Transformational sustainability, rather than just paying lip service to the issue, is still several years away and could mean price rises, a UK retailer survey shows. But fashion is at the forefront of the eco drive.
Global shopping malls giant Unibail-Rodamco-Westfield has reported solid results, but its UK operations (the London Westfield malls) suffered from the same problems we heard about at rivals Hammerson and Intu this week.
Zalando is investing for growth and it's paying off as site visits and revenue are rising fast. But while adjusted operating earnings are on the rise, net income is still low as it prepares for a more profitable future.
Amazon.com Inc is in exploratory talks with Reliance Industries Ltd-owned Reliance Retail for buying up to 26% stake in India's biggest brick-and-mortar retailer, the Economic Times (ET) reported on Thursday.
Europe’s largest property firm Unibail-Rodamco Westfield raised its full-year earnings guidance on Wednesday after reporting strong first-half growth in tenant sales at its flagship European and American retail centres.
Gucci may not have grown quite as fast in the latest quarter, according to Kering’s recent results, but it continues to be hugely popular, with the brand making it back to the top spot in the latest Lyst Index for Q2.
Next continued to show what a well-run business it is with a trading statement on Wednesday that showed higher sales. Online outperformed and more than made up for falling sales in its physical stores.
U.S. consumer spending and prices rose moderately in June, pointing to slower economic growth and benign inflation that could see the Federal Reserve cutting interest rates on Wednesday for the first time in a decade.
Rakuten Marketing, the division of the Japanese giant Rakuten in charge of targeting and advertising customisation, has appointed Anthony Capano to the newly created role of international managing director.
Months of increasingly violent protests in Hong Kong are taking a growing toll on the city's economy, weighing on confidence and scaring away tourists from one of the world's most vibrant shopping destinations.