Australia

Poshmark to exit Australia to focus on core markets

E-commerce Fashion marketplace Poshmark has announced the closure of its operations in Australia, India and the UK to focus on its North American business. The company said on its website that it plans to increase investment and “drive meaningful growth” in its core markets – the US and Canada. Buyers and sellers for Australia, India and the UK will no longer have access to the marketplace via the app or web starting November 2. The Posh Credit for these markets…

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UK pureplay fashion label Sosandar to launch in Australia

E-commerce Fashion retailer Sosandar has signed deals with The Iconic in Australia and The Bay in Canada to start its e-commerce operations in these countries as part of its overseas expansion. Retail Gazette reported that the British clothing brand is seeking to begin selling online in Australia and Canada in the fourth quarter of the current fiscal year ending March 31. It will also open its first physical store in the UK imminently. “We are extremely excited about the next…

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US cookware brand Our Place launches online in Australia

E-commerce US cookware brand Our Place is making its pureplay debut in the Australian market with a range of toxin-free and eco-conscious kitchenware. The brand’s core philosophy centres on the idea that home cooking can unite people and foster connections around the dining table. Founded by women and immigrants, the company says it greatly emphasises cultural diversity and inclusivity. For example, its Traditionware collection pays homage to global cooking traditions, including Diwali, Nowruz, Lunar New Year, Pride, Nochebuena, and more.…

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What Dropshipping In Australia ACTUALLY Costs

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Australia unveils draft law to regulate digital payment providers

E-commerce The Australian government said on Wednesday it planned to introduce laws that would empower the central bank to regulate digital wallet providers including Apple Pay and Alphabet’s Google Pay. Apple Pay, Google Pay and China’s WeChat Pay, which have grown rapidly in recent years, are not currently designated as payment systems, putting them outside Australia’s financial regulatory system. The proposed rules would enable the Reserve Bank of Australia (RBA) to monitor digital wallet payments in the same way as…

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Spotify Premium to include free access to audiobooks in Australia

E-commerce Spotify says users of its premium services in the UK and Australia would now have 15 hours of free access to audiobooks a month, with the feature expanding to the US later this year. The music streaming giant is looking to supplement its earnings with other revenue-generating formats such as podcasts and audiobooks. The launch of its audiobook service in the US last year challenged Amazon’s Audible. Spotify last year laid out plans to get 1 billion users by…

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Amazon Australia inaugurates new logistics site in Victoria

E-commerce Amazon Australia has inaugurated its new logistics site in West Geelong, Victoria to serve as a distribution point for customers in and around Geelong. The new site will enable fast delivery to customers in Geelong and support Amazon Prime which completes delivery in as fast as one day. It has the capacity to process up to 6,000 packages per day. “We’re thrilled to be contributing to the Geelong local economy through the creation of jobs and flexible earning opportunities…

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Virtusize launches new online fitting room concept in Australia

E-commerce Japanese fashion tech company Virtusize has expanded into Australia, launching its sizing technology tools to enhance online shopping. The company’s technology uses advanced image recognition and machine learning to analyse fashion products and provide accurate recommendations. “By integrating Virtusize into websites, fashion retailers can offer their customers a reliable way to determine the perfect size and fit for garments as well as bags and shoes,” the company said in a statement. Currently, the company has partnered with more than…

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Temu is the fastest-growing online retail brand in Australia

E-commerce Chinese fast fashion retailer Temu has become Australia’s fastest-growing marketplace, says market research company Ipsos. Temu, which launched in April, is now the eighth-largest online retail brand in terms of audience size and registered more than 9.2 million users in June. The research also observed that computer hardware, cinemas, games & toys, ticketing, and pets registered an increase in sales for the month of June while flower shopping, photos, and automotive sales fell. Likewise, online audience sizes for Flybuys…

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Mattel launches online in Australia, with Retail Prodigy Group

E-commerce Global toy company Mattel has partnered with Retail Prodigy Group (RPG) to launch an online store in time for the Barbie movie launch. Mattel’s portfolio includes Barbie, Hot Wheels, Thomas & Friends, Fisher-Price, American Girl, Uno, Masters of the Universe, Monster High and Mega. RPG is an Australian retail franchise partner for global brands and since 2011 has worked with Nike to expand its footprint across Australia and New Zealand. Paul Faulkner, MD of Mattel – Asia Pacific, said…

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