The Order : Weekly Aggregator Roundup - Una Brands & Everstores

Chart of the week:

In "Resetting the e-commerce model to achieve profitable growth in Europe" McKinsey looks at eCommerce penetration in Europe, analyses sector performance and profitability. Worth a read for a deep dive on retail metrics.

Average eCom growth & penetration [McKinsey]

Average percentage of costs over total gross sales [McKinsey]

eCommerce sales margins [McKinsey]

Up your Amazon game with a DTC presence

Seamlessly launch and operate on Amazon and Shopify. Learn more here & 👉 sign up for the waitlist.

New funding this week: $48M

Funding Craze 💰

• APAC: Una Brands announced its $30M Series B led by White Star Capital and Alpha JWC Ventures. The APAC focused aggregator has acquired 20 brands and grown to annualized revenue of $50M+ [Techcrunch]

• EU: Everstores announced $18M in funding ($8M equity, $10M debt) to acquire and consolidate Shopify DTC businesses [Techcrunch]

Movers & Shakers 🤝

• US: Foundry acquires shaving brand Supply. Launching on Amazon is next. [Beauty Independent]

• US: Pattern Brands acquires towel brand Onsen. [Modern Retail]

Strategy 📈

• Amazon 48-hr Prime Day Event Oct 11-12: Prime Early Access Sale [Amazon]

• "Amazon Briefing: At Accelerate conference, Amazon unveils new tools to help sellers grow" [Modern Retail]

• Amazon launches QVC-style livestream shopping in India [Techcrunch]

• Amazon’s Cross-Selling Team Scores Big With Top AWS Customers [The Information]

• 70,000 American sellers with $100,000+ in sales - 10% of which are based in Brooklyn, New York, Los Angeles, Miami, or Las Vegas. "Brooklyn is still the Amazon Seller Capital" [Marketplace Pulse]

• German Amazon Seller Stats [Amazon]

• PoS push: "Shopify unveils new point-of-sale hardware, expanding beyond its online platform" [Globe and Mail]

• "Instagram's Creator Marketplace is failing to deliver brand deals for many influencers testing the product" [Business Insider]

• TikTok breaks records as top grossing app in Q3, as overall app store revenue declines [Techcrunch]

• TikTok Seen Moving Toward U.S. Security Deal, but Hurdles Remain [New York Times]

• "Shopee, the Amazon of Southeast Asia, has been on a layoff spree within a year of raising $6 billion. We dug into the financials for an inside look." [Business Insider]

• Nike is next with 65% inventory spike: Another major brand is discounting its extra inventory [CNN]

• Virtual merchandise: "Walmart enters metaverse with massive Roblox effort" [Ad Age]

Events 🎤

• Shopify Unite, Oct 12-13 in Toronto, Canada

• White Label World Expo, Oct 13-14 in Frankfurt, Germany

• Shoptalk Fall Meetup, Online, Oct 18-20

• AMZ Innovate, Nov 07 in NY

Let's make this week count,

Christian