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Tag: E-commerce

  • This millennial took a gamble during the pandemic. Now her startup has raised over $225 million

    This millennial took a gamble during the pandemic. Now her startup has raised over $225 million

    When the Covid pandemic was raging in 2020, much of the world was in lockdown and more turned to online shopping.

    But Chrisanti Indiana did the unexpected: she expanded her e-commerce business — offline.

    Her beauty and personal care e-commerce startup, Sociolla, had just two brick-and-mortar stores in Indonesia in 2019. By the end of 2021, that number grew “10 times” more, she said.

    “A lot of people actually told us that it’s a very bold move to actually open an offline presence, while everybody was closing their offline stores [during the pandemic],” she added. 

    But that was a “well-calculated” move for Social Bella, which operates Sociolla. 

    We know that this is the time for us to actually prepare … to make sure that after the pandemic, we can serve more and more consumers.

    Chrisanti Indiana

    Co-founder and CMO, Sociolla

    “We know that this is the time for us to actually prepare … to make sure that after the pandemic, we can serve more and more consumers,” she added. 

    Looking far ahead turned out to be the right move for the 31-year-old. Her online and offline approach transformed her e-commerce startup into a multimillion-dollar beauty conglomerate.  

    Since 2018, it has raised around $225 million, and drawn an impressive list of investors that include East Ventures, Jungle Ventures, Temasek and Pavilion Capital.  

    Indiana, the co-founder and chief marketing officer of Social Bella, tells CNBC Make It how she took her Jakarta-based startup to the next level.

    Tackling counterfeits  

    The idea for Sociolla came about in 2015, when Indiana returned home to Jakarta, after studying in Australia.  

    The makeup junkie realized that in Australia, she had easy access to a wide range of beauty products from international brands. That was a stark contrast to Indonesia.

    “There was lot of options for me, but then I came back and there’s basically none,” said Indiana. 

    “There wasn’t a platform that had it all — I had to find specific sellers on social media, ask friends who can help purchase the product for you [when they are] overseas.”

    What made matters worse for her was the online proliferation of counterfeit makeup products that were sometimes selling at “a fraction” of the original’s price. 

    I still remember vividly in my mind that there’s a lot of like sellers online, especially on social media, that claim their products are 99% authentic. What does that mean, 99% authentic?

    Chrisanti Indiana

    Co-founder and CMO, Sociolla

    “I still remember vividly in my mind that there’s a lot of like sellers online, especially on social media, that claim their products are 99% authentic. What does that mean, 99% authentic?” 

    Indeed, locally made counterfeits in Indonesia are rife, thanks to cheap labor costs and materials. According to a local report, Indonesian authorities seized illegal cosmetic products worth $9 million in 2018 — twice the previous year’s amount. 

    Seeing friends buying these products left Indiana perplexed. 

    “It’s skincare, it’s makeup. It’s something that you put on your skin. It’s just bizarre for me,” she said. 

    Sociolla has expanded into brick-and-mortar shops. It now has 47 stores in Indonesia and 16 in Vietnam.

    Social Bella

    Determined to build a space where consumers can get products that are safe and authentic, Indiana teamed up with her brother and friend to launch Social Bella, with a starting capital of $13,000.

    “Since we started, we ensure that we only work with authorized distributors or brand owners,” Indiana said. 

    Building an ‘ecosystem’

    Social Bella was founded in 2015 by Chrisanti Indiana, her brother and president Christopher Madiam (left) and CEO John Rasjid (right).

    Social Bella

    The “beauty journey” for customers goes beyond putting something in their shopping carts and checking out, said Indiana. 

    “We realized that there’s a lot of touch points that are really important … finding the right products for yourself is not just about going to the store and picking it up. You will make sure that you read the reviews, talk to your friends, or Google first,” she added. 

    “Soco makes sure that they can access tons of product reviews before they purchase products.”

    On top of that, Social Bella also runs Beauty Journal — a lifestyle website, and Lilla, an online retailer for mothers and babies.

    That’s all part of building the business “ecosystem,” as Indiana calls it.

    We want to make sure that we are scaling up and reaching more and more consumers. If Social Bella becomes a unicorn, it’s a bonus.

    “We want to … to serve more and more women, not only in beauty and personal care, but also in other industries.”

    The startup appears to be on the right track — it now boasts more than 30 million users across all its business units, said Social Bella, selling an inventory of 12,000 products from 400 brands worldwide.

    Indonesia’s next unicorn? 

    Social Bella aims to serve more female customers.

    Social Bella

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  • Amazon stock sinks after holiday forecast and cloud growth, profit disappoint; $150 billion in market cap at risk

    Amazon stock sinks after holiday forecast and cloud growth, profit disappoint; $150 billion in market cap at risk

    Amazon.com Inc. predicted Thursday that holiday sales and profit would come in well lower than analysts expected as cloud growth slowed and Amazon Web Services profit missed expectations by nearly $1 billion, sending shares south in after-hours trading.

    Amazon
    AMZN,
    -4.06%

    executives guided for fourth-quarter operating profit of break-even to $4 billion and holiday sales of $140 billion to $148 billion, while analysts on average were expecting operating income of $5.05 billion on revenue of $155.09 billion, according to FactSet. AWS sales of $20.54 billion grew 27.5% from the year before, the lowest growth rate for the pioneering cloud-computing product in records dating back to the beginning of 2014, and lower than analysts’ average estimate of $21.2 billion; AWS operating income of $5.4 billion handily missed analysts’ average estimate of $6.37 billion, according to FactSet.

    “As the third quarter progressed, we saw moderating sales growth across many of our businesses, as well as increased foreign-currency headwinds … and we expect these impacts to persist throughout the fourth quarter,” Chief Financial Officer Brian Olsavsky said in a conference call Thursday afternoon. “As we have done in similar times in our history we are also taking action to tighten our belt, including pausing hiring in certain businesses and winding down products and services where we believe our resources are better spent elsewhere.”

    Shares dove as much as 20% in after-hours trading immediately following the release of the results, after closing with a 4.1% decline at $110.96, but ended the extended trading period down 13%. After-hours prices could chop roughly $150 billion from Amazon’s market capitalization and send it lower than $1 trillion for the first time since April 2020 if they were to persist through Friday’s regular trading session, according to FactSet.

    Amazon reported its first quarterly profit of the year for the third quarter, and easily beat analysts’ expectations for the back-to-school period that included the company’s first Prime Day of the year, but earnings still declined from last year. Executives reported third-quarter profit of $2.87 billion, or 28 cents a share, down from 31 cents a share in the year-ago quarter after adjusting for Amazon’s 20-to-1 stock split.

    Revenue grew to $127.1 billion from $110.8 billion, in the middle of executives’ forecast for $125 billion to $130 billion but slightly missing analysts’ expectations; executives said revenue would have been $5 billion higher without the effects of the strengthening dollar. Analysts on average expected earnings of 22 cents a share on sales of $127.39 billion, according to FactSet.

    “There is obviously a lot happening in the macroeconomic environment, and we’ll balance our investments to be more streamlined without compromising our key long-term, strategic bets,” Chief Executive Andy Jassy said in a statement. “What won’t change is our maniacal focus on the customer experience, and we feel confident that we’re ready to deliver a great experience for customers this holiday shopping season.”

    Amazon had reported quarterly losses through the first half of the year, largely because of a rapid post-IPO decline in one of its investments, Rivian Automotive Inc.
    RIVN,
    +0.17%
    .
    But the Seattle-based company has also been looking to cut costs after spending wildly during the first two years of the COVID-19 pandemic to keep up with spiking demand for its online store and Amazon Web Services cloud-computing products.

    Amazon’s stock has suffered as it faces comparisons to the headier days of last year, and will do so again in the holiday season, when it faces a comparison with a nearly $12 billion profit from its Rivian investment, which has declined more than 50% from its IPO price and stands at roughly one-fifth its peak post-IPO price.

    There were thoughts that Amazon would be cautious with its holiday forecast, as its attempts to cut costs run into the need to keep its giant logistics operation running smoothly. The company is looking to hire 150,000 workers to get through the holiday season, and recently announced increased pay for fulfillment workers.

    “On 4Q consensus estimates, we believe AMZN will likely err on the side of being more conservative, given the uncertain consumer spend environment,” MKM Partners Managing Director Rohit Kulkarni wrote in a note. “We believe recently announced wage hike, higher near-term content costs amortization (NFL & Lord Of Rings), and potentially greater merchandise discounting might weigh on 4Q Op Margins.”

    Amazon’s e-commerce operations were boosted in the third quarter by the company’s annual Prime Day event in July, and the company tried to replicate the event in October, but analysts saw the second Prime Day as less successful and potentially a sign of weakness.

    “We see Amazon’s decision to hold two Prime Day sales in one calendar year as a red flag for weak e-commerce sales; consistent with retailers, in general, holding more sales when their sales are under pressure,” D.A. Davidson analyst Tom Forte wrote in a preview of Amazon’s report.

    In the third quarter — with back-to-school sales and the first Prime Day event — quarterly retail sales in North America hit $78.84 billion, while overseas revenue totaled $27.72 billion. Analysts on average were expecting $77.24 billion and $29 billion respectively, according to FactSet. Sales in both locations were unprofitable from an operating perspective for the fourth consecutive quarter, losing a total of $2.88 billion.

    Amazon’s profit largely comes from the fat margins of its AWS cloud-computing offering, but there have been concerns about growth leveling off for cloud after rival Microsoft Corp.
    MSFT,
    -1.98%

    reported a deceleration earlier this week and guided for a further decline in growth in the fourth quarter. AWS did provide enough profit in the third quarter to overcome the losses in e-commerce, but the result was the lowest quarterly operating income for Amazon overall since the first quarter of 2018, according to FactSet records.

    Opinion: The cloud boom is coming back to Earth, and that could be scary for tech stocks

    “The ongoing macroeconomic uncertainties have seen an uptick in AWS customers focused on controlling costs and we are proactively working to help customers cost-optimize just as we have done throughout our history, especially in periods of economic uncertainty,” Olsavsky said in Thursday’s conference call, before adding that revenue growth dipped to the mid-20s late in the period from an overall rate of 27.5% for the quarter.

    “So carry that forecast to the fourth quarter, we are not sure how it’s going to play out, but that’s generally our assumption,” he said, suggesting that Amazon expects the AWS revenue-growth rate to decline again in the fourth quarter.

    Amazon’s other higher-margin business is advertising, which has grown strongly in recent years as companies seeking to sell products on Amazon pay the company to list their products higher when consumers search for them on the e-commerce platform. Amazon reported third-quarter advertising revenue of $9.55 billion, up from $7.61 billion a year ago and topping the average analysts estimate of $9.48 billion.

    The results seemed to spread fears to other e-commerce companies and cloud-focused companies. Wayfair Inc.
    W,
    +0.37%
    ,
    eBay Inc.
    EBAY,
    +0.71%

    and Etsy Inc.
    ETSY,
    -0.48%

    shares all fell roughly 5% or more in after-hours trading, as did cloud-software providers Snowflake Inc.
    SNOW,
    -0.20%
    ,
    MongoDB Inc.
    MDB,
    -0.35%

    and Datadog Inc.
    DDOG,
    +0.81%

    Microsoft’s stock declined about 1.5%.

    Amazon stock has fallen 33.5% so far this year, as the S&P 500 index
    SPX,
    -0.61%

    has dropped 19.6%.

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  • Apple Earnings Are on Deck as Consumer Demand Softens

    Apple Earnings Are on Deck as Consumer Demand Softens



    Apple


    shares have been remarkably resilient in the face of this year’s tech stock selloff, falling less than 15% since the end of December, and sharply outperforming rivals


    Microsoft



    Alphabet


    and


    Amazon


    which are all down from 26% to 28%.

    Apple (ticker: AAPL) sits with a $2.4 trillion market valuation—$500 billion more than Microsoft, $1 trillion more than Alphabet, and nearly double the size of Amazon.

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  • Microsoft stock slammed by cloud-growth fears, taking Amazon down with it

    Microsoft stock slammed by cloud-growth fears, taking Amazon down with it

    Microsoft Corp. shares fell more than 6% in after-hours trading Tuesday as the company’s cloud-computing growth hit a sudden deceleration and executives guided for holiday-season revenue to come in more than $2 billion lower than expectations.

    The Azure cloud-computing business has grown into the largest and most important business for Microsoft
    MSFT,
    +1.38%
    ,
    and there have been concerns about cloud growth as the U.S. faces a potential recession for the first time since the technology became ubiquitous. Microsoft executives said that Azure grew by 35% in their fiscal first quarter, a marked slowdown from Azure’s 40% growth rate in the previous quarter, as well as the 50% growth shown in the same quarter last year; analysts on average were expecting 36.5% growth, according to FactSet.

    Opinion: The cloud boom is coming back to Earth, and that could be scary for tech stocks

    In the current quarter, Chief Financial Officer Amy Hood suggested a similar sequential decline is in store for Azure, saying percentage growth should decline by five points on a constant-currency basis. Hood also suggested that more cost cuts could be coming to Microsoft, after the company confirmed layoffs of fewer than 1,000 employees earlier this month.

    “While we continue to help our customers do more with less, we will do the same internally,” she said. “And you should expect to see our operating-expense growth moderate materially through the year while we focus on growing productivity of the significant head-count investments we’ve made over the last year.”

    Microsoft shares slid to declines of more than 6% in after-hours trading following Hood’s forecast, which was provided in a conference call. Shares closed with a 1.4% increase at $250.66.

    Concerns about cloud growth immediately spread to Azure’s biggest competitor, Amazon Web Services, as Amazon.com Inc. stock
    AMZN,
    +0.65%

    fell more than 4% in after-hours trading.

    Microsoft reported fiscal first-quarter earnings of $17.56 billion, or $2.35 a share, down from $2.71 a share in the same quarter a year ago, when the tech giant disclosed a 44 cent-per-share tax benefit. Revenue increased to $50.1 billion from $45.32 billion a year ago. Analysts on average were expecting earnings of $2.31 a share on sales of $49.66 billion, according to FactSet.

    For the fiscal second quarter, Hood guided for revenue of $52.35 billion to $53.35 billion, while analysts on average were expecting sales of $56.16 billion, according to FactSet. Hood said that “Intelligent Cloud” revenue should land from $21.25 billion to $21.55 billion, while analysts on average were projecting $21.82 billion heading into the print; Microsoft’s other revenue-segment forecasts were even further off analysts’ average expectations.

    Microsoft has also suffered from the strengthening dollar, as well as a sharp downturn in personal-computer sales, which spiked during the pandemic but are now showing record regression.

    For more: The pandemic PC boom is over, but its legacy will live on

    Microsoft reported PC revenue of $13.3 billion for the quarter, roughly flat from $13.31 billion a year before and beating the average analyst estimate of $13.12 billion, according to FactSet. While PCs have long been what consumers largely know Microsoft for, their importance to the company’s financials has declined in recent years as cloud computing has grown in importance.

    “Historically, Windows was a very large driver of Microsoft revenue and, given its strong margins, a disproportionate driver of earnings,” Bernstein analysts wrote in a preview of the report, while maintaining an “overweight” rating. “Over time other businesses, especially Microsoft’s commercial Cloud, have grown fast while the Windows business has grown quite slower, decreasing the relative impact of Windows.”

    The “Intelligent Cloud” segment reported first-quarter revenue of $20.3 billion, up from $16.96 billion a year ago but slightly lower than the average analyst estimate tracked by FactSet of $20.46 billion. Azure’s 35% growth was the slowest Microsoft has reported in records dating back through the prior two fiscal years; Microsoft only reports percentage growth for its Azure cloud-computing product, even as main rivals Amazon.com Inc.
    AMZN,
    +0.65%

    and Alphabet Inc.
    GOOGL,
    +1.91%

    GOOG,
    +1.90%

    report revenue and profit margin for their cloud-computing products.

    Microsoft’s other revenue segment, “Productivity and Business Processes,” reported revenue of $16.5 billion, up from $15.04 billion a year ago and higher than the average analyst estimate of $16.13 billion, according to FactSet. That segment includes Microsoft’s core cloud-software properties such as its Office suite of products — which is being officially renamed Microsoft 365 — as well as LinkedIn and some other properties.

    Microsoft stock has declined 25.5% so far this year, as the S&P 500 index
    SPX,
    +1.63%

    has dropped 20.3% and the Dow Jones Industrial Average
    DJIA,
    +1.07%

    — which counts Microsoft as one of its 30 components — has declined 13.3%.

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  • Hong Kong stocks suffer worst single-day rout since 2008 as Xi consolidates power

    Hong Kong stocks suffer worst single-day rout since 2008 as Xi consolidates power

    Hong Kong stocks suffered their worst single session since the 2008 financial crisis after Chinese leader Xi Jinping tightened his grip on power.

    The Hang Seng
    HSI,
    -6.36%

    ended more than 6% lower to a new 13-year low, with tech giants including JD.com
    9618,
    -13.17%

    JD,
    -0.02%
    ,
    Baidu
    9888,
    -12.20%

    BIDU,
    -2.29%
    ,
    Tencent
    700,
    -11.43%

    and Alibaba
    9988,
    -11.42%

    BABA,
    +0.22%

    dropping between 11% and 13% each.

    The local Shanghai Composite
    SHCOMP,
    -2.02%

    index fell a less dramatic 2%.

    Over the weekend, the 69-year-old Xi secured his third term as general secretary of the Chinese Communist Party. Reporters captured video of former Chinese President Hu Jintao getting escorted out of the closing ceremony. Four of the seven standing committee members were replaced, all of whom are at least 60 years old.

    Analysts at Goldman Sachs say most of the new appointees worked with Xi at earlier stages of their careers. “We note that incoming leaders could arguably be more focused on ideological and political subjects while the retiring policymakers appear more economy/market-oriented,” they said.

    They added that for valuations to improve, more clarity on the zero COVID policy, stabilization of the property markets, and de-escalation of both cross-straits and U.S.-China tensions would be needed.

    China also reported delayed data, saying its economy grew at a 3.9% year-over-year rate in the third quarter, up from 0.4% in the second quarter.

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  • Microsoft Lays Off Employees After Slowdown in Earnings Growth

    Microsoft Lays Off Employees After Slowdown in Earnings Growth

    The software giant said earlier this year that it planned to reduce staff by less than 1%

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  • These 11 stocks can lead your portfolio’s rebound after the S&P 500 ‘earnings recession’ and a market bottom next year

    These 11 stocks can lead your portfolio’s rebound after the S&P 500 ‘earnings recession’ and a market bottom next year

    This may surprise you: Wall Street analysts expect earnings for the S&P 500 to increase 8% during 2023, despite all the buzz about a possible recession as the Federal Reserve tightens monetary policy to quell inflation.

    Ken Laudan, a portfolio manager at Kornitzer Capital Management in Mission, Kan., isn’t buying it. He expects an “earnings recession” for the S&P 500
    SPX,
    +2.78%

    — that is, a decline in profits of around 10%. But he also expects that decline to set up a bottom for the stock market.

    Laudan’s predictions for the S&P 500 ‘earnings recession’ and bottom

    Laudan, who manages the $83 million Buffalo Large Cap Fund
    BUFEX,
    -2.86%

    and co-manages the $905 million Buffalo Discovery Fund
    BUFTX,
    -2.82%
    ,
    said during an interview: “It is not unusual to see a 20% hit [to earnings] in a modest recession. Margins have peaked.”

    The consensus among analysts polled by FactSet is for weighted aggregate earnings for the S&P 500 to total $238.23 a share in 2023, which would be an 8% increase from the current 2022 EPS estimate of $220.63.

    Laudan said his base case for 2023 is for earnings of about $195 to $200 a share and for that decline in earnings (about 9% to 12% from the current consensus estimate for 2022) to be “coupled with an economic recession of some sort.”

    He expects the Wall Street estimates to come down, and said that “once Street estimates get to $205 or $210, I think stocks will take off.”

    He went further, saying “things get really interesting at 3200 or 3300 on the S&P.” The S&P 500 closed at 3583.07 on Oct. 14, a decline of 24.8% for 2022, excluding dividends.

    Laudan said the Buffalo Large Cap Fund was about 7% in cash, as he was keeping some powder dry for stock purchases at lower prices, adding that he has been “fairly defensive” since October 2021 and was continuing to focus on “steady dividend-paying companies with strong balance sheets.”

    Leaders for the stock market’s recovery

    After the market hits bottom, Laudan expects a recovery for stocks to begin next year, as “valuations will discount and respond more quickly than the earnings will.”

    He expects “long-duration technology growth stocks” to lead the rally, because “they got hit first.” When asked if Nvidia Corp.
    NVDA,
    +6.14%

    and Advanced Micro Devices Inc.
    AMD,
    +3.69%

    were good examples, in light of the broad decline for semiconductor stocks and because both are held by the Buffalo Large Cap Fund, Laudan said: “They led us down and they will bounce first.”

    Laudan said his “largest tech holding” is ASML Holding N.V.
    ASML,
    +3.79%
    ,
    which provides equipment and systems used to fabricate computer chips.

    Among the largest tech-oriented companies, the Buffalo Large Cap fund also holds shares of Apple Inc.
    AAPL,
    +3.09%
    ,
    Microsoft Corp.
    MSFT,
    +3.88%
    ,
    Amazon.com Inc.
    AMZN,
    +6.63%

    and Alphabet Inc.
    GOOG,
    +3.91%

    GOOGL,
    +3.73%
    .

    Laudan also said he had been “overweight’ in UnitedHealth Group Inc.
    UNH,
    +1.77%
    ,
    Danaher Corp.
    DHR,
    +2.64%

    and Linde PLC
    LIN,
    +2.25%

    recently and had taken advantage of the decline in Adobe Inc.’s
    ADBE,
    +2.32%

    price following the announcement of its $20 billion acquisition of Figma, by scooping up more shares.

    Summarizing the declines

    To illustrate what a brutal year it has been for semiconductor stocks, the iShares Semiconductor ETF
    SOXX,
    +2.12%
    ,
    which tracks the PHLX Semiconductor Index
    SOX,
    +2.29%

    of 30 U.S.-listed chip makers and related equipment manufacturers, has dropped 44% this year. Then again, SOXX had risen 38% over the past three years and 81% for five years, underlining the importance of long-term thinking for stock investors, even during this terrible bear market for this particular tech space.

    Here’s a summary of changes in stock prices (again, excluding dividends) and forward price-to-forward-earnings valuations during 2022 through Oct. 14 for every stock mentioned in this article. The stocks are sorted alphabetically:

    Company

    Ticker

    2022 price change

    Forward P/E

    Forward P/E as of Dec. 31, 2021

    Apple Inc.

    AAPL,
    +3.09%
    -22%

    22.2

    30.2

    Adobe Inc.

    ADBE,
    +2.32%
    -49%

    19.4

    40.5

    Amazon.com Inc.

    AMZN,
    +6.63%
    -36%

    62.1

    64.9

    Advanced Micro Devices Inc.

    AMD,
    +3.69%
    -61%

    14.7

    43.1

    ASML Holding N.V. ADR

    ASML,
    +3.79%
    -52%

    22.7

    41.2

    Danaher Corp.

    DHR,
    +2.64%
    -23%

    24.3

    32.1

    Alphabet Inc. Class C

    GOOG,
    +3.91%
    -33%

    17.5

    25.3

    Linde PLC

    LIN,
    +2.25%
    -21%

    22.2

    29.6

    Microsoft Corp.

    MSFT,
    +3.88%
    -32%

    22.5

    34.0

    Nvidia Corp.

    NVDA,
    +6.14%
    -62%

    28.9

    58.0

    UnitedHealth Group Inc.

    UNH,
    +1.77%
    2%

    21.5

    23.2

    Source: FactSet

    You can click on the tickers for more about each company. Click here for Tomi Kilgore’s detailed guide to the wealth of information available free on the MarketWatch quote page.

    The forward P/E ratio for the S&P 500 declined to 16.9 as of the close on Oct. 14 from 24.5 at the end of 2021, while the forward P/E for SOXX declined to 13.2 from 27.1.

    Don’t miss: This is how high interest rates might rise, and what could scare the Federal Reserve into a policy pivot

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  • Amazon’s second ‘Prime Day’ of 2022: When it starts, the best deals and more

    Amazon’s second ‘Prime Day’ of 2022: When it starts, the best deals and more

    Amazon Prime Day is coming back. Well, kind of.

    Amazon
    AMZN,
    -0.76%

    is debuting a new holiday shopping event this week called “Amazon Prime Early Access Sale” where shoppers can get exclusive access to hundreds of thousands of deals ahead of the holidays.

    The new sale is essentially another Amazon Prime Day event, where subscribers can get certain deals for a 48-hour period, just with a different name.

    As millions of shoppers are impacted by record-high inflation in the U.S., some data still suggest, consumers are still set to spend more than last year this holiday season.

    According to data insights from Adobe Inc.
    ADBE,
    -1.00%
    ,
    online-only holiday spending (Nov. 1 to Dec. 31) is expected to grow 2.5% in 2022, representing the smallest increase since Adobe began tracking this data in 2015. In 2021, holiday spending was 8.6% higher than the year prior, despite, at the time, the rate of U.S. inflation at a 30-year high.

    Here’s what you need to know about Amazon’s Early Access Sale:

    When is Amazon Prime’s Early Access Sale?

    Amazon’s savings event is two days long, running from Tuesday, Oct. 11 through Wednesday, Oct. 12. 

    What time does Amazon Prime’s Early Access Sale start?

    The Early Access Sale begins at midnight PT (3 a.m. ET) on Tuesday, Oct. 11, and runs for 48 hours, through the end of the day on Wednesday, Oct. 12.

    Which countries participate in Amazon Prime’s Early Access Sale?

    Fifteen countries in total are participating in the deals. Those countries include: Austria, Canada, China, France, Germany, Italy, Luxembourg, the Netherlands, Poland, Portugal, Spain, Sweden, Turkey, the U.K., and the U.S., according to Amazon.

    How does Amazon Prime’s Early Access Sale work?

    Items for sale can be viewed on Amazon.com or on Amazon’s app. Anybody can locate which items are listed on sale through Amazon’s platform, but the deals are only available to Prime subscribers, similar to how Amazon’s flagship annual savings event Prime Day is structured.

    Is Amazon Prime’s Early Access Sale only for Prime members?

    Yes. Only Prime members can participate in the deals. Non-Prime members can make purchases on Amazon, but won’t get the type of savings that members get — non members also don’t get access to typically cheaper, and sometimes free shipping costs.

    See also: ‘We are surprised and bewildered’: My brother passed away and left his house, cash and possessions to charity. Can his siblings contest his will?

    Additionally, people who sign up for a 30-day free trial of Amazon Prime can participate in the Early Access Sale.

    How much does Amazon Prime cost?

    An Amazon Prime subscription is $14.99 a month, or $139 for a full year. The subscription includes access to free delivery on millions of items, Prime Video, Prime Gaming, Amazon Music, and Amazon Photos, and broadcasts of “Thursday Night Football.”

    Earlier in 2022, Amazon increased its Prime subscription price from $119 to $139.

    Amazon increased its Prime subscription price from $119 to $139 in 2022.

    What are the best Amazon Prime Early Access deals this year?

    According to a statement from Amazon prior to the event beginning, some of the top deals will be on items including Fire TVs, Alexa enabled devices, and products from LEGO, Adidas
    ADS,
    -1.14%

    and Ashley Furniture.

    There will also be a Top 100 list that features the best deals on the e-commerce platform. The list will highlight the most popular products being purchased, Amazon says, and will launch in unison with the event’s start on Tuesday.

    Are retailers like Target and Walmart starting holiday deals too?

    Target Inc.
    TGT,
    +0.51%

    announced customers will enjoy “earlier than ever” holiday shopping deals this year, including seven weeks of Black Friday deals, marking another instance when retailers are ditching the traditional shopping calendar of the holidays.

    See also: Sorry folks, Black Friday has already started. But don’t worry if you miss the early sales.

    Last month, Walmart
    WMT,
    +0.58%

    announced a “holiday guarantee” that extends the return window for purchased items, beginning Oct. 1, and running through Jan. 31.

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  • HelloFresh Announces Collaboration To Discreetly Deliver McDonald’s In Its Packaging

    HelloFresh Announces Collaboration To Discreetly Deliver McDonald’s In Its Packaging

    NEW YORK—In a groundbreaking deal expected to revolutionize the way upper-middle-class Americans consume fast food, meal-kit company HelloFresh announced a new collaboration Friday that would allow it to discreetly deliver McDonald’s in its own HelloFresh packaging. “We know how much our customers value the appearance of living a healthy lifestyle, so we’re thrilled to provide them with the opportunity to confidentially receive a Big Mac, large fries, and their favorite soft drink inside one of our standard HelloFresh boxes,” said spokesperson Kennedy Seaton, explaining that all fast-food items would be concealed within styrofoam and buried in ice packs, just in case a neighbor was around when a customer opened the box. “This new partnership means we can disguise your McDonald’s order with one of our regular HelloFresh recipes, so that as far as anyone can tell, you’ll be preparing grilled chicken with fresh asparagus instead of eating a McChicken sandwich from a sack. What better way is there to be perceived as a responsible, health-conscious person?” At press time, reports confirmed the neighbors of people who ordered McDonald’s through HelloFresh could smell the just-delivered Quarter Pounder with Cheese from clear across the street.

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  • Retail Robotics Announces Rapid Expansion with New Robotic Delivery Solutions

    Retail Robotics Announces Rapid Expansion with New Robotic Delivery Solutions

    As customers move to online shopping, one thing is clear: Retail Robotics is the next technology company to watch in 2022.

    Press Release


    Apr 5, 2022

    Retail Robotics, one of the top-rated companies in innovative tech solutions for retailers and logistic services providers, shares new insights on robotic innovations, which can solve problems of so-called “last-mile” and revolutionize global delivery infrastructure for e-commerce and e-grocery. It addresses big challenges the market is currently facing. 

    The market is booming and the forecasts show the growth to $7.385 trillion of global e-commerce sales by 2025. While demand for online deals could grow without limits, the current infrastructure cannot handle the increased volumes. Everything indicates that robotic pick-up points will become one of the key answers to the expectations of online retailers and consumers.  

    “Classic solutions have low capacity and occupy large space. Whereas home delivery causes higher traffic in cities and generates air pollution. With today’s rapid growth of online shopping, many retailers still lack the efficient delivery options in terms of costs, footprint, capacity, and consumer experience,” explained CEO and Founder at Retail Robotics, Łukasz Nowiński. With the multichannel technology from Retail Robotics, retailers can reduce costs and boost their sales, ultimately contributing to the sustainable development of cities. “Today’s consumers have high expectations for more convenient options allowing them to collect their orders 24/7, safe, fast, easy and for free,” Nowiński added. 

    For e-grocery retailers, the company provides Arctan technology, the most efficient click-and-collect robotic solution that increases profitability and customer experience, and at the same time offers the lowest footprint. In fact, one Arctan (capacity 202 logistic bins and 28 freezer lockers) replaces 14 classic refrigerated lockers. Arctan Drive version for e-grocery curbside pickup has a high capacity of 896 logistic bins or more (capacity of 56 classic lockers), can fit eight standard parking spots and serve seven customers at a time. It can be integrated with Micro Fulfillment Center for remote loading, enabling a very efficient process.

    In the parcel delivery market, Retail Robotics enables logistics providers to reduce costs by up to 90% with its other flagship innovation PickupHero, a robotic parcel locker. It fits 90% of local stores and gives a top customer experience without the involvement of a salesperson. The additional advantage for local shops is a 70% pick-up to purchase ratio.

    PickupHero allows rapid expansion in agglomerations such as NY, Paris or London  – just by allowing the use of large local store networks like 7-Eleven, without interfering with the city’s architecture. After the successful debut at NRF 2022 Innovation Lab, the company announced plans to implement them on several European markets in 2022.

    This kind of transition from home delivery to robotic solutions remains crucial to continued success in the retail landscape ahead. “Retail Robotics carved its path by staying ahead of the competition. I am proud to begin talks with the world’s biggest players to change traditional logistics to robotized parcel lockers, automated machines for e-grocery and click-and-collect pickup points, that will drastically reduce the number of home deliveries, congestion and pollution in cities and increase the efficiency of retail. We all need to be on board to make a significant impact,” announced Łukasz Nowiński. 

    About Retail Robotics 

    Retail Robotics is a leading company that creates robotic solutions for retailers and providers of logistic services. Its convenient delivery and collection technologies unleash the full potential of retail, reduce the costs and remove the bottleneck of last-mile delivery.

    For more information visit: www.rrobotics.co or www.linkedin.com/company/retail-robotics/.

    Media Inquiries: 

    Anna Dostatnia: anna.dostatnia@rrobotics.co  

    Aleksandra Wach: aleksandra.wach@rrobotics.co

    Source: Retail Robotics

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  • Deliveright Announces Partnership With BigCommerce to Simplify Heavy Goods Deliveries

    Deliveright Announces Partnership With BigCommerce to Simplify Heavy Goods Deliveries

    AI-powered delivery platform solves final-mile, heavy goods delivery challenges for BigCommerce merchants

    Press Release


    Mar 10, 2022

    Deliveright, a leading final-mile digital delivery platform offering white-glove service, today announced a new partnership with BigCommerce (Nasdaq: BIGC), a leading Open SaaS e-commerce platform for fast-growing and established brands. Deliveright’s AI-powered platform simplifies the complex process of shipping heavy goods such as furniture by automating the entire process.

    BigCommerce merchants can now take control over all stages of fulfillment, from the point of origin to the customer’s home, with real-time data. The app integrates directly with Deliveright’s Grasshopper platform, provides instant shipping quotes, and offers service levels ranging from curbside to full white-glove delivery. 

    “The importance of a seamless delivery process cannot be overstated, as it plays a critical role in a brand’s overall service quality. More than ever, consumers want to receive their online purchases quickly, regardless of pervasive supply chain issues,” said Doug Ladden, CEO of Deliveright. “BigCommerce merchants have the opportunity to potentially mitigate delivery delays and improve customer experience with complete visibility and a focus on solving the ever-elusive final-mile challenge.”

    Last-mile delivery market share in North America persists as the most challenging process within the supply chain and is expected to increase by $59.81 billion by 2025. Deliveright’s technology empowers BigCommerce merchants to solve final-mile, heavy goods delivery challenges in a fragmented market.

    “Our partnership with Deliveright further illustrates our commitment to providing merchants access to the highest-caliber technologies and service providers available in the industry,” said Russell Klein, chief commercial officer for BigCommerce. “Deliveright shares our desire to help merchants sell more and grow faster to maximize success, and we look forward to working together to mutually support customers.”

    To learn more about Deliveright’s BigCommerce partnership or to download the app, visit https://www.bigcommerce.com/apps/deliveright/.

    About Deliveright

    Deliveright is the first AI-powered logistics and delivery technology company to solve final-mile, heavy goods delivery challenges for e-commerce, retailers, and manufacturers needing white-glove service. Launched in 2018 to streamline the supply chain for heavy goods, Deliveright’s technology, combined with its vast delivery network, makes white-glove delivery seamless, transparent, and accessible for businesses of all sizes, enabling improved customer experience and increased revenue. Deliveright’s proprietary logistics technology platform, Grasshopper®, manages all stages of fulfillment, enabling complete supply chain visibility to the customer’s home. Serving more than 1,000 customers in e-commerce and manufacturing across the furniture, industrial equipment, and transportation industries, Grasshopper is also licensed nationwide by delivery and freight companies, ensuring that every delivery is tracked across a complex transportation network and customer service platform. The company is headquartered in North Carolina and operates nationwide and in Canada. For more information, visit https://www.deliveright.com/.

    About BigCommerce

    BigCommerce (Nasdaq: BIGC) is a leading software-as-a-service (SaaS) e-commerce platform that empowers merchants of all sizes to build, innovate and grow their businesses online. As a leading open SaaS solution, BigCommerce provides merchants sophisticated enterprise-grade functionality, customization and performance with simplicity and ease-of-use. Tens of thousands of B2B and B2C companies across 150 countries and numerous industries use BigCommerce to create beautiful, engaging online stores, including Ben & Jerry’s, Molton Brown, S.C. Johnson, Skullcandy, Sony and Vodafone. Headquartered in Austin, BigCommerce has offices in London, Kyiv, San Francisco, and Sydney. For more information, please visit www.bigcommerce.com or follow us on Twitter, LinkedIn, Instagram and Facebook.

    BigCommerce® is a registered trademark of BigCommerce Pty. Ltd. Third-party trademarks and service marks are the property of their respective owners.

     

    Press Contact

    Jill Rosenthal for Deliveright

    Deliveright@qh-pr.com

    Source: Deliveright

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  • Giftapart Inc. Offers Giveaways Valued at $1,000 and $100 to 11 Lucky Winners Who Follow Its Social Media Platforms

    Giftapart Inc. Offers Giveaways Valued at $1,000 and $100 to 11 Lucky Winners Who Follow Its Social Media Platforms

    Giftapart launching in summer 2018 promises to ‘change the world’ with revolutionary e-commerce

    ​Pedroso Ventures Inc., the tech startup in Somerville, New Jersey, that had its ribbon-cutting in September 2017 has changed its corporate name to Giftapart Inc., and now announces a giveaway for 11 people to win up to $1,000 shopping credits.

    Developing an internet e-commerce software platform that its CEO and founder Filipe Pedroso says will “change the world,” the project has been under heavy secrecy since its commencement. Pedroso says the public launch date is anticipated for late summer 2018 using the company’s current name and brand of Giftapart.

    We’re excited to announce a giveaway to one lucky winner of $1,000 shopping credit and 10 others who will receive $100 credit to Giftapart on launch date, just for following us on Facebook, Instagram or Twitter.

    Filipe Pedroso, Esq., CEO

    To celebrate the birth of its business name, Giftapart has launched a website and several social media sites. “We’re excited to announce a giveaway to one lucky winner of $1,000 shopping credit and 10 others who will receive $100 credit to Giftapart on launch date, just for following us on Facebook, Instagram or Twitter.”

    Giftapart can be found on Facebook, Instagram, Twitter and other social media services under its business name. “People can easily find us on any of these social media platforms by searching Giftapart. We’re the only company named Giftapart. Our name is as unique as the innovative and revolutionary e-commerce methods we’re creating and launching this summer.”

    The company has been developing a completely new internet shopping experience. “We have filed provisional patents incorporating about a dozen revolutionary new ways of engaging in e-commerce. We believe that some of our methods will change the world’s culture forever, and how everyone does a certain type of shopping.”

    Pedroso states that Giftapart will provide customers will all types of products. “We intend on providing most items, if not all, consumers want and need as soon as possible,” said Pedroso. “The company is in process of establishing business relationships with top retailers that sell and ship goods within the United States. We will only sell products that are sold by established, ethical retailers. Consumers can be assured that they will only get authentic products from the brands they trust and the stores they know.

    “The retailers that have had the opportunity to see what we’re doing are very excited and really love the unique retailer toolbox we provide them,” commented Pedroso. “The way that retailers can connect with their loyal customers is uniquely special and efficient at Giftapart. Retailers are loving that. And interested, loyal consumers will equally appreciate that level of connection with their favorite retailers.

    “We wanted to reward our initial Giftapart fans so we created this giveaway,” said Pedroso. According to the giveaway rules, anyone can participate by following Giftapart on its social media sites and being in current follower status on the launch date. “We’ll select the 11 winners on launch day and reach out to them the same day. We want them to start using and shopping on Giftapart right away!”

    Although the rules of the giveaway limit entry to adults, Pedroso says they’ll do whatever they can to accommodate everyone. “We understand that some minors may not know or read the rules fully, therefore still follow our pages with the impression that they’ve qualified. If possible, we’ll make an effort to get their parental consent to still award them their giveaway. Our company’s philosophy is to always do the right thing, even if it means taking the extra mile. We’ll always take care of our customers first.”

    In fact, since almost the start of the project, Pedroso has had the words “CUSTOMER #1” on the whiteboard in the company’s conference room. Kevyn Jaremko, director of front-end software development, has been with the company since its first line of code and said, “I guess as developers we were thinking about ways to make the platform more profitable, but Filipe [Pedroso] would remind us and always say, ‘We’re focused on creating an awesome platform for the customers’ use and satisfaction.’ He would always say ‘the customer is number one,’ so after saying it a couple times, he wrote it in all caps on the whiteboard. It’s still there, he never erased it.”

    “Oh yeah, Filipe [Pedroso] is obsessed with the customer,” added Deepak Kumar, also with the company since the onset and leads the back-end software development. Kumar further stated, “There’s no doubt that Filipe [Pedroso] has kept his focus. He has demanded that we leave no detail undone. Every detail of the project is revolved around what the customer will enjoy, need and want. But you know what, I guess that’s what it takes. We’re all so excited to get the platform in people’s hands so they can start enjoying all the great features. This project was not built for ease of development. It was built for ease of use.”

    Priya Balakrishnan, front-end coder at the company, said, “The goal is to give the users a fun and exciting shopping experience and to that effect, we are working towards a design that is aesthetically pleasing while being simple and seamless to use. We want to bring the fun of retail shopping to the online experience.”

    Giftapart is developing its platform to be released in desktop and mobile form. “Creating a truly all-encompassing platform has been the goal, and that, of course, would include allowing people to use it in all form factors. So whether you want to use Giftapart on your desktop, notebook, tablet, Android or iPhone, we got you covered. You’re going to love shopping and doing so much more on Giftapart,” said Pedroso.

    Heading the mobile development team is Robert Dudas Jr. and he says, “We have been able to pack a tremendous amount of functionality into a simple-to-use user interface on the mobile phone. Filipe [Pedroso] has insisted that the user experience be similar across all platforms, and we have been able to maintain enough uniformity that once you know how to use the desktop version, going to the mobile app will be a breeze and vice versa. I’m very pleased with the successes we’ve had.”

    For reference, mentioned in the press release:

    Company webpage: http://giftapart.com

    Giveaway rules: http://giftapart.com/giveaway

    Company social media platforms:

        https://facebook.com/giftapart

        https://instagram.com/giftapart

        https://twitter.com/giftapart

        https://linkedin.com/company/giftapart

    For additional information contact:

    Liana V. Pedroso
    ​Chief Administrative Officer
    ​Director, Corporate Communications & Public Relations
    ​Giftapart Inc.
    892 US 22, 2nd Floor​
    ​Somerville, NJ 08876
    (551) 202-8008 Ext. 4077
    ​lvp@giftapart.com

    Source: Giftapart Inc.

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  • Celebrities Support Ethical Brand Hornï Underwear for London Launch Party at Mayfair’s Cuckoo Club on Thursday 8th February 2018

    Celebrities Support Ethical Brand Hornï Underwear for London Launch Party at Mayfair’s Cuckoo Club on Thursday 8th February 2018

    Press Release



    updated: Jan 25, 2018

    Celebrities are lining up to support global rhino conservation at the London launch party of ethically-made, premium designer underwear brand, hornï underwear, at the magnificent Cuckoo Club in London’s Mayfair.

    The exclusive, invitation-only party starts at 20:45, on Thursday 8th February and marks the arrival of hornï, as a new, socially-conscious clothing brand that encourages consumers to think seriously about the impact of their purchasing power.

    Confirmed stars attending include:

    • Georgia “Toff” Toffolo – I’m a Celeb 2017 Winner & Media personality
    • Simon Webbe – Singer, songwriter and star of British boyband, Blue
    • Oliver ProudlockMade in Chelsea star & fashion entrepreneur
    • Fabrizio Santino – Actor, producer, & star of popular Hollyoaks TV soap
    • Goldierocks – International celebrity DJ and presenter, who will rock The Cuckoo Club from 21:00 till 23:00

    The cheekily-named brand – hornï basically being an anagram of rhino – is raising awareness of its mission to protect the seriously-endangered species.

    hornï underwear has pledged at least 10% of pre-tax profits to global rhino conservation and has partnered with respected international organisations including:

    Save the Rhino International (UK-registered charity 1035072):
    www.savetherhino.org
    and
    Wild Tomorrow Fund (US-based charity with the wonderfully cheeky acronym, WTF!):
    www.wildtomorrowfund.com

    The cheekily-named brand – hornï basically being an anagram of rhino – is raising awareness of its mission to protect the seriously-endangered species.

    The Cuckoo Club, renowned for its celebrity clientele, is at Swallow Street in the heart of Mayfair.

    For more information please contact:
    Reema Bawa:
    E-m: reema@horniunderwear.com

    Source: hornï underwear

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  • Everus Goes Consumer-Centric With Debit Cards and Hardware Wallets

    Everus Goes Consumer-Centric With Debit Cards and Hardware Wallets

    Everus steps up security and usability.

    Press Release



    updated: Dec 27, 2017

    Everus Technologies Sdn Bhd, a fintech company based in Kuala Lumpur, Malaysia, recently released the pre-ordering of two new products in their ecosystem Everus World – the Everus Hardware Wallet and the EVR Rewards Debit Card.

    “The increasing number of security breaches in the crypto world recently shows that there are some questionable issues regarding the security of crypto wallets. Are they really safe? We at Everus are confident in our wallet security but we need to be a step ahead to protect our users against hackers out there,” said Everus CEO and Founder, Srinivas Oddati.

    The increasing number of security breaches in the crypto world recently shows that there are some questionable issues regarding the security of crypto wallets. Are they really safe? We at Everus are confident in our wallet security but we need to be a step ahead to protect our users against hackers out there.

    Srinivas Oddati, Everus CEO and Founder

    Although the Everus wallet is currently safe and up to military grade standard of security, the need for additional security is essential in order to be on top of the game.

    “The Everus hardware wallet is a secure EVR storage and transaction signing tool. With the private keys generated by the device itself, keys never leave the hardware wallet and therefore cannot be accessed by malware,” he said.

    Everus is also introducing the EVR Rewards Debit Card, the best option for the usability and spendability of EVRs. With the introduction of this debit card, Everus is strengthening their position as a usable cryptocurrency where EVRs holders can use it like a normal debit card, except it pulls from a cryptocurrency wallet instead of a bank account.

    “They can shop and pay for anything as a normal debit card does. Soon, this exact debit card will also be usable in our ATMs (ALTARS) for EVR holders to withdraw fiat currency,” said Oddati.

    Talking about future expansion plans, Oddati is confident that the demand of EVRs will increase steadily as time goes by. “We aim to make cryptocurrency consumer-centric, not just for trading but to be used as money,” he added, referring to the Everus ecosystem of usable and spendable cryptocurrency which has been the Everus vision since its birth. He also commented although Everus has faced “challenges of epic proportions” over the past six months, it is navigating the tides quite well and is steady on course towards the vision of Everus World.

    The EVR Rewards Debit Card and the Everus Hardware Wallet can be pre-ordered starting from 26th December 2017 by simply signing in to their account at www.everus.org.

    About Everus

    Everus Technologies is a private blockchain solution provider in the fintech industry. The company, established by Founder & CEO, Srinivas Oddati has been actively providing services in Kuala Lumpur, Malaysia.

    For more info visit: www.everus.org & www.everusmall.com

    Follow us on social media:

    Facebook: https://www.facebook.com/everusworld

    Twitter: https://twitter.com/everusworld

    Instagram: https://www.instagram.com/everusworld

    Source: Everus Technologies

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  • The First Ethical Marketplace From Eastern Europe Launches to the Global Market

    The First Ethical Marketplace From Eastern Europe Launches to the Global Market

    Press Release



    updated: Sep 26, 2017

    The first ethical marketplace from Eastern Europe Three Snails.com announces the launch to the global market. Being started in Ukraine in 2015, Three Snails offers handicrafts made from natural materials and allows conscious shoppers to buy trendy items created by local artisans while making a positive impact.

    Three Snails team believes that the success story of such marketplace and knowledge about local artisans can create the development direction for CIS countries and to enable large sections of society to escape from the difficult economic situation.

    Artisans and their craft have the potential to become the ‘super story’ of Ukraine.

    Olena Vechkanova, Three Snails founder

    The idea to create Three Snails came up as a response to the global demand for uniqueness and diversity, as well as a growing trend for ethical shopping. More and more people value emotions, energy, legend and symbols incorporated in goods. They want to know who made these products and how production affected the environment. The founders state that craftsmen and small responsible manufacturers can totally meet these demands.

    “Artisans and their craft have the potential to become the ‘super story” of Ukraine,” tells the founder, Olena Vechkanova. Because we have everything that people value and want in today’s world: eco-friendly techniques, natural materials, craft traditions, legends, culture, and people who love what they do.”

    In the world people know a lot about artisans and culture of Asian, African and Latin America countries, but not much about Ukraine or other CIS countries. Meanwhile, Ukraine is the second largest country in Europe with very strong craft traditions which are kept for centuries. Here many people historically made a living from crafting goods and passed their knowledge from generation to generation. Nowadays nearly 17 percent of the population practices traditional crafts as means to an income and each fourth woman masters at least one handicraft technique.

    However, giving the political and economic situation in the country, the average salary has dropped down dramatically (for rurals it is as little as $50-150 per month) and it became quite hard to sell handmade on the local market. Many craftsmen faced the economic crisis, became disappointed and waived their art in favor of any lucrative career. Very often, in order to sustain their families, artisans were forced to move to the bigger cities or abroad and look for a low qualified job. Their houses and even villages remain empty and with that, the nation automatically loses its craft traditions and culture.

    Three Snails aims to change the situation. Its mission isn’t merely to provide a platform but to empower local artisans and promote Ukrainian culture. The team of Three Snails seeks to give artisans A CHANCE TO stay in Ukraine, to live in their families, to do what they love and to follow national identity.  

    TS doesn’t work as a classical marketplace. The team works directly with rural communities and artisans in order to include also those who don’t use internet (for now only 53 percent of the population in small villages and mountain areas are connected to the internet). People from such regions don’t have PayPal accounts, good photos or product description and very often — no believes that what they do might be in demand abroad. TS fills this gap providing all educational, marketing and service support necessary to succeed in today’s world.

    Once limited to village markets or tourist shops, Ukrainian handmade now can easily be accessed by anyone, anywhere. TS not only connects artisans with consumers but also bridges modern trends with old traditions and symbols, contemporary needs with historical eco-friendly craft-making techniques.

    In the era of globalization, the internet provides opportunity to discover huge territories of CIS countries that, surprisingly, are still isolated from the global community. At this point handmade serves as the link between two worlds and reveal a huge reserve of senses, warmth and unique knowledge which are kept inside Eastern European countries.

    Additional materials:

    More information about Three Snails

    Three Snails photos and video

    Three Snails on Kickstarter

    For more information, please contact:

    Olena Vechkanova​
    +38 067 232 93 10​
    ​lv@three-snails.com

    Source: Three Snails

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  • Introducing Framafoto, the Intuitive Mobile App for Creative Custom Framing

    Introducing Framafoto, the Intuitive Mobile App for Creative Custom Framing

    Framafoto is the creative way to custom frame photos and printable art, on-the-go.

    Press Release



    updated: Aug 10, 2017

    Now available in the U.S. App Store, Framafoto is the first custom framing app to offer consumers, as well as photographers and digital artists, a truly creative experience for custom framing photos or printable art, at any moment when inspiration strikes.

    The app innovates the custom framing process, doing away with the time-consuming hassle of separate printing and the self-mounting required with ready-made frames. It brings convenience, creativity, and affordability to high-quality custom framing through a complete print, frame, and delivery service.

    We’re truly excited to help people hang more happiness in their homes, by bringing mobile innovation to the framing industry.

    Howard Hunt, Co-founder

    The intuitive UX is the first of its kind to solve the inflexible step-by-step process. Instead, it allows users to move forwards as well as backwards while making their creative decisions, continuously showing a preview and without losing their previous selections from the wide range of choices including frame size, style, color, layout, mat color, and photo paper.

    The app also connects with various storage locations including Camera Roll, Dropbox, Flickr, Google Drive, Facebook, and Instagram. Users can upload images and preview them in their chosen frame, and save any shortlisted images into a Framafoto Album for quick access when deciding between their favorites. Additional features include edit functions such as image cropping, repositioning or replacement, and frame saving – allowing users to easily return and complete, or re-order, projects later.

    Framafoto wants to help consumers hang more happiness in their homes; therefore the app was designed with today’s busy, creative consumers and artists in mind, so they can finally frame those favorite moments or creations they have hidden away on phones, feeds, and clouds.

    Framafoto is a free iOS app, now available in the U.S. App Store. Android coming 2018.

    Please click here for more information, including a video demo and app screenshots.

    View the app in the US App Store

    Source: Framafoto

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  • Chicago Comb Company Receives 2 Design Patents for Metal Combs

    Chicago Comb Company Receives 2 Design Patents for Metal Combs

    The award-winning Chicago Comb Company has been granted one of the most distinguished awards for their products. They have been issued two design patents for their unique combs by the United States Patent Office.

    Press Release



    updated: May 9, 2017

    The award-winning Chicago Comb Company has been granted one of the most distinguished awards for their products. They have been issued two design patents for their unique combs by the United States Patent Office — one for each of their two flagship products, the design of their Number 1 and Number 2 combs.

    “We couldn’t be happier,” says co-founder John Litwinski. “We’ve spent many hours in crafting not only our unique designs, but we put a lot of attention on creating a high-quality product. We live in a time when it is very easy to copy products. Now that we have these patents, the worry of competitors copying us with inferior products has been taken out of the equation.”

    “We’ve spent many hours in crafting not only our unique designs, but we put a lot of attention on creating a high-quality product. We live in a time when it is very easy to copy products. Now that we have these patents, the worry of competitors copying us with inferior products has been taken out of the equation.”

    John Litwinski, co-founder

    The Chicago Comb Company was founded by two childhood friends, John and Tedd, in 2010. Since starting their business, they have seen a steady growth in sales year after year, and the combs are now featured in retailers in 23 countries across the world. Their passion for quality and their keen sense of detail has brought to life a unique everyday item that will stand the test of time.

    The patented No. 1 and No. 2 combs were the first combs ever to be laser cut out of steel in the US. The combs are then hand finished in their workshop in Chicago. All the steel that makes up the combs is sourced in the US as well as their packaging. 

    “One of our core values is local production. From the laser cutting of the combs to the machine and hand finishing, all are done right here in Chicago. Not a lot of companies can say that — it’s something we are very proud of,” says co-founder Tedd Strom.

    The Chicago Comb Company has expanded over the years, and now offers five different design models of combs, each with a matte, mirror or black finish. In addition, they offer their patented designs in pure American Titanium – the only comb in the world to do so.  Each of their designs is accompanied by a leather sheath using top-quality leather from Chicago’s world-famous Horween tannery.

    They offer custom engraving on their website (www.chicagocomb.com), perfect for any special occasion or event, as well as limited supply of combs featuring the designs of acclaimed artists engraved on the combs.

    Source: Chicago Comb Company

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  • POW Promotions: The Go-to Platform for All Outdoors Activities

    POW Promotions: The Go-to Platform for All Outdoors Activities

    POW Promotions, a new, full-service outdoors, camping, and travel excursion site created to provide individuals with a consolidated and affordable outdoors online shopping location, this week officially opened its virtual doors to all enthusiastic outdoorsmen and campers intent on stocking up with high quality gear before spring arrives.

    Borne from a passion for making the great outdoors more accessible to everyday people, no matter their hiking experience, POW Promotions has everything both amateur and professional hikers need to have a good, as well as safe time.

    “Too many people shy away from experiencing the great outdoors because they are too intimidated by all of the equipment and expensive costs. This site is designed to show everyone it’s possible to enjoy nature with the proper gear that didn’t break the bank when purchased.”

    Paul O. Whitaker, Founder and Owner of POW Promotions

    “Too many people shy away from experiencing the great outdoors because they are too intimidated by all of the equipment and expensive costs,” said Paul O. Whitaker, Founder and Owner of POW Promotions. “This site is designed to show everyone it’s possible to enjoy nature with the proper gear that didn’t break the bank when purchased.”

    On POW Promotions, shoppers will find categories for camping, backpacking, hiking, fishing, hunting, running and more. The site updates every day to bring visitors the best product deals and discounts available today, removing the hassle of searching the Internet far and wide to find the perfect product.

    “This is a place that will have something for everyone, no matter their outdoors intentions,” said Whitaker. “We want to stress that we are a go-to platform for any kind of outdoorsmen, even people who have never camped in their entire lives. It’s important to have the right equipment so it is done safely. Spread the word on the availability of our site, and head on over today to start perusing our expansive selection.”

    Visitors will find tents, sleeping bags, hiking shoes, backpacks, thermal clothing, campfire equipment, cooking utensils, and more.

    For more information, visit: http://powpromos.pw/.

    Source: POW Global Enterprises, INC

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  • Sweet Peony Studio Is Primed to Sell Out of Their Newest Pregnancy Reveal Collection.

    Sweet Peony Studio Is Primed to Sell Out of Their Newest Pregnancy Reveal Collection.


































    Customers are lining up to be added to the wait list for the release of Sweet Peony Studio’s Mini Macaron Collection. Just as scrumptious as it sounds, this sweet collection will showcase the most precious crocheted baby booties, perfect for celebrating the announcement you’ve been dreaming to make… You’re Expecting!

    Press Release


    Jun 21, 2016

    The new collection, launching July 1st 2016, captures the trendiness of your own adult footwear fashion but in a baby shoe.  Styles including a slouchy boot, boat shoe and petite peep toe pump are just a few of the adorable fashions that will be included in this new collection.  While celebrating announcements for all the events in your life are growing ever more popular on social media- these booties step in as the perfect solution to surprise your recipient with the personal message of your growing family in a treasured keepsake way.  With colors resembling the deliciously popular and trendy desserts, macarons, these baby accessories will not only remind you of a newborns innocence but also their sweet delicate nature.

    Amy Kunz, owner and designer of Sweet Peony Studio (as well as parent company Artizenbox), has been crocheting one of a kind creations for her customers all over the globe.  Here’s what one customer had to say about her work, “I myself have been crocheting for years yet I am overly impressed with the quality and detail of Amy’s work!  Definitely a recommended artist!”   To be included in the VIP club that sees sneak peeks and gets first dibs on all of the new items, click here http://bit.ly/sweetpeonystudio.

    Source: Artizenbox

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    Categories:
    Fashion and Apparel, Retail, Sewing and Knitting, Pregnancy

    Tags:
    art, artizenbox, Baby, baby booties, baby fashion, boutique, crafts, crochet, e-commerce, fashion, gender reveal, handcrafted, handmade, high heels, newborn, newborn photos, pregnancy, pregnancy reveal, props, rain boots, shoes, slouchy boots, sweet peony studio


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