Amazon has reached a deal with Germany's anti-trust authority to overhaul its terms of service for third-party merchants, who had complained of unfair treatment when selling through the world's biggest online retailer.
Hong Kong retailers said on Tuesday they expect sales for July and August to drop by double-digits from a year earlier due to large and sometimes violent protests that have gripped the city for more than a month.
Grupo Sanborns, part of the group of companies owned by Mexican billionaire Carlos Slim, announced on Monday that it has reached an agreement to buy an 18.27% stake in Miniso, taking its total interest to 33.27%.
Philip Green’s fashion empire Arcadia Group on Tuesday said it received applications from legal entities of U.S.-based property group Vornado challenging two of its seven planned Company Voluntary Agreements (CVAs).
Amazon.com Inc’s Prime Day is now a major marketing opportunity and shopping event in the annual calendar for other U.S. retail companies, rivalling the Thanksgiving holiday’s Black Friday as a driver of sales.
Following news that Asos is looking to cut up to 100 jobs at its London headquarters, the online retailer could be looking at further redundancies after kickstarting a review at its customer care facility in Watford.
The departure of M&S’s clothing, home and beauty head Jill McDonald, has been followed up by news that the retailer has headhunted Maddy Evans, the fashion director of Topshop, as it targets younger shoppers.