Online retail in the UK enjoyed a warm weather boost in February as a mini heatwave sent the e-tail sales rise easily above the averages seen in the last few months, according to the IMRG Capgemini eRetail Sales Index.
Ikea is scouting Mexico’s biggest cities for its first store locations in the country, the furniture retailer said, as it expands in Latin America to battle growing competition in its core U.S. and European markets.
South African retailer Steinhoff said an independent report had found it had overstated profits over several years in a $7.4 billion accounting fraud involving a small group of top executives and outsiders.
Inditex's Pablo Isla has announced that the long-term goal is for Zara Home to be considered a section of Zara. The homeware brand will continue to operate standalone stores, with some products available in Zara.
Osaka, long Japan’s “second city,” is winning the race against Tokyo to draw foreign tourists, but after a boom, its retailers and property developers are adapting to shifting tourism spending patterns.
For the first time since its birth in 1907, Neiman Marcus will open a location in Manhattan on Friday, debuting a new range of exclusive digital and physical features at The Shops & Restaurants at Hudson Yards.
With the EU exit deal voted down by MPs, they must now vote on a no-deal Brexit or decide on alternatives, with business left in limbo and the luxury sector dreading the prospect of a multibillion pound loss of revenue.
Phil Branston has joined independent marketplace Notonthehighstreet as its new chief financial officer. He will be in charge of leading and developing the e-tailer’s finance team with a focus on scaling operations.