The French will spend 19 billion euros ($21.5 billion) on online purchases over Christmas and the Black Friday to Cyber Monday sales days, lifting total online retail sales to over 90 billion euros for 2018, said Fevad.
Ocado, the online supermarket and technology provider, sees opportunities to strike more deals with established grocers in Europe, Asia and South America, and could move into other categories in retail and beyond.
South African retailer Woolworths Holdings Ltd reported a 2.7 percent rise in sales for the 20 weeks ended Nov. 12, helped by its local food and Australian businesses.
Troubled Greek jewellery maker Folli Follie has asked for protection from creditors in order to finalise a restructuring plan, it said in a statement on Thursday.
Sears Holdings Corp won U.S. bankruptcy court approval on Thursday to move forward with plans to stay in business and sell itself, even as it continues to evaluate offers to liquidate its business.
In 2015, when Antony Alex pitched his training products for tackling sexual harassment in the workplace, large and small businesses in India mostly turned him away saying it was not worth the investment.
Digital plus-sized retailer 11 Honoré has launched its first collaborative influencer collection with Premme co-founder, columnist, designer and creative consultant Nicolette Mason.
NPD has surveyed its industry experts to get their insights for US Holiday 2018, revealing predictions of a brick-and-mortar comeback, a strong performance in fragrance and the continued dominance of athleisure.
Australian baggage brand Crumpler has announced the expansion of its international distributor network in China and Taiwan in partnership with Sea to Summit and Hwa Yao Trading Co., respectively.
One of the largest textile sourcing shows on the East Coast, Texworld USA will come to NYC's Javits Center for a round of talks on sustainability and more. The trade show will run from January 21 through January 23.
Danskin, the heritage dance and lifestyle brand owned by Iconix Brand Group, has unveiled its first capsule made in collaboration with brand ambassador Jenna Dewan.
Shares in Nordstrom Inc slumped 9 percent after the U.S. department store operator reported disappointing same-store sales and said it had been forced to refund some of its credit card customers after overcharging them.
Brama Group, the European agent of many US apparel brands, has added two labels to its portfolio, to be distributed by Riccardo Grassi Showroom, one of Milan’s largest showrooms.
The intimates and swimwear company announced on Thursday that it has concluded its acquisition of FOH Online Corp, exclusive licensee for the Frederick’s of Hollywood brand’s international e-commerce business.
After a two-year-long makeover, Chanel has re-opened its 57th Street flagship in Manhattan, revealing a 14,000-square-foot, five-floor store that now stands as the largest Chanel boutique in the U.S.
