Amazon debuts private-label sportswear
It is selling at least two new product lines - Rebel Canyon and Peak Velocity - that appear to be internal brands
New York
AMAZON.COM Inc's expansion into private-label activewear is beginning to show up on its website, a move that will generate fresh competition for Nike Inc and Lululemon Athletica Inc.
Amazon is now selling at least two new product lines - Rebel Canyon and Peak Velocity - that appear to be internal brands, according to analysis by business-intelligence firm L2 Inc.
The e-commerce giant is adding the apparel as part of an effort to fill gaps in it…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Consumer & Healthcare
Cordlife requests trading halt after dropping 15.2% to all-time low, pending announcement
Gazelle Ventures makes cash offer for No Signboard shares at S$0.0021 apiece
Marina Bay Sands Q1 profit surges 51.5% to US$597 million on tourism boom
Swiss watch exports plunge as China and Hong Kong demand dries up
Cutting the cord?: Events leading up to Cordlife’s MOH suspension and arrests of its directors, ex-group CEO
Billionaires selling cheap stuff get richer from inflation pain