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China tech giant Alibaba dismisses livestreaming head, citing nepotism, gifts - document

China tech giant Alibaba dismisses livestreaming head, citing nepotism, gifts - document

Chinese e-commerce giant Alibaba Group Holding Ltd has fired Zhao Yan, the head of its fast-growing livestreaming division, on grounds of nepotism and accepting gifts, according to an internal memo.
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UK landlord Grosvenor adds new leadership position to boost US eco drive

UK landlord Grosvenor adds new leadership position to boost US eco drive

Grosvenor’s American arm has created a new role of environment, social & governance director to spearhead its goal of achieving net zero operations by 2030.
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Influencers form American Influencer Council to support influencer marketing industry

Influencers form American Influencer Council to support influencer marketing industry

Founded by Qianna Smith Bruneteau, the American Influencer Council frames influencers as small business owners, and aims to sustain "the integrity, viability and growth" of the industry.
Fashion
New North American trade deal launches under growing threat of disputes

New North American trade deal launches under growing threat of disputes

The revamped trade pact between the United States, Canada and Mexico taking effect on Wednesday was meant to boost the region's competitiveness - but cracks are already starting to show in the foundation.
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Retailers add 'at-home' experiences - Barclaycard report

Retailers add 'at-home' experiences - Barclaycard report

Dubbed the ‘insperience economy’, 33% of retailers in the UK launched innovative products and services designed specifically to be used at home during the months of lockdown, according to new research.
Fashion
Instagram rolls out shopping feature to small businesses, independent creators

Instagram rolls out shopping feature to small businesses, independent creators

As the Covid-19 pandemic pushes more businesses to lean into their online presence, Instagram is expanding its in-app Instagram Shopping feature to include small businesses and individual creators. 
Fashion
Alibaba's Lazada appoints Chun Li as new CEO

Alibaba's Lazada appoints Chun Li as new CEO

Lazada, the Southeast Asian arm of Chinese e-commerce firm Alibaba Group Holding , said on Friday it would replace its chief executive officer, as it battles for dominance in the fast-growing market.
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Retail landlords collect just 13.8% of rents for June quarter day - study

Retail landlords collect just 13.8% of rents for June quarter day - study

New research shows that just 18.2% of commercial rents in the UK were collected by landlords on 24 June, with retail properties among the worst performing group.
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Lindsay Peoples Wagner and Sandrine Charles launch Black in Fashion Council

Lindsay Peoples Wagner and Sandrine Charles launch Black in Fashion Council

To support Black people working in fashion and beauty, the council will form an equality index score that will provide benchmarking around corporate policies and practices pertinent to the inclusivity of Black employees.
Fashion
Global advertising faces double-digit decline this year

Global advertising faces double-digit decline this year

The global advertising industry is expected to decline nearly 12% this year as the coronavirus pandemic batters businesses around the world, a report on the sector said on Monday.
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UK extends ban on evicting high street stores over rent non-payment

UK extends ban on evicting high street stores over rent non-payment

Landlords are reeling from rents having not been paid for months, but the UK government is focused on supporting under-pressure retailers and has extended its ban on evictions for non-payment of rent until the autumn.
Fashion
Hyve cancels 2020's Shoptalk, plans digital meetup

Hyve cancels 2020's Shoptalk, plans digital meetup

Hyve Group, which runs the Pure London and Moda trade shows, among many other events, gave an update about rescheduled shows on Friday, as well as those that are continuing to run on their scheduled dates.
Fashion
Europe threatens digital taxes without global deal, after U.S. quits talks

Europe threatens digital taxes without global deal, after U.S. quits talks

France said a U.S. decision to quit global talks on how to tax big digital firms such as Amazon and Google was a "provocation" and the European Union said it could impose taxes even if no deal was reached by year-end.
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TikTok owner ByteDance first-quarter revenue soared to around $5.6 billion - sources

TikTok owner ByteDance first-quarter revenue soared to around $5.6 billion - sources

Beijing-based ByteDance, the privately owned operator of short video app TikTok, booked around 40 billion yuan (£4.4 billion) in revenue for the January-March quarter, said two people with knowledge of the matter.
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Main Ikea retailer starts returning government aid received to cover wages

Main Ikea retailer starts returning government aid received to cover wages

Ingka Group, the owner of most Ikea stores, said on Tuesday it has started repaying aid in Serbia and will also repay aid in Belgium, Croatia, the Czech Republic, Ireland, Portugal, Spain and the United States.
Lifestyle
EU antitrust regulators set July 20 deadline for Google, Fitbit deal

EU antitrust regulators set July 20 deadline for Google, Fitbit deal

EU antitrust regulators will decide by July 20 whether to clear Google's $2.1 billion bid for fitness trackers company Fitbit , a deal that has prompted concerns from consumer groups and privacy advocates.
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