Shares of Versace Owner Capri Seen Falling 30% If Deal With Coach Owner Tapestry Fails
Since the merger announcement, Capri has reported weaker-than-forecast earnings twice, spurring concern about its performance in the coming quarters.
Line and Mercari are teaming up to face powerful rivals, such as Ratuken, SoftBank and India's Paytm.
As mobile-first consumers are choosing the convenience of using their phones for transactions, fashion companies will in 2018 begin to realise the opportunities this brings.
Amazon has hinted that it may be moving in this direction, as it promotes its branded checkout button on merchant websites and offers Prime members rewards when they use a debit card to reload gift cards.
Amazon is trying to buttress its digital payments operations as it takes on local rivals including Paytm and Flipkart.
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In today’s News Bites, mobile retail platform NewStore shares its plans to take on Amazon after a Series B funding round.
By becoming one of the first companies to use WhatsApp to sell directly to customers, Yoox Net-a-Porter is seeking a leg up on competitors like Farfetch and luxury brands’ own sites.
This week, why the average Chinese tourist is spending less abroad, while the Alibaba Group expands into Australia and New Zealand.
"Facebook should help people directly order food, buy tickets to events, find out what to do on a Saturday night and shop until their heart's content
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Spending and borrowing by Chinese millennials poses a risk to China's fast-growing debt, and basketball player Michael Jordan scores a legal win for his Chinese name.
Booming e-commerce sales on Black Friday underscore the need for continued digital investment, but front-end upgrades are only the tip of the iceberg.
China's mobile retail spending is expected to grow to $1.4 trillion by 2019 and luxury dress rental services are catching on among fashion-savvy and status-hungry consumers in smaller Chinese cities.
China's mobile retail spending is expected to grow to $1.4 trillion by 2019 and luxury dress rental services are catching on among fashion-savvy and status-hungry consumers in smaller Chinese cities.
"There are over 1.3 billion mobile subscribers in China, and the country’s mobile commerce industry is expected to be worth US$1.41 trillion by
Since the merger announcement, Capri has reported weaker-than-forecast earnings twice, spurring concern about its performance in the coming quarters.
The new scent, Zouzou, is the fashion house’s first new perfume since 2022.
Unilever Plc sales jumped more than expected in the first quarter as Chief Executive Officer Hein Schumacher pushes ahead with his turnaround plan and shoppers come back to premium brands.
President Biden signed the bill that gives China-based ByteDance 270 days to divest TikTok’s US assets or face a ban.
The Alphabet Inc. company said in a blog post Tuesday that it’s still working with the ad industry and regulators on the plan.
Overall revenues for the three months through March totalled 818 million euros ($874 million), above a company-provided analyst consensus of 786 million euros.
Embattled by weak demand and currency issues in Nigeria, the company is looking to slim down in order to return to growth.
EU lawmakers backed the Corporate Sustainability Due Diligence Directive by 374 votes to 235 against, with 19 abstentions.