Asos to mothball US distribution center at cost of £190m
Asos is mothballing its Atlanta distribution center at a cost of £190 million (€226m). The British online fashion retailer said that the bulk of US orders will now be managed by its UK fulfillment center in Barnsley from the second half of the 2025 fiscal year, supported by a “smaller, ...
Surveys paint a bleak picture of Germany’s holiday season sales
The shopping period leading up to the holiday season has brought more disappointment than cheer for both Germany’s online retailers and brick-and-mortar stores.
Swiss online retail sales set to hit a new record high
Online retail in Switzerland is set to hit a record high this year, with significant changes in consumer behavior, while Chinese e-commerce players are steadily on the rise. Footwear is following the same trend, according to a survey conducted by the University of St. Gallen among 1,334 people in the ...
German companies face unprecedented supply chain challenges
German businesses are bracing for potential disruptions to global trade, with mounting concerns over geopolitical conflicts, bureaucratic hurdles, and the ongoing complexities of navigating relations with key trading partners like the US and China.