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Adidas Posts Losses Of $400M In Q2, But Expects Q3 Rebound

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Adidas AG , the global sneaker maker, revealed losses of nearly $400 million in the second quarter (Q2) amid store closures to prevent the spread of the coronavirus. At the same time, Adidas suffered an operating loss of 333 million euros ($394 million). billion euros ($4.3 billion) in the quarter.

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Why The eCommerce Model Is More Accessible To SMBs Than They May Think

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Yet as more organizations embrace the eCommerce shift, the growing pains of these changes will ease into preparedness for the future. By enabling businesses that might have otherwise assumed they weren't mean for an eCommerce model, CloudBusiness was able to both retain customers and help keep those businesses afloat.

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Are Private Labels The Key To Cracking The Profitability Indian eCommerce?

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These days there are 800 million bank accounts linked to the Aadhaar the national-identity digital database, according to reports in The Economist , and thosee account are all connected to the Universal Payments Interface that allows easy transfers between banks accounts. Great Expectations And Big Buy-Ins.

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The Walmart Amazon Whole Paycheck Tracker: The Regulation And eCommerce Loss Blues

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But, as Walmart and Amazon seem to like to do things in tandem, Walmart is also paying for some success — in this case success in rapidly building out its eCommerce operations. New Responsibilities: Court Finds Amazon Accountable for Third-Party Goods . The Big Blip of the Week: The High Cost of Success In eCommerce.

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Low-Priced iPhone, China Discounts Could Limit Apple’s Losses

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In China, JD.com, the country’s largest eCommerce site, is selling the iPhone 11 with 64GB for 3,299 yuan or $466 — a discount of 2,200 yuan, a whopping $310, or 40 percent off its original price of a few months ago. China accounts for 15 percent of Apple’s sales. Apple Inc.’s s discounts couldn’t come at a better time.

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FTC: Millennials Report Losing $71M To eCommerce Fraud In Two Years

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In addition, millennials are more likely to report fraud losses on scams that promise to fix debt-related problems or that promise money through jobs, investments or business opportunities. The average loss was $600. However, millennials have reported losing nearly $450 million to fraud in just the past two years.

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Walmart Amazon Whole Paycheck Tracker: Grocery Expansions, eCommerce Improvements And Voice Extensions

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The first big news over the wires was official confirmation that the eCommerce giant will open an Amazon branded grocery store next year in California. Loss of the Week: Nike Says So Long to Amazon . The move ends a two-year eCommerce partnership between the two brands. Worry of the Week: Buttressing the Full eCommerce Offering.