U.S. online retailer Amazon.com will open its fifth logistics center in Poland this year, it said on Monday, seeking to benefit from the country's relatively low wages and proximity to the large German market.
London was the top city for luxury store openings last year due to its gateway status and appeal to Chinese shoppers, a new report shows. But Paris came in second place, ahead of New York, Dubai, Hong Kong and Milan.
Christos Angelides has been named CEO at Reiss, confounding expectations that he would take the top clothing role at M&S. His new role at Reiss is part of a “planned succession process” and looks like a good fit.
Online retailer Amazon is set to create more than 5,000 jobs in Britain this year, the company said on Monday, boosting its investment in the country once more even as it prepares to leave the European Union.
Diamond jewellery retailer Forevermark, part of the Anglo American mining group, has expanded to 2,000 outlets globally and expects a further 10 percent rise this year, Chief Executive Stephen Lussier said on Friday.