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Joyce Abano

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JC Penney

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 -

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

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.

Blind-shop-Taobao

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.

Business strategy

The top retail trends in China

Reinventing bricks-and-mortar stores and engaging in enterprise-wide digital transformation are vital in 2019, a study by Fung Business Intelligence reveals.

Inditex

Zara parent hit by unusually warm weather

Zara owner Inditex has posted slow like-for-like sales growth due to the unusually warm autumn and adverse currency moves.

HM x Eytys

H&M launches gender-neutral collection

Fashion giant H&M has teamed up with Swedish streetwear brand Eytys to launch a gender neutral fashion collection.

New York, USA - JUNE 28th, 2014: The world famous department store Macy's in New York City.

Macy’s, Facebook bring e-commerce brands to Life

US department store chain gives floor space to online-only brands.

Victoria Secret

Victoria’s Secret’s CMO apologises for transgender comment

Luxury exec says “we absolutely would” cast a transgender model.

Strasbourg, France - Oct 26, 2018: Hero Object Of The Latest Iphone Xr Smartphone In Apple Store Com

Pricey iPhone models drive Apple profit higher

Tech giant posts increase in quarterly revenue.

Daniel_Zhang

Alibaba expects mega-shopping event to top previous ones

Last year’s event brought in $25.3 billion in gross merchandise value.

Versace-Milan

Michael Kors acquires Versace for US$2 billion

Michael Kors plans to expand the Italian label to 200 to 300 stores.

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