India's e-commerce companies are adding delivery personnel at a rapid pace, fearing a labour shortage might cause them to lose out in one of the biggest annual shopping seasons that begins in earnest next month.
Chinese e-commerce giant JD.com Inc beat Wall Street estimates for quarterly revenue on Tuesday as lockdowns in China to control the coronavirus boosted online shopping and the company's "618" shopping event.
Revlon Inc has pushed back against a shareholder demand for greater representation in the cosmetics giant's bankruptcy case, saying that an official equity committee would not increase shareholders' ultimate recovery.
The global economy is increasingly at risk of sliding into recession, surveys showed on Tuesday, as consumers faced with generation-high inflation rein in spending while central banks are tightening policy aggressively.
Commercial property giant Grosvenor has signed global beauty brand Charlotte Tilbury to open a flagship store at its successful Liverpool One mall. It marks the brand’s first UK standalone store outside London.
Jewellery retailers continue to sparkle on the retail scene with another brand announcing it’s on the expansion trail. This time it’s Astrid & Miyu opening its first regional UK store in Leeds this week.
PrettyLittle Thing has a new ambassador/celebrity product endorser. Gemma Owen, Love Island competitor and daughter of former football star Michael Owen, has become the face of the Boohoo-owned fast-fashion brand.
Premium British bag specialist Cambridge Satchel Company has been acquired by French textiles giant Chargeurs, the new owner has announced. Founder Julie Deane remains a director but the price paid hasn’t been disclosed.
Macy's Inc cut its full-year sales and profit forecasts on Tuesday, saying it needs to offer more discounts to get rid of excess inventories of casual and athleisure apparel, even as demand for luxury products holds up.