Apple’s rivals want to benefit from its magic, hoping that its long awaited new smartwatch will finally conjure demand for wearable technology that has so far generated more buzz about its potential than actual sales.
Chinese department stores are the country’s worst performers in the international bond market this year, as e-commerce rivals such as Alibaba Group Holding Ltd. lure shoppers and an anti-corruption probe pinches sales.
China will back e-commerce development and guide international expansion by Chinese internet companies, Premier Li Keqiang said on Thursday, in an endorsement for firms such as Alibaba Group Holding Ltd and JD.com Inc.
Quiksilver postponed its first-quarter earnings report due to a possible error, sending shares of the surfing retailer down 8 percent Wednesday.
Moncler SpA, an Italian maker of $1,240 quilted jackets, said it’s confident it can keep growing after reporting 2014 profit that beat analysts’ estimates as sales accelerated in the final months of the year.
Tiffany & Co. won a Dutch court ruling setting aside a decision by arbitrators who ordered the jewelry chain to pay Swatch Group AG more than 402 million Swiss francs ($419 million) in a dispute over a failed venture.
Shoppers usually blame dowdy clothes and tired stores for the painful decline of Britain’s former retail powerhouse Marks & Spencer. But the parts of the business that customers never see could hold the key to its revival.
The new head of TAG Heuer, luxury group LVMH’s biggest watch brand, has replaced half a dozen top managers as part of a drive to revive sales.
An ugly beauty dominated Milan Fashion Week. Was it a sign of aesthetic democracy or a cheap trick designed to conjure the illusion of newness?
New technology about to be deployed by credit card companies will require U.S. consumers to carry a new kind of card and retailers across the nation to upgrade payment terminals. But despite a price tag of $8.65 billion, the shift will address only a narrow range of security issues.