The Commercial Case for Cooling Bangladesh’s Garment Factories
Investments to reduce heat stress for garment factory workers can pay for themselves within four years, a new report from Cornell University's Global Labor Institute finds.
Ottawa, Canada
Technology
Shopify Posts Better-Than-Expected Q3 Results
Revenue nearly doubled to $767.4 million, while adjusted earnings were $1.13 per share, more than twice analysts’ estimates of 52 cents.
Shopify Posts Better-Than-Expected Q3 Results
Revenue nearly doubled to $767.4 million, while adjusted earnings were $1.13 per share, more than twice analysts’ estimates of 52 cents.
Technology
Shopify Forecasts Full-Year Revenue Above Estimates
For 2020, the e-commerce company predicts revenue in a range of $2.13 billion to $2.16 billion.
Shopify Forecasts Full-Year Revenue Above Estimates
For 2020, the e-commerce company predicts revenue in a range of $2.13 billion to $2.16 billion.
News & Analysis
Shopify Stocks Fall for 8th Consecutive Day
Ongoing investor rotation from growth to value doesn’t appear to be losing steam, meaning further declines could be in store for the e-commerce company.
Shopify Stocks Fall for 8th Consecutive Day
Ongoing investor rotation from growth to value doesn’t appear to be losing steam, meaning further declines could be in store for the e-commerce company.
News & Analysis
Shopify Boosts Outlook on Strong Sales Performance
The Canadian e-commerce company reported second-quarter sales that beat analyst estimates and gave a more optimistic full-year outlook. Revenue grew 48 percent to $362 million.
Shopify Boosts Outlook on Strong Sales Performance
The Canadian e-commerce company reported second-quarter sales that beat analyst estimates and gave a more optimistic full-year outlook. Revenue grew 48 percent to $362 million.
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News & Analysis
Shopify Nips at Amazon With Hassle-Free Shipping for Small Firms
When Shopify said last month that it was moving into the fulfilment business, shares spiked and analysts began talking about it as a potential competitor to Amazon.
Shopify Nips at Amazon With Hassle-Free Shipping for Small Firms
When Shopify said last month that it was moving into the fulfilment business, shares spiked and analysts began talking about it as a potential competitor to Amazon.
News & Analysis
Shopify Raises Full-Year Forecast on Strong Demand for E-Commerce Tools
The company has been investing heavily to increase its market share, resulting in a new line of point-of-sale hardware and use of Snapchat story ad space.
Shopify Raises Full-Year Forecast on Strong Demand for E-Commerce Tools
The company has been investing heavily to increase its market share, resulting in a new line of point-of-sale hardware and use of Snapchat story ad space.
News & Analysis
Shopify Reports Slower Growth in Vendor Sales, Shares Fall 7 Percent
The e-commerce company said gross merchandising volume rose just 54 percent compared with a 65 percent jump in the same period a year earlier.
Shopify Reports Slower Growth in Vendor Sales, Shares Fall 7 Percent
The e-commerce company said gross merchandising volume rose just 54 percent compared with a 65 percent jump in the same period a year earlier.
News & Analysis
Postal Strike Overshadows Black Friday in Canada
With Black Friday and the holiday season looming, questions about shipping delays could weaken confidence in e-commerce.
Postal Strike Overshadows Black Friday in Canada
With Black Friday and the holiday season looming, questions about shipping delays could weaken confidence in e-commerce.
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News & Analysis
Shopify Posts Bigger Quarterly Loss as Costs Soar
Total operating expenses rose 63.2 percent, as the company invests heavily in upgrading and introducing technologies to attract big and small merchants.
Shopify Posts Bigger Quarterly Loss as Costs Soar
Total operating expenses rose 63.2 percent, as the company invests heavily in upgrading and introducing technologies to attract big and small merchants.
News & Analysis
Shopify Merchants Will Soon Be Able to Sell Through EBay
The move adds another outlet for Shopify’s roughly 400,000 users, though the EBay integration will be available initially only for US customers selling in US dollars.
Shopify Merchants Will Soon Be Able to Sell Through EBay
The move adds another outlet for Shopify’s roughly 400,000 users, though the EBay integration will be available initially only for US customers selling in US dollars.
Technology
Shopify Launches New Wireless Card Reader
The rates charged will be about 2.4 percent per swipe, and the device will compete with the likes of Square Inc's card reader, which costs merchants at least 2.75 percent per swipe.
Shopify Launches New Wireless Card Reader
The rates charged will be about 2.4 percent per swipe, and the device will compete with the likes of Square Inc's card reader, which costs merchants at least 2.75 percent per swipe.
Financial Markets
Shopify Jumps After Raising Revenue Forecast, Beating Estimates
Shopify bumped up its annual revenue forecast for the second time this year, sending the shares up the most in almost six months.
Shopify Jumps After Raising Revenue Forecast, Beating Estimates
Shopify bumped up its annual revenue forecast for the second time this year, sending the shares up the most in almost six months.
The News in Brief
Botswana Seeks Bigger De Beers Stake
Diamonds have underpinned the African country's economy since their discovery there in 1967.
Converse CEO Pledges Review Over Ad Critics Say Evoked KKK
The head of Converse promised to review internal processes and told employees he will make any necessary changes in an internal memo seen by Bloomberg.
Model Presley Gerber, Cindy Crawford’s Son, Dies Aged 27
The model had spoken publicly about a years-long struggle with depression and addiction.
Asos Names Law Roach ‘Stylist in Residence’
Online fashion retailer Asos has brought on celebrity stylist Law Roach to bring his creative lens and styling approach to its campaigns and recently relaunched magazine.
Boohoo’s New Chairman Stirs Controversy as Broker Drops Coverage
The online clothing retailer, which rebranded as Debenhams Group last year, said Friday that Iain McDonald had taken over from Tim Morris with immediate effect in a move aimed at ‘rebuilding equity value.’
Luxury Perfume Line Roja London Acquired by Extravaganza Beauty
Master perfumer and founder Roja Dove will remain with the brand in a new consultancy role.
UK Retail Sales Bounce Back With 0.5% Gain in August
Warm weather and a brighter national mood helped lift spending on clothing and household goods despite rising energy bills.