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Mobile commerce

South Korea’s LG becomes first major smartphone brand to withdraw from market

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Financial

Deliveroo eyes US$10.5 billion listing after some funds steer clear

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Latest

Amazon calls on India not to alter e-commerce investment rules – sources

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Sustainability

Fashion giants lag behind on green targets – report

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Workforce

‘Home nesting’ spending to keep rising post-pandemic, says McKinsey

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Financial

UK’s M&S seeks to turbocharge online sales with guest clothes brands

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Luxury

Prada bags sales boost from China rebound, online shift

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Financial

Inditex’s net profit falls 70 per cent as pandemic keeps many shops closed

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Financial

Aerie powers American Eagle to best first-quarter sales in three years

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Payments

Klarna funding round makes it Europe’s most valuable startup at US$31bn

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Financial

Gucci owner Kering invests in resale platform Vestiaire Collective

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Marketing

Retailers, charities caught up in botched Facebook ‘news’ ban

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Strategy

Reuters probe exposes Amazon’s secret strategy to dupe Indian regulators

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Fashion & accessories

Sales at Kering’s Gucci luxury brand fall on Covid-19 hit

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Financial

L’Oreal predicts ‘Roaring 20s’ retail resurgence post Covid

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Sports & adventure

Adidas starts formal process of quitting struggling Reebok

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Fashion & accessories

LVMH, Rihanna ‘suspend’ Fenty fashion label

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News

Clubhouse app blocked in China, added to ‘Great Firewall’, say users

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Financial

Alphabet’s Google posts record sales as retailers shell out for ads

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Workforce

Amazon’s Bezos to step down as CEO; quarterly revenue tops $100 billion

Reuters