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Joyce Abano
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China boosts Uniqlo parent
Uniqlo owner Fast Retailing’s healthy online sales and strong performance in overseas markets, particularly in China, have helped boost its third quarter results.
Amazon named most valuable brand
E-commerce giant Amazon has clinched the top spot in the world’s most valuable brand ranking.
Lacoste launching shoppable TV during French Open
NBCUniversal to serve first official ShoppableTV experience with Lacoste during the French Open.
Zara owner Inditex names new CEO
Zara owner Inditex has named chief operating officer Carlos Crespo as its new chief executive to spearhead a bigger push into e-commerce.
Half a million Uniqlo shoppers caught up in online breach
Uniqlo parent Fast Retailing announced hackers may have gained access to personal information of 461,091 accounts registered on the company’s Japanese shopping websites.
Walmart trials new digitised store format
Supermarket retailer Walmart has launched a new technology called Intelligent Retail Lab (IRL) that allows it to monitor its physical stores more efficiently and keep costs under control.
H&M to tell customers exactly where their clothes were made
Swedish fast fashion retailer H&M announced it will add more information to its products on its website later this month as part of a move to create greater product transparency.
Lululemon says e-commerce investment paying off
Lululemon’s investment in e-commerce — revamping its website and improving on direct-marketing efforts to draw new customers — has paid off.
JC Penney to exit home appliance business
Struggling department store chain JC Penney announced it will exit its home appliances business, and some of its furniture business.
H&M profit drops due to online investment
H&M profit dropped in the year to November 30, the Swedish fast-fashion retailer blaming investment in its online business for the decline.
Sears avoids bankruptcy
Sears Holdings chair Edward Lampert’s US$5.2 billion bid to save 425 Sears and Kmart stores and roughly 45,000 jobs from liquidation.
Alibaba helps the blind shop online
E-commerce giant Alibaba has developed new technology to make it possible for blind and partially sighted people to shop online.
