January retail footfall dropped in the UK with the 1.6% fall being bigger than the 1.3% drop a year ago. But at least it’s better than the three-month average of 1.8% that really underlined how tough UK retail is.
Alibaba Group Holding will pay about 5.45 billion yuan (625.62 million pounds) for a 15 percent stake in China's Easyhome, a home improvement chain, as the internet giant expands its investments in offline businesses.
Amazon.com Inc is testing a programme to ship its sellers' goods, sending shares in FedEx and UPS tumbling even though analysts and the companies played down any near-term threat to the two global delivery businesses.
Retailer C&A is expanding its recycling program ‘We Take it Back’ to Belgium, Luxembourg and Switzerland. Launched in 2012 in the Netherlands, the initiative has already collected 278,000 kilos of unwanted clothing.
The Netherlands’ State of Fashion has announced the dates and participants of the 2018 exhibition. The initiative, which focuses on the sustainable future of the fashion industry, will run 1 June-22 July 2018.
China's biggest e-commerce company Alibaba Group Holding Ltd will invest $486 million for a stake in a domestic big- data firm focused on hotels and retail, as part of a push to deepen its offline presence.
Orijit Sen of the Indian craft clothing brand People Tree has accused Christian Dior of plagiarising one of its textile designs, after it appeared on the cover of this month’s Elle magazine worn by Sonam Kapoor.