B2C news and archive

Philipp Plein to exit wholesale and focus on end consumer

Philipp Plein, the Switzerland-based maximalist brand known for its more-is-more aesthetic, is to exit wholesale and focus on the end customer. The company recently closed a 3,000sqm space in Milan that served little more than the purpose of presenting its wholesale collections and cost the business two million euros in rent and maintenance per...

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E-commerce in Asia Pacific to double in next 5 years

Total online retail revenue will nearly double in the Asia Pacific region from 733 billion US dollars in 2015 to 1.4 trillion US dollars in 2020, given a compound annual growth rate of 14.3 percent over the next five years. This is what global research and advisory firm Forrester found out, looking at trends in China, Japan, South Korea, India...