Consumers are pessimistic and cautious about spending but are also unwilling to rein-in their purchases say two new reports that highlight the on-going Brexit confusion.
Five years after its creation, the Israeli-American visual search shopping specialist has announced that it has closed a $6.5m funding round led by Matrix Partners.
Chinese e-commerce giant Alibaba Group Holding Ltd is in talks with Germany’s Metro about taking a stake in the German wholesaler’s China operations, three sources told Reuters on Thursday.
Visa Inc and Mastercard Inc are preparing to increase certain fees levied on U.S. merchants for processing transactions, it emerged on Friday.
Alibaba has bought an eight percent stake in Chinese online video sharing and entertainment service Bilibili for an undisclosed amount, state news agency Xinhua reported.
The developers of the planned Westfield mall in Croydon are reviewing the project and while a 2023 opening is still being promised, it looks like a more future-proofed rethink is under way.
Amazon has scrapped plans to build a major outpost in New York that could have created 25,000 jobs, blaming opposition from local leaders upset by the nearly $3 billion in incentives promised by politicians.
Prada is tackling the issue of diversity with an in-house ‘Diversity and Inclusion Council.'
Cities that were shunned in Amazon.com Inc's search for a secondary corporate headquarters are revisiting their bids in case New York City rejects the corporate giant due to opposition from local politicians.
To celebrate the upcoming release of “The Times of Bill Cunningham”, Vogue will publish a selection of never-before-seen images from Cunningham’s archive across its international editions.
Finance ministers from smaller European Union states on Tuesday opposed a plan to limit governments' power to block EU reforms on tax matters,further reducing the chances of introducing an EU levy on large digital firms.
Spending on Valentine's Day will rise only marginally this year and food and drink will be the big beneficiary rather than fashion. But jewellers should also see a spending uplift.
Debenhams has secured a temporary cash injection to tide it over while talks go on and it also has a new own-brand sourcing deal with Li & Fung that should help it respond faster to trends with better quality product.
The department store chain has announced that it will open a luxury cannabis lifestyle concept, The High End, at its Beverly Hills flagship in March, the first initiative of its kind launched by a major US retailer.
The number of retailers giving shoppers the choice to pay in non-sterling currencies has increased by 19% year-on-year, according to a report from Visualsoft.
