Under fire for its plan to buy Whole Foods, Amazon continued its multi-million lobbying effort, shelling out $3.2 million in the second quarter of this year, an increase from the $2.9 million spent in the Q1.
Skechers exceeded second quarter expectations, recording over $1 billion in sales in the period. The company projects that its record performances will continue into the latter half of its fiscal year.
Retailer Hudson's Bay Co is unlikely to take its vast real estate holdings public any time soon, the head of RioCan Real Estate Investment Trust, a partner in a venture that holds some of those assets, said on Thursday.
As part of its review of Amazon's agreement to buy Whole Foods, the Federal Trade Commission is looking into allegations that Amazon misleads customers about its pricing discounts, according to a source.
The collab supposedly available until July 27 in eight pop-ups around the world has disappeared, along with the temporary shops in the U.S. and Paris. Witnesses at the Paris location described a scene of total frenzy.
Top Australian department store Myer Holdings Ltd gave a profit warning on Thursday after a mid-year sale fizzed and efforts to revive the local arm of British chain Topshop failed, sending its shares to a record low.
Unilever did well in H1 on the back of cost cuts and some good brand performances. Its Dove, Sunsilk, Dermalogica, Dollar Shave Club and Living Proof brands all continued to grow strongly during the half.
It may not come as a huge surprise but reclusive billionaires David and Frederick Barclay have put their plans to sell the giant Shop Direct e-tail business on hold as analysts said the £3 billion price tag was too high.
Quiz's IPO has proved to be a sucess with the firm rasing expansion cash to help it plans for more stores in its domestic market and fast growth in countries like the US, as well as in Asia, Europe and the Middle East.