1. Technology & Innovation

Shein sheds up to one-third of its value in stake sales

Written by Posted on Less than 0 min read

Shein has shed up to one-third of its value in private markets in recent months after reaching a £100bn valuation earlier this year, according to a report by The Financial…

The post Shein sheds up to one-third of its value in stake sales appeared first on Latest Retail Technology News From Across The Globe – Charged.

View Original Article
Member since
The latest retail technology news from across the globe. https://www.chargedretail.co.uk/
Do you like ChargedRetail's articles? Follow on social!

More from ChargedRetail

  1. Operations & Supply Chain

Primark’s click and collect trial to be powered by Clipper Logistics

Primark’s highly-anticipated click and collect trial – scheduled to launch at the end of this year – will be powered by logistics firm Clipper Group. The high street fashion giant… The post Primark’s click and collect trial to be powered by Clipper Logistics appeared first on Latest Retail Technology News From Across The Globe – […]
< 1 min read
0
  1. Stores & Formats

Online retail and grocery traffic take a tumble in 2022 as cost of living crisis intensifies

UK ecommerce and online grocery shopping has sharply declined in 2022, according to a new study by digital intelligence platform Similarweb. The research reveals that the online retail market has… The post Online retail and grocery traffic take a tumble in 2022 as cost of living crisis intensifies appeared first on Latest Retail Technology News […]
< 1 min read
0
  1. Department & Category

Amazon-backed firm says it will provide electrofuels to ecommerce giant’s fleet

Amazon-backed Infinium said on Tuesday that it will supply low-carbon electrofuels for the ecommerce giant’s trucking fleet, starting from next year. Infinium’s supply of electrofuels, which are a fossil-based fuel… The post Amazon-backed firm says it will provide electrofuels to ecommerce giant’s fleet appeared first on Latest Retail Technology News From Across The Globe – […]
< 1 min read
0
  1. Technology & Innovation

Boohoo and Wilko cancelling orders with suppliers as sales slow down

Fast fashion giant Boohoo and discount retailer Wilko are cancelling and deferring orders from suppliers amid slowing sales and soaring costs, according to a report from The Times. According to… The post Boohoo and Wilko cancelling orders with suppliers as sales slow down appeared first on Latest Retail Technology News From Across The Globe – […]
< 1 min read
0
  1. Media & Marketing

TikTok’s European turnover surged almost six-fold last year

TikTok increased its European turnover six-fold in 2021, however its losses climbed by a third at the same time while the Chinese-owned social media giant attempted to bolster its offering… The post TikTok’s European turnover surged almost six-fold last year appeared first on Latest Retail Technology News From Across The Globe – Charged. View Original […]
< 1 min read
0
  1. Department: Consumer Durables

Lululemon warns of softer guidance despite topping profits

Lululemon warned of softer guidance in its fourth quarter despite reporting sales and profits topping analyst estimates. Earnings per share came in at $2 adjusted vs. $1.97 expected by Refinitiv… The post Lululemon warns of softer guidance despite topping profits appeared first on Latest Retail Technology News From Across The Globe – Charged. View Original […]
< 1 min read
0
  1. Media & Marketing

Here’s what Elon Musk told Twitter employees in first company meeting

Elon Musk addressed Twitter employees on Thursday ahead of his $44 billion acquisition of the social media giant. Musk, who owns both Tesla and SpaceX already, agreed to purchase Twitter… The post Here’s what Elon Musk told Twitter employees in first company meeting appeared first on Latest Retail Technology News From Across The Globe – […]
< 1 min read
0
  1. Corporate Strategy

69% of UK CEOs leaving businesses vulnerable by releasing insufficiently tested software

A whopping 69% of UK chief executives think it’s acceptable to release software that hasn’t been properly tested, so long as it’s patch tested later, according to a new report… The post 69% of UK CEOs leaving businesses vulnerable by releasing insufficiently tested software appeared first on Latest Retail Technology News From Across The Globe […]
< 1 min read
0
  1. Channel: Mass

Tesco’s under fire following technical glitch

Tesco’s technical glitch left thousands of customers furious as they experienced delivery cancellations, many of which happened allegedly “last minute.” The groceries retailer cancelled a number of orders yesterday following… The post Tesco’s under fire following technical glitch appeared first on Latest Retail Technology News From Across The Globe – Charged. View Original Article Technology […]
< 1 min read
0
  1. Media & Marketing

Meta releases first human rights report

Meta has released its first annual human rights on Thursday, after years of accusations that it turns a blind eye to online abuses. The report includes a summary of the… The post Meta releases first human rights report appeared first on Latest Retail Technology News From Across The Globe – Charged. View Original Article Technology […]
< 1 min read
0
  1. International

Amazon powering ahead with bold ambitions for UK grocery, says TWC

Amazon’s efforts to become a major player in UK grocery appear to be paying off, with 55% consumer awareness nationally, rising to 68% in London. A new report from TWC… The post Amazon powering ahead with bold ambitions for UK grocery, says TWC appeared first on Latest Retail Technology News From Across The Globe – […]
< 1 min read
0
  1. Stores & Formats

Co-op offers on-demand delivery with Just Eat

Just Eat has partnered with the Co-op, to launch on-demand online delivery partnership nationwide. The service will initially begin in 50 UK stores from early next year, with a further… The post Co-op offers on-demand delivery with Just Eat appeared first on Latest Retail Technology News From Across The Globe – Charged. View Original Article […]
< 1 min read
0
  1. Media & Marketing

Amazon and Apple plan to resume advertising on Twitter

Amazon and Apple are planning to resume advertising on Twitter, according to a report from Reuters. Twitter reportedly sent out an email on Thursday offering advertising agencies incentives to increase… The post Amazon and Apple plan to resume advertising on Twitter appeared first on Latest Retail Technology News From Across The Globe – Charged. View […]
< 1 min read
0
  1. International

Boohoo agrees settlement in US class action over misleading customers on pricing

Boohoo has agreed a final settlement in a class action lawsuit about misleading customers on pricing. The fast fashion giant confirmed the settlement has been made “without admission of liability.”… The post Boohoo agrees settlement in US class action over misleading customers on pricing appeared first on Latest Retail Technology News From Across The Globe […]
< 1 min read
0
  1. Partnerships & Alt Profit

Evri partners with Vinted for influencer collaboration

Evri, the consumer delivery specialist previously known as Hermes, has entered into a strategic partnership with second-hand online marketplace Vinted. The largest ‘preloved’ consumer marketplace in Europe, Vinted has been… The post Evri partners with Vinted for influencer collaboration appeared first on Latest Retail Technology News From Across The Globe – Charged. View Original Article […]
< 1 min read
0
  1. Media & Marketing

TikTok enlists J.P. Morgan for fintech push

TikTok parent ByteDance has been enlisting the help of J.P. Morgan for payments technology for its push to expand into more than two dozen markets and rich millions more users.… The post TikTok enlists J.P. Morgan for fintech push appeared first on Latest Retail Technology News From Across The Globe – Charged. View Original Article […]
< 1 min read
0
  1. Associates & Employees

Rent the Runway cuts workforce despite increasing profits

Rent the Runway is reducing its workforce by nearly a quarter to cut annual operating expenses, despite recording record sales for the second quarter ending July 31. The rental ecommerce… The post Rent the Runway cuts workforce despite increasing profits appeared first on Latest Retail Technology News From Across The Globe – Charged. View Original […]
< 1 min read
0
  1. Partnerships & Alt Profit

Hugo Boss partners with Reactive Reality to launch online virtual fitting rooms

Hugo Boss has partnered with Reactive Reality, virtual try-on platform, to launch 3D digital dressing room technology on its website. Reactive Reality’s patented AR solution has been “seamlessly integrated” into… The post Hugo Boss partners with Reactive Reality to launch online virtual fitting rooms appeared first on Latest Retail Technology News From Across The Globe […]
< 1 min read
0
  1. Channel: Ecommerce & Digital

Ocado to raise £575 million for tech arm growth

Ocado is planning to raise £575 million ($704.2 million) through a placing of new shares to help fund the growth of its tech arm. The online supermarket and technology group… The post Ocado to raise £575 million for tech arm growth appeared first on Latest Retail Technology News From Across The Globe – Charged. View […]
< 1 min read
0
  1. Corporate Strategy

Frasers Group names CEO for Missguided and ISawItFirst

Frasers Group has named Greg Pateras as CEO of Missguided and ISawItFirst.com, according to a memo seen by Retail Gazette. The leaked document revealed that Pateras, who was the CEO… The post Frasers Group names CEO for Missguided and ISawItFirst appeared first on Latest Retail Technology News From Across The Globe – Charged. View Original […]
< 1 min read
0
Next