Europe's biggest pure online fashion retailer trimmed its sales and profit outlook for the full year after quarterly results fell short of analyst expectations even though it reported a record number of customers.
England's run to the semi-finals of the soccer World Cup and a scorching summer encouraged shoppers in Britain to shop more in July, but overall spending rose only slowly, according to a survey of retailers.
Amazon, Microsoft and Alphabet are locked in a tight race to become the second publicly-listed U.S. company to reach a $1 trillion stock market value after Apple became the first to touch the 13-digit milestone.
The main UK subsidiary of Amazon.com Inc had a tax bill of 1.7 million pounds on profits of 72.4 million pounds in 2017 thanks to deductions related to share-based awards to staff, accounts published this week show.
Online retail giant Amazon.com Inc , whose entry into Australia last year rattled established bricks-and-mortar retailers, posted a modest loss in its earliest days in the country, corporate filings show.
China’s market regulator said on Friday that after a meeting with online discounter Pinduoduo Inc the company agreed to step up vetting of the products listed on its platform amid reports of counterfeiting.
Desigual CEO Thomas Meyer has acquired a 10% stake in the Spanish fashion brand, which was purchased by the Eurazeo investment firm in 2014. Meyer now becomes the sole shareholder of the Barcelona-based label.