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Qrsi RegTech: The Innovation Enabler
Zalando, the biggest European online fashion retailer, doesnt think the current slowdown on internet shopping will last, Financial Times  FT  wrote Sunday  Aug. 14 .Co-Founder and Co-CEO Robert Gentz said the global economic situation was  just a blip  and thought Berlin-based Zalando would be able to avoid mass layoffs other companies are issuing, including Amazon, Klarna and Shopify.Zalando has been hit hard, with its revenues seeing a falloff in the first half of the year 鈥?the first time its happened in the companys history.But Gentz said the companys plan was to  keep employment steady  all through this year.He said the company has been more cautious about hiring.Gentz said Zalando had been slow to follow along with the crisis in consumer confidence that was spurred by the war in Ukraine and inflation.聽But he said the company was now doing damage control and would  play a bit more defensively. He said the company has scaled back marketing spending, and slowed the progress to build new logistics centers, along with scaling back free shipping offers to avoid losses on small orders.Gentzs opinion is that the drain from higher inventorie <a href=https://www.cup-stanley-cup.ca>stanley mug</a> s will  peter out <a href=https://www.stanleycups.co.nz>stanley nz</a>  in the second half  of the year.He said cash  is not a concern  and that postponed investments would help the company save money overa <a href=https://www.cup-stanley-cup.ca>stanley ca</a> ll.There has been a slowdown overall in eCommerce shopping, with Zalando and Made warning earlier in the year of a profit fall, PYMNTS wrote.Read more: Online Shopping Slowdown Could Lead to G Sndp Shein Reportedly Set to File for UK IPO
As shaving products company Harrys plans to announce its $112 million in new financing, the company is looking to grow its brand beyond mens grooming. The move could provide competition from large conglomerates such as Procter  Gamble, The New York Times reported. Weve built a lot of infrastructure at Harrys that we think we can leverage into new categories,  Jeff Raid <a href=https://www.stanley-cup.us>stanley mugs</a> er, one of Harrys founders, told the Times.  Its something that weve been excited about for a long time, and were now at a point in our business where we can act on it. Harrys聽and competitors such as the Dollar Shave Club have built their business on a subscription model. They market聽their products to younger consumers through eCommerce to gain market share from  <a href=https://www.stanleycup.fr>stanley france</a> more established players such as Gillette and Schick. Beyond eCommerce, however, the brand began聽selling its razors in brick-and-mortar Target locations in 2016.Despite its success with razors, Harry   is already lookin <a href=https://www.stanleycup.com.de>stanley quencher</a> g beyond men   grooming. The company invested in hair loss product startup Hims聽and is seeking to gain ownership stakes in other brands, according to reports. Harry   founders also have an interest in branching out into consumer goods such as personal care, baby products and聽household items.The news comes three years after Harrys capped a $75.6 million Series C round that brought its value to $750 million in 2015. The round, led by Wellington Partners, also saw involvement from previous investor聽Tiger Global Manageme
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