Discover more from Weekly eCommerce and around reads from Magenable
Weekly eCommerce and around reads from Magenable - Issue #262
Sustainability in fashion, Klarna Australia horrendous finances, Magento critical patch and more in this issue.
How Brands Can Embrace the Sustainable Fashion Opportunity — www.bain.com Clothing production doubled between 2000 and 2015, while the life span of garments shrank. Some clothes are discarded after only 7 to 10 wears, according to the Ellen MacArthur Foundation. Unless the fashion industry makes a statement, the environmental impact of fashion is likely to increase.
200 brands under review for fake sustainability claims — www.ragtrader.com.au The ACCC has launched two internet sweeps to identify misleading environmental and sustainability marketing claims and fake or misleading online business reviews.
Will Netflix send customers streaming into Walmart’s stores? - RetailWire — retailwire.com Walmart plans to open Netflix Hub shops selling merchandise from the streaming platform’s films and television series in more than 2,400 U.S. stores as it seeks to build on an online-only deal introduced last October. What will Netflix Hub in-store shops do for Walmart?
'Horrendous': Klarna's Australian business is on its knees The heavily promoted Australian arm of global buy now pay later poster child Klarna is under extreme pressure and continues to trade only with explicit financial support from its Stockholm-based parent company.
Click and collect: What are the watchouts for retailers investing in omnichannel? — econsultancy.com What operational pitfalls can prevent retailers offering a good end-to-end customer experience with click and collect ?
Made.com furniture website on brink of collapse - BBC News — www.bbc.com The online retailer says talks with potential buyers had failed, pushing it towards administration.
Shopify has a growing problem with customer retention, Globe data study shows - The Globe and Mail — www.theglobeandmail.com The number of Shopify stores exploded during the pandemic as lockdowns drove many traditional small businesses to pivot to online sales. But new data show many of those stores did not last
Critical Magento vulnerability targeted in new surge of attacks — www.bleepingcomputer.com Researchers have observed a surge in hacking attempts targeting CVE-2022-24086, a critical Magento 2 vulnerability allowing unauthenticated attackers to execute code on unpatched sites.