Ampla, which lent money to smaller businesses that sold clothing, home furnishings and other items directly to consumers, is struggling financially and seeking a buyer.
Category: E-Commerce
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FTX Customers Poised to Recover All Funds Lost in Collapse
Bankruptcy lawyers for FTX said that customers of the cryptocurrency exchange were set to get all their money back, plus interest.
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Sam Ash Music Stores to Close After 100 Years In Business
The chain, which started with a single shop in Brooklyn in 1924, said it would close all 42 of its locations by the end of July, citing competition from online retailers.
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Stowaway Cat Gets 500 Miles from Home in Amazon Returns Box
Galena, a 6-year-old shorthair, was found in an Amazon warehouse a week after she climbed into a 3-by-3-foot cardboard box at her owner’s home.
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Has the Luxury E-Commerce Bubble Burst?
Some of the biggest names in fashion e-commerce, including Farfetch and MatchesFashion, have imploded. What does that mean for fashion brands, investors and customers?
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Has the Luxury E-Commerce Bubble Burst?
After implosions by Farfetch and MatchesFashion — and with other blowouts possible — the future for online fashion retailers looks uncertain.