Cinemas and fast fashion- Reforms change Saudi shopping habits
Designer clothes stores and high-end chocolate and flower shops are shutting and fast-fashion, fast-food, budget stores and cinemas are moving in.Cuts to electricity and petrol subsidies and a…
EU privacy body warns of privacy risks in Google, Fitbit deal
Google announced the deal in November last year, as it seeks to compete with Apple and Samsung in the crowded market for fitness trackers and smart watches.Fitbit, whose…
Oxford Street remains Europe’s busiest shopping hub, Regent Street top luxury attraction
In a year of severe Covid-related restrictions, especially hitting international travel, London’s Oxford Street attracted more footfall than its counterparts across Europe’s top 34 destinations.Meanwhile, neighbouring Regent Street…
PwC report identifies 10 investment areas for retailers
The investment areas listed in the report include mobile site. Shoppers favour mobile apps for augmented rewards and loyalty points from retailers, but view mobile sites as far…
UK retailer Philip Green denies U.S. assault charges
“Sir Philip strenuously denies these allegations and … they are minor categories of misdemeanour in the United States,” Arcadia Group said in a statement on Green’s behalf.“Contrary to…
China tariffs have a clear benefit to luxury retailers, say Cowen analysts
China’s recent revisions to tariffs have a clear benefit to luxury retailers, Cowen analysts said in a report. While the country raised import duties on several categories of…
VF Corp. launches new initiatives for racial equality
Building on its previously launched Council to Advance Racial Equity (CARE), the parent company of brands like Vans, The North Face, and Supreme said it will add a…
Walmart and Rubi Laboratories launch zero-waste carbon capture pilot
The manufacturing pilot will examine how Rubi’s technology could be integrated at a larger scale in the Walmart supply chain and test the capture of carbon emissions at…