Visa Inc has complained to the U.S. government that India's "informal and formal" promotion of domestic payments rival RuPay hurts the U.S. giant in a key market, memos seen by Reuters show.
Montreal-based Frank And Oak is ending the year with retail expansion plans including its first foray into China.
Japan's retail sales rose for the first time in three months in October, though less than expected, data showed on Monday, a sign private consumption has yet to pick up strongly despite the easing of COVID-19 curbs.
A senior Amazon.com Inc executive said it remains too early to predict how the Omicron coronavirus variant will impact consumer spending during the holiday season but suggested that shoppers will press ahead for now.
Amazon has partnered with Abu Dhabi Investment Office to establish a fulfilment centre by 2024 to be built in accordance with the company's carbon-reduction strategies, the Abu Dhabi government's media office said.
Katla has teamed up with designer Shelly Xu and her namesake start-up Shelly Xu Design (SXD) to introduce a new collaboration rooted in zero-waste design.
U.S. shoppers spent less online during Black Friday this year, with many venturing back to physical stores despite coronavirus fears, tight supplies, and retailers' efforts to encourage earlier holiday purchases.
A surge in coronavirus cases in Germany has led to a disappointing start to the Christmas season for retailers in Europe's biggest economy, the sector body said on Sunday.
Designer Virgil Abloh died on Sunday of cancer after privately battling the disease for several years. He was 41.
The Californian womenswear brand has announced the creation of the Z Supply Foundation, which launches with an educational initiative directing the company’s Black Friday sales into a scholarship fund.
The California-based board sports equipment group has reportedly named Deborah Palmer Keiser as its new chief operating officer.
Black Friday spending volumes exceeded those of both 2020 and the pre-pandemic shopping day in 2019, Barclaycard said as stores closed on Friday.
The corporate venture investment arm of Brazil’s Natura &Co has taken a $2 million stake in the science-backed, Los Angeles-based skincare brand founded by Alli Reed, aka “The Acid Queen.”
According to a study by consulting firm McKinsey, buy-now-pay-later services represented six percent of unsecured loans in the United States in 2016, nine percent in 2020 and are expected to rise to 13 percent in 2023.
Amazon has asked India's antitrust regulator to revoke its approval for Future Retail's $3.4 billion sale of retail assets to Reliance, saying it was "illegally obtained", violating an order suspending the deal.
