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Uniqlo dethrones Zara as most valuable fashion business
Fast Retailing reached a market value of $130 billion last week, eclipsing the Spanish firm for the first time.
Indian retailer group calls for ban on Amazon in country after Reuters report
The group called on Commerce Minister Piyush Goyal to take immediate note of this "important and burning issue and order...
Reuters probe exposes Amazon’s secret strategy to dupe Indian regulators
Damning investigation uncovers secret strategy to dodge e-commerce laws.
Sales at Kering’s Gucci luxury brand fall on Covid-19 hit
Sales at Kering’s star Gucci fashion brand fell more than expected in the fourth quarter as the Covid-19 pandemic kept c...
McDonald’s revamps worldwide packaging designs
The packaging designs include the cool blue waves on the Filet-O-Fish clamshell to the golden melting cheese on the Quar...
Clubhouse app blocked in China, added to ‘Great Firewall’, say users
The move ends a brief window that allowed thousands of mainland users to join in discussions often censored in China.
Tumi chooses Asia to launch first experiential virtual store
Tumi believes its virtual store adds another dimension to its evolving approach to omnichannel retail, as the brand trie...
Amazon’s Bezos to step down as CEO; quarterly revenue tops $100 billion
Cloud computing chief Andy Jassy will step up to lead Amazon moving forward.
Hanes names new Australasia president
Hanes Australisia's new president Tanya Deans succeeds David Bortolussi
Topshop, Topman join Asos’ stable of brands
The £265m deal sees the business pick up the four brands which it sees as complementary to its own brand portfolio.
H&M’s full year profit slides despite positive growth in online sales
Swedish fashion retailer H&M’s online investments were unable to make up for lost store sales as the company reported a ...
Retail news around the globe
Ikea unveils planning studio in Singapore; BHG and Raffles City reveals lifestyle store concept; Carrefour, Alimentation...
Ikea opens stand-alone planning studio in Singapore
Ikea Singapore has launched a stand-alone specialist showroom in partnership with Livspace at Jurong Point.
Jack Ma resurfaces in online meeting after three-month absence
China's highest-profile entrepreneur had not appeared in public since late October, when he blasted China's regulatory ...
Five Guys launching first Australian store in Penrith
The store is expected to open in mid-2021, with construction to start soon.
