GENEVA, Switzerland — Cie. Financiere Richemont SA, the owner of the Cartier brand, fell the most in more than two months after Chairman Johann Rupert said he’s very concerned that the global economy is in a precarious position.
DHAKA, Bangladesh — Bangladesh police arrested at least 40 people in connection with a fire last week at a factory that makes clothes for retailers Gap Inc. and Inditex SA’s Zara.
HONG KONG, China — Esprit Holdings' chief is doubling down on a bet to fix the struggling clothing retailer he took charge of a year ago by revamping its existing business model and recreating it in the image of his former employer-now-rival, Zara.
SAN FRANCISCO, United States — Online spending on Black Friday increased 15 percent to a record $1.20 billion as more consumers opted to shop from their couches rather than battling long lines at stores.
SEATTLE, United States — Amazon.com Inc. Chief Executive Jeff Bezos said the world’s largest e-commerce company is testing drones to deliver goods, as it works to improve efficiency and speed in getting products to consumers.