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Pentagon launches leading sportswear retailer on Newegg

22 February 2017

[22.02.17]: Pentagon is delighted to announce their integration to top US e-retailer Newegg (www.newegg.com), with the launch of a leading UK sportswear company. This collaboration is well aligned with both companies’ aspirations of helping UK retailers sell globally and attracting quality new sellers with fantastic inventory to the online marketplace, respectively.

When discussing the collaboration, Pentagon CEO Laurence Guy said, “We are delighted to be working more closely with Newegg to fulfil our mission of helping British retailers sell to consumers in the United States, and beyond. Newegg is an exciting and dynamic company that shares a mutual ethos of supporting retailer growth and accelerating their global online sales.”

Ranked at #172 in the 2016 Forbes[1] list of largest American companies, Newegg earned revenue of more than $2.6 billion in 2015. The company’s customer base of more than 32 million registered users is comprised of tech enthusiasts and mainstream shoppers alike who seek the latest technology and consumer electronics products at competitive prices.

Over the Black Friday/Cyber Monday weekend, Newegg’s year-on-year[2] sales increased by 19.1%, outpacing the U.S. ecommerce sector as a whole, which increased by 15.2% over the same period. This increase in sales was driven by strong sales of virtual reality (VR) equipment, gaming notebooks and video games consoles.

On the 23rd of March, Newegg will take part in Pentagon’s global marketplace conference ‘Retail Without Borders’, where they will share a stage with consumer electronics company Veho to provide insights on how to get set-up and be successful on their platform. If you are interested in finding out more about Newegg and discovering how Pentagon can accelerate your global online sales, click here to secure your place at Retail Without Borders, 2017.

Alternatively you can always give the team a call on: +44 (0)20 8940 5392, email: hello@wearepentagon.com or find out more at: wearepentagon.com

Let us accelerate your global online growth!

#RetailWithoutBorders

 

[1] http://www.forbes.com/companies/newegg/

[2] https://www.newegg.com/Info/NewsroomDetail.aspx?ID=1698&Type=3