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Financial Markets

Amazon Says ‘Prime Day’ Sales Up 30 Percent for Merchants

Amazon.com said Prime Day sales from third-party merchants surged 30 percent compared with a year earlier, fuelled largely by international demand.


News & Analysis

The Store of the Future

Physical retailers must stage experiences, embrace omnichannel and harness data to meet the needs and desires of today’s constantly connected, time-poor luxury consumers.


News & Analysis

Japanese Retailers Hurt by Discount-Seeking Shoppers

Japan’s discount-seeking shoppers drove some retailers into the red last quarter as an uncertain economic outlook persuaded consumers to tighten their purse strings.


News & Analysis

'Make America Great Again' Hats Fall Short of 'Made in USA' Claim

At least one of the hats in a small test sample did not contain the specific type of American-made fabric the hats' manufacturer insists his factory always uses.


News & Analysis

Condé Nast to Launch Vogue Arabia

BoF can reveal that Condé Nast will launch a Vogue Arabia edition online in the autumn, followed by a print magazine next spring, appointing Saudi Princess Deena Aljuhani Abdulaziz as its editor-in-chief.


News & Analysis

Dick's Sporting Goods Set To Win Auction for Bankrupt Sports Authority

Dick's Sporting Goods is set to win the auction for the intellectual property of bankrupt competitor Sports Authority with a bid of $15 million, according to people familiar with the matter.


Retail

Coach Turns to Mickey Mouse for Help Reviving Handbag Sales

Coach Inc. chief executive officer Victor Luis has a strategy to make the brand more edgy and cool: a cheeky Mickey Mouse sticking out his tongue.


Technology

Can New Technologies Thwart Counterfeiters?

New technologies have made it easier for counterfeiters to produce, advertise and distribute fake goods, but they also provide crucial tools for the industry to fight back.


News & Analysis

Brexit Vote Sends Tourists Flocking to London to Purchase Luxury Goods

By voting to leave the European Union, Britons have delivered a potential windfall to tourists eager to snatch up Burberry trenchcoats, Harrods Stilton and Liberty scarves on the cheap.


News & Analysis

Adidas Extends China Sports Push in Agreement With Billionaire

Adidas signed an agreement with billionaire Wang Jianlin’s Dalian Wanda Group to help develop soccer and basketball in China, as the German company seeks to capitalise on increasing interest in sports and fitness in the world’s most populous nation.