China's second-biggest e-commerce firm JD.com has kicked off a fundraising round at its logistics unit with a target of at least $2 billion, and eventually plans to list the business overseas, sources said.
Japan’s economy is gathering steam, profits are at record levels and companies are poised to raise wages, yet retailers are struggling to lift prices for fear of losing customers used to nearly two decades of deflation.
The U.S. Supreme Court on Friday agreed to decide whether to let states require online retailers to collect billions of dollars in sales tax, taking up South Dakota’s dispute with three e-commerce companies.
On 11 January, Dutch department store chain de Bijenkorf announced that it is closing its Woerden-based distribution center. De Bijenkorf plans to merge and outsource all distribution activities to a new partner in 2019.
UK consumers who shop online already are becoming more online-focused than ever and are increasing the amounts they buy via webstores, a new report shows and more than half of women buy clothes online.
Vlada Haggerty, Smashbox “lip editor in chief”, filed her complaint in federal court in California last week, alleging that LVMH-owned Make Up For Ever copied her lip art in the logo for its new Lustrous cosmetics line.
France plans to cut the length of state-regulated discount sales to stoke up flagging enthusiasm among shoppers tempted by myriad bargain-hunting opportunities outside of official sale periods, notably online.
Switzerland’s retail sector is expected to partially recover in 2018 due to a strong Swiss economy, which has largely overcome problems triggered by a strong franc following the end of a cap against the euro in 2015.
According to a market research by Thuiswinkel, Dutch consumers spent €15.7 billion in the first nine months of 2017, with beauty and apparel on the up. Total online sales are expected to reach €22.7 billion for 2017.
Britons have a big problem with clothing they’ve bought but will never wear. That’s according to a survey that shows women have 588 million unworn items sat in drawers and wardrobes while men have 223 million.