Amazon’s private label business is booming thanks to device sales, expanded fashion lines

Amazon has been doubling down on its private label business in recent months, though many of its own brands aren’t easily identifiable to consumers as they don’t indicate they’re Amazon-made products. But these private labels have been gaining steam, according to a new report out this week from 1010data. Several Amazon brands have been seeing tremendous growth, it found, including AmazonBasics, kids’ clothing brand Scout + Ro, Amazon Elements, and other Amazon-made devices like Echo, Kindle, and Fire TV. The report comes from analytics and insights firm 1010data, which regularly tracks…

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Will Flipkart’s gamble with new private label fashion succeed?

If electronics is the king of GMV, fashion is the king of margins in online commerce. Indian online market for fashion is estimated to be worth $12-14 billion by 2020 from the current $4 billion, according to a study by Boston Consulting Group (BCG) and Facebook. Home-grown e-commerce unicorn Flipkart, aware of this estimate, has, in the past three years, focussed on this category to ensure that it remains the market leader. In 2014, it acquired Myntra, and in 2016, Jabong. The alliance now claims to have 70 percent of…

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How A Betsy DeVos Department Of Education Could Lead To A Massive Transfer Of Public Funds Into The Private Sector

On Monday, January 30, 2017, hundreds of patient protectors braved the bitter New York City cold to stand firmly in defiance against the impending appointment of billionaire school-choice crusader Betsy DeVos, 58, for Secretary of Education. The brazen assembly, short on time yet not lacking hope, was among one of many gatherings crisscrossing the nation. Since DeVos’s name first surfaced as President Trump’s nominee for Secretary of Education, a stubborn, nation-wide procession of feet has emerged in stride to protest what many fear is the beginning of the end of…

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