Sustainable fast fashion and Facebook banking
The Scurri eCommerce weekly top 3
Each week we gather the top three ecommerce news items of the week. Here’s what stood out for us this week!
Boohoo has launched a dedicated recycled fashion range. Boohoo Founder says that they acknowledge Boohoo’s responsibility to be a sustainable business, they plan to continually add new collections in an effort to work towards offering the customer a range of sustainable fashion options. The products in the new range are produced in the UK to reduce air milage in production, and the pieces have used non-toxic basic dyes and ink. Asos have also launched a sustainable category in order to meet consumer demand. The new category features curated ethical products from brands including brands such as Monki, Tommy Hilfiger and Ellesse. Asos said it will add new products to the site on a daily basis. For the full article click here.
Online luxury fashion retailer Farfetch is joining the sustainability effort by launching of a new platform to resale luxury preloved handbags. Customers can sell their preowned items via Farfetch’s sister site secondlife.farfetch.com. ‘The pre-owned luxury market is growing rapidly, and is likely to double in size to reach $51bn over the next five years’ said Farfetch’s chief commercial officer Giorgio Belloli. For the full article click here.
Facebook has officially announced that it is to launch it’s own cryptocurrency next year which could transform global finance. Its ultimate goal is to provide financial services to the 1.7 billion people across the globe without access to bank accounts, allowing all its users the ability to send money around the world for free and with the same convenience as sending a photo or message. Money can be stored for free on one’s phone and also be transferred around the world for free. For the full article click here.
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Laura Roche Marketing Executive, Scurri
Laura Roche is a Marketing Executive at Scurri, managing social media and content marketing. Laura shares breaking news in the eCommerce space with our readers as well as sharing insights across the delivery and logistics landscape.