German e-tailer Zalando is to push ahead with its strategy of investing to gain market share in 2018 and reported preliminary Q4 sales growth in line with expectations, despite a tough clothing market in early autumn.
John Lewis continued to struggle with slowing sales in the latest week. On Tuesday the department stores and e-tail firm said that sales for the seven days to January 13 fell 3.8% year-on-year to £85.7 million.
Chinese online retailer JD.com Inc has made an investment in Vietnamese e-commerce firm Tiki.vn, expanding its Southeast Asia business amid growing competition in the region from Alibaba and Amazon.com.
A plan by Norway’s government to phase out fur farms by 2025 dismayed producers and delighted activists on Monday as a sign that fur is out of fashion even in a nation that was once the top producer of fox pelts.
There is a concept in football known as Gegenpressing, meaning committing all your forces on the attack and focusing on intense creativity, which is what the Fendi menswear show in Milan on Monday was all about.