Walmart announced it will expand the range of products available for free two-day shipping and launch the ability to return items at any of its 4,700 stores. Changes will begin to launch on a rolling basis in November.
Deloitte's 33rd annual Holiday Survey has found that 57 percent of total holiday spend is expected to be online, compared to 36 percent in stores. This marks a 10 percent drop for stores in the last four years.
Working in collaboration with international anti-cyberbullying non-profit The Cybersmile Foundation, global beauty company Coty announced it will use its Rimmel brand to launch an initiative to fight cyberbullying.
Demand for Gucci handbags proved more resilient than expected in the third quarter, helping to drive a strong revenue rise at parent Kering at a time of heightened investor nerves over luxury goods companies.
LVMH are being very, very nice to Celine and Hedi Slimane. The group just handed over the former Dior Homme boutique on high-traffic corner of Paris' rue François 1er and rue Marignan to Celine for a new store.
Pablo Isla has topped Harvard Business Review’s list of the best-performing CEOs in the world for the second year in a row. LVMH's Bernard Arnault came in third, followed by François-Henri Pinault of Kering.