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Louis Vuitton chooses Shanghai for homewares and furniture store

Louis Vuitton chooses Shanghai for homewares and furniture store

Louis Vuitton stated plans to open a dedicated homewares and furniture outlet in Shanghai, a world first for the French luxury brand as it aims to expand further into lifestyle offerings to wealthy Ch... Read more

Amazon’s Prime Day-like event kicks off holiday discount frenzy amidst high inflation

Amazon’s Prime Day-like event kicks off holiday discount frenzy amidst high inflation

Amazon.com Inc. fired up the holiday shopping season with its second major sales event of the year as rivals from Best Buy to Walmart joined in with discounts to attract customers grappling with infla... Read more

H&M profits hurt by wary shoppers and surging costs

H&M profits hurt by wary shoppers and surging costs

The world’s No.2 fashion retailer H&M launched a 2 billion Swedish crown ($177 million) cost savings drive after reporting weaker-than-expected profits due to slowing consumer spending, soar... Read more

Amazon to organize a holiday shopping event in October

Amazon to organize a holiday shopping event in October

Amazon said that next month it would hold a second Prime Day-like shopping event, making it the latest major retailer to offer holiday deals earlier in 2022 to entice apprehensive consumers struggling... Read more

Amazon increases Prime subscription prices in Europe by almost 43%

Amazon increases Prime subscription prices in Europe by almost 43%

Amazon.com has announced that it’s increasing the prices for its Prime subscription service in Europe, with fees increasing by as much as 43% in some markets. The announcement comes some six mo... Read more

Danone reduces product range as shoppers hesitate at high prices

Danone reduces product range as shoppers hesitate at high prices

French food goliath Danone is cutting the variety of the products it sells to retailers to cut costs, meaning in the future, yogurt fans may miss out on the exact flavor or pot size they are used to. ... Read more

US cereal maker Magic Spoon closes $85m in the funding round

US cereal maker Magic Spoon closes $85m in the funding round

Cereal Maker Magic Spoon received US$85m in Series B funding round. The money will be completely utilized for the development of the company which includes selling directly to consumers. The funding... Read more


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