Alibaba Group will carry out Hong Kong’s first paper-less stock market listing with its $13.4 billion (£10.5 billion) share sale, according to a source.

Alibaba Group Holding Inc co-founder Jack Ma said on Wednesday results from the Singles' Day annual online shopping festival had missed the Chinese e-commerce giant's expectations.

The next three years will see London's West End enjoying an almost £3 billion investment spend that will transform Oxford Street into an experiential location and boost visitors by 40%.

Chinese e-commerce giant Alibaba Group is poised to launch a Hong Kong share sale expected to raise up to $15 billion as soon as Thursday, according to two sources with knowledge of the discussions.

It’s always interesting to see how the owners of UK shopping centres are faring, especially in an environment in which footfall to such centres is dropping and many stores are exiting leases on the back of CVAs.

On Friday, French distribution giant Carrefour announced it has received a “firm bid” by Shopinvest to acquire a 100% stake in consumer electronics e-tailer Rue du Commerce, which Carrefour bought in 2016.

The owner of Intu Metrocentre and Intu Trafford Centre is expecting like-for-like net rental income to be down by 9% this year following a wave of retail failures.

Facebook on Friday began rolling out its dedicated "News Tab" with professionally produced content, the latest move by the social network to promote journalism and shed its reputation as a platform for misinformation.

With UK inflation at around 2%, a study predicting just a 0.8% increase in Christmas spend this year is bad news for stores. And it could be worse under a no-deal Brexit as the prediction would be scaled back to 0.2%.

Bonmarché wasn’t the only UK retail chain to file for administration on Friday with Scottish department store operator Watt Brothers also throwing in the towel after a history stretching back 104 years.

Last week’s Brexit deal and the pulling of Saturday’s Parliamentary vote have left the UK retail sector back where it has been for the last three+ years, facing an uncertain future as consumers shun unnecessary spending.

Freedman will work closely with Diane Solway, the current editor-in-chief of Surface Media, to build the company's magazine, digital platforms, live experiences and strategic partnerships. 

It may seem counter-intuitive to some people to pay in advance for a service that saves you money on future product orders that you might not actually place, but such schemes are ever more popular with UK consumers.

The Council of Fashion Designers of America has added 23 new designers to its membership, bringing its total membership up to 483.

Retail rents in Hong Kong, among the most expensive in the world, fell sharply in the third quarter, following anti-government protests that have pushed shop sales to a record low.