Rent is too high. "Before rent", the business is profitable, explains the management of the department stores' for the 2022/23 financial year, which generated the highest turnover in its history.

Artificial intelligence can’t replace the majority of jobs right now in cost-effective ways, according to the Massachusetts Institute of Technology.

MyTraffic, a specialist in traffic analysis for retail outlets, has announced the acquisition of Spanish company Geoblink for an undisclosed sum, to create a "European leader in geospatial intelligence".

Budget furniture retailer IKEA is sticking to planned price cuts despite Red Sea shipping disruptions pushing up costs, it said on Monday ahead of the World Economic Forum's annual meeting.

Guess Jeans returned to Pitti this season with the launch of its new Airwash concept and the unveiling of a giant immersive display The Next 40 Years of Denim.

Alphabet's Google went before a federal jury in Boston on Tuesday to argue against a computer scientist's claims that it should pay his company $1.

Lectra, the French leader in solutions for the fashion industry, has signed an agreement to acquire a majority stake in Launchmetrics, a French data analysis specialist.

2023 was a bruising year for UK retail with almost 120,000 sector jobs lost and more than 10,000 stores shuttered as inflation and tough economic conditions took their toll.

Former Patricia Field buyer Myra Lewis produced the film about how the Harlem ball dance culture made it to the mainstream. 

Condé Nast has announced the appointment of Raul Martinez as Vogue’s new Global Creative Director, reporting to Anna Wintour in New York, and re-joining the magazine publishser for the third time

Is it lawful to use artists' works to train a generative AI to imitate their artistic style? This is the question being contested in a legal battle between a collective of artists and leaders in image-generating AI.

​TikTok aims to grow the size of its US e-commerce business tenfold to as much as $17.5 billion this year, according to people familiar with the matter, posing a bigger threat to Amazon.com Inc.

Bangladesh is poised for significant growth, with projections placing it as the 20th largest economy in the world by 2038, according to a forecast by the Centre for Economics and Business Research. 

Un informaticien  a perdu sa tentative d'enregistrer des brevets sur des inventions créées par son système d'intelligence artificielle, dans le cadre d'une décision historique en Grande-Bretagne.

Spanish billionaire and Zara founder Amancio Ortega has bought a logistics centre mainly used by Amazon in Dublin, Ireland, for 225 million euros ($244.98 million), his investment firm Pontegadea said on Friday.

The SGM group has appointed Emmanuelle Claverie-Veysset as head of BHV. Since 2022, she has been head of department stores for the group, which also operates affiliated Galeries Lafayette stores.