Amazon.com Inc's Prime Now quick delivery service in Singapore, which launched on Thursday and kicked off its push into Southeast Asia, has been overwhelmed by demand, preventing it from taking on fresh orders.
Sports Direct now owns 27% of beleaguered fashion retailer French Connection with the stake making it the second largest shareholder in the firm and just 3% below the threshold at which it must launch a takeover bid.
UK consumer confidence has been relatively buoyant in recent periods given the dire warnings that had been issued before the Brexit vote. But in July, confidence dipped to a level last seen in July 2016.
H&M is to open in Christchurch, New Zealand, with a new two-level store due to open its doors on September 9. The new location will include the retail giant’s complete product line-up for the first time in the country.
Amazon.com Inc launched its two-hour delivery service in Singapore on Thursday, marking the e-commerce giant's push into populous Southeast Asia and its first head-on battle with its Chinese rival, Alibaba Group Holding.
Fashion was the biggest UK growth sector on eBay last year with 26% of all registrations and the opportunities for specialists to grow at home and abroad are unprecedented says the company's UK head of fashion sales.