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Amazon Q1 sales grow 43% to USD 51 billion, beating guidance

2018-04-27 08:22:00| Telecompaper Headlines

(Telecompaper) Amazon.com saw its net sales increase 43 percent year-on-year in the first quarter to USD 51.0 billion, beating its guidance. Operating profit jumped 92 percent to USD 1.9 billion, also better than expected, and net profit more than doubled, to USD 1.6 billion or USD 3.27 per share, from USD 724 million or USD 1.48 per share a year earlier. 

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Mass Cosmetics Sales on Amazon Jump 45% in 2017

2018-02-23 14:45:00| Happi Breaking News

Competition heats up in luxury, too.

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Amazon stealing US apparel sales from top retailers

2018-02-20 12:03:00| Daily apparel & textile news and comment - from just-style.com

Amazon is stealing apparel sales from the likes of Target, Macy's, JC Penney and Kohl's, a new survey has found, as the online retail behemoth ramps up its efforts to grow its share of the fashion market.

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Amazon 2017 sales up by nearly a third

2018-02-01 22:35:05| BBC News | Business | UK Edition

The online retail giant benefits from a strong holiday season and its Alexa digital assistant.

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Amazon shoe sales far outpacing US footwear revenues

2017-08-07 14:47:00| Daily apparel & textile news and comment - from just-style.com

Online retailing giant Amazon has posted an 18% jump in first and second quarter footwear sales, adding to retailers' concerns that the channel is emerging as a serious industry player.

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