In today’s InternetRetailing newsletter we learn that collaboration may be the answer to an independent luxury platform for the fashion industry as Farfetch buys a 47.5% stake in YNAP. The move will see expansion for both companies as well as brands within the Richemont Maisons.
Boots is also partnering to expand channels through a link up with Deliveroo. This week sees Boots’ products added to the Deliveroo app with fulfilment from 125 stores across the UK.
We also take a focussed look at how the Digital Media sector in Europe has performed with some special insights from RetailX’s EMEA Digital Media Sector report.
The sector has been one that has seen over the past two decades monumental changes, both in terms of what it sells and how it sells them. The sector was dominated at the start of the 21st Century by physical records, CDs, videos, DVDs and games cartridges, all played on bespoke equipment. Today the sector is all about streamed content, which can be consumed on a much narrower range of devices – think smartphone and a computer and you pretty much can do everything from watch a movie, listen to your top tracks, play games with your friends and even read a book.
This has radically changed the retail dynamics of the sector, placing content above all else and seeing a range of device makers pushed to the fore, while many once immutable names have fallen by the wayside.
In this special focus on the sector we get a taste for how the industry has changed, how its key players have performed and take a deep dive into what this has meant for the fortunes of two of its biggest players – Amazon and Apple.
This week we also hear from Gavin Lowther, digital operations director at Visualsoft in this week’s Guest Comment about the trends set to dominate mobile ecommerce’s future.
