Executive VP of ecommerce Kip Levin tells me that for a long time the company was scapegoat for all of the live event industry's problems.
For example, when Daniel Zhang, the new chief executive of Chinese ecommerce giant Alibaba, talked about his proposed new "Let's Go Global" strategy one week after his appointment, the company's stock price rose immediately by 1%, the equivalent of $2.2 billion, with further rises in the following days.
Mr. Sidgmore acknowledged in an interview yesterday that he remained chairman and chief executive of another company, Ecommerce Industries, which specializes in technology for office products companies.
"We committed to grow our digital marketing capabilities in China on the dual strategic pillars of ecommerce and social media," Vincent Digonnet, executive chairman of Razorfish and DigitasLBi networks in APAC, said in a statement.
In most retail organizations, you could not pick two more diametrically opposed executives within the same company, especially after the rise of eCommerce, and then the advance of marketing technologies ("martech").
[C11.] From Secretary to Online Executive John W. Sidgmore, the vice chairman of WorldCom and chief of its Uunet unit, has invested in and become chairman of eCommerce Industries, a dot-com venture for the office supply industry started by Paula Jagemann, his former secretary.
"Clearly something does not add up when we consider the phenomenal growth of ecommerce and the demand on UK supply chain, yet an established distributor has gone out of business," said Patrick Gallagher, chief executive of rival carrier CitySprint.
While in that position, Mr. Sidgmore became chairman of Ecommerce Industries in July 1999.
Other types of ecommerce use more energy than one would expect, however.
Mark Kelly, head of ecommerce at The Fragrance Shop, says: "It's improved the way we collected online payments.
