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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.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
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 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.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
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
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