Once the preserve of gamers, virtual reality (VR) has been seized on by the financial sector as a way of enlivening home working for isolated executives and replicating real-world sales, networking or training events.
PwC will not compete to be the new auditor of Boohoo, confirming media reports of a shift as the company rejigs its corporate governance apparatus following a report into working conditions at its suppliers.
Amazon.com Inc has added insurance and even gold to its menu of financial services in India, to expand its customer base and attract more subscribers to its Prime loyalty programme in a battleground growth market.
The UK department stores sector is reeling post-pandemic and after news that John Lewis is reviewing its strategy, it has emerged that Debenhams' owner could go under and half of Harvey Nichols' stores remain shut.
As footwear retailer Clarks seeks new funding, a number of private equity companies are reportedly keen to take a stake in the company. And a former Triumph head is joining next month to run the Clarks unit.
Milan Fashion Week Men's is set to take place from 14 to 17 July, mixing virtual performances with physical runway shows. 37 events are on the menu, including physical shows from Etro and Dolce & Gabbana on 15 July.
Facebook's $5.7 billion investment in Reliance promises to be the biggest headache yet for Paytm, a pioneer in India's digital payments market but which has been losing ground to rivals with deeper pockets.
Only yesterday, Laura Ashley was still seeking an emergency cash injection to keep it going and talking about a sales improvement. But as of today, the company is filing for administration. Some 2,700 jobs are at risk.