Topshop/Topman is set to lose its CEO in the latest blow to parent company Arcadia. Former Burberry exec Paul Price resigned this week for personal reasons, the company said. Price is relocating back to the US.
M&S is reportedly planning to downsize the space it controls in around 20 of its largest retail locations with under-used upper floors potentially being converted into offices or even residential space.
Facebook Inc's Instagram said it will require birthdates from all new users starting on Wednesday, expanding the audience for ads age-restricted products, while offering new safety measures for younger users.
The 18th edition of Art Basel Miami Beach may not start officially until Thursday, but the worlds of art and fashion are already descending on the Magic City for a week of exhibitions, installations and fashion shows.
Hong Kong’s retail sales in October fell by their steepest on record, as ongoing anti-government protests that have gripped the Chinese-ruled city for nearly six months scared off tourists and hit spending.
U.S. retailers kicked off Cyber Monday by launching a slew of deals earlier than usual over the weekend, seeking to sustain the momentum of a record $11.6 billion in online sales on Thanksgiving and Black Friday.