European Luxury Stocks Face a Tough Second Half, HSBC Says
HSBC analysts downgraded LVMH and Burberry to hold as they said the second half of the year looks harder for soft luxury to navigate.
Mobile Commerce
Latest News & Analysis
Technology
Japanese Internet Giants Join Forces as Mobile Payment Race Heats Up
Line and Mercari are teaming up to face powerful rivals, such as Ratuken, SoftBank and India's Paytm.
Japanese Internet Giants Join Forces as Mobile Payment Race Heats Up
Line and Mercari are teaming up to face powerful rivals, such as Ratuken, SoftBank and India's Paytm.
Technology
Fashion in 2018 | 06. Mobile Obsessed
As mobile-first consumers are choosing the convenience of using their phones for transactions, fashion companies will in 2018 begin to realise the opportunities this brings.
Fashion in 2018 | 06. Mobile Obsessed
As mobile-first consumers are choosing the convenience of using their phones for transactions, fashion companies will in 2018 begin to realise the opportunities this brings.
Technology
How an Amazon PayPal Clone Could Threaten Other Payment Services
Amazon has hinted that it may be moving in this direction, as it promotes its branded checkout button on merchant websites and offers Prime members rewards when they use a debit card to reload gift cards.
How an Amazon PayPal Clone Could Threaten Other Payment Services
Amazon has hinted that it may be moving in this direction, as it promotes its branded checkout button on merchant websites and offers Prime members rewards when they use a debit card to reload gift cards.
Technology
Report: Amazon Bids for Indian Payments App FreeCharge
Amazon is trying to buttress its digital payments operations as it takes on local rivals including Paytm and Flipkart.
Report: Amazon Bids for Indian Payments App FreeCharge
Amazon is trying to buttress its digital payments operations as it takes on local rivals including Paytm and Flipkart.
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Financial Markets
News Bites | NewStore Lands $50 Million in Funding
In today’s News Bites, mobile retail platform NewStore shares its plans to take on Amazon after a Series B funding round.
News Bites | NewStore Lands $50 Million in Funding
In today’s News Bites, mobile retail platform NewStore shares its plans to take on Amazon after a Series B funding round.
Technology
WhatsApp Joins Arsenal of Online Luxury Amid Race for Customers
By becoming one of the first companies to use WhatsApp to sell directly to customers, Yoox Net-a-Porter is seeking a leg up on competitors like Farfetch and luxury brands’ own sites.
WhatsApp Joins Arsenal of Online Luxury Amid Race for Customers
By becoming one of the first companies to use WhatsApp to sell directly to customers, Yoox Net-a-Porter is seeking a leg up on competitors like Farfetch and luxury brands’ own sites.
China
The China Edit | Chinese Tourist Spending Falls, Alibaba Hits Australia
This week, why the average Chinese tourist is spending less abroad, while the Alibaba Group expands into Australia and New Zealand.
The China Edit | Chinese Tourist Spending Falls, Alibaba Hits Australia
This week, why the average Chinese tourist is spending less abroad, while the Alibaba Group expands into Australia and New Zealand.
News & Analysis
What Facebook's Head of Advertising Wants to See Happen in 2017
"Facebook should help people directly order food, buy tickets to events, find out what to do on a Saturday night and shop until their heart's content
What Facebook's Head of Advertising Wants to See Happen in 2017
"Facebook should help people directly order food, buy tickets to events, find out what to do on a Saturday night and shop until their heart's content
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China
The China Edit | Millennial Spending Poses Debt Risk, Michael Jordan Scores Legal Win
Spending and borrowing by Chinese millennials poses a risk to China's fast-growing debt, and basketball player Michael Jordan scores a legal win for his Chinese name.
The China Edit | Millennial Spending Poses Debt Risk, Michael Jordan Scores Legal Win
Spending and borrowing by Chinese millennials poses a risk to China's fast-growing debt, and basketball player Michael Jordan scores a legal win for his Chinese name.
Technology
As Online Sales Soar, Brands Must Boost Digital Innovation
Booming e-commerce sales on Black Friday underscore the need for continued digital investment, but front-end upgrades are only the tip of the iceberg.
As Online Sales Soar, Brands Must Boost Digital Innovation
Booming e-commerce sales on Black Friday underscore the need for continued digital investment, but front-end upgrades are only the tip of the iceberg.
China
The China Edit | Mobile Retail Seen Reaching $1.4 Trillion, Demand for Online Luxury Rental Grows
China's mobile retail spending is expected to grow to $1.4 trillion by 2019 and luxury dress rental services are catching on among fashion-savvy and status-hungry consumers in smaller Chinese cities.
The China Edit | Mobile Retail Seen Reaching $1.4 Trillion, Demand for Online Luxury Rental Grows
China's mobile retail spending is expected to grow to $1.4 trillion by 2019 and luxury dress rental services are catching on among fashion-savvy and status-hungry consumers in smaller Chinese cities.
News & Analysis
How China’s Mobile Retail Spending Will Just Keep Ringing Up
"There are over 1.3 billion mobile subscribers in China, and the country’s mobile commerce industry is expected to be worth US$1.41 trillion by
How China’s Mobile Retail Spending Will Just Keep Ringing Up
"There are over 1.3 billion mobile subscribers in China, and the country’s mobile commerce industry is expected to be worth US$1.41 trillion by
The News in Brief
Richemont Promotes Johann Rupert’s Son In Succession Plan
The Swiss luxury group appointed Anton Rupert, 39, as non-executive co-deputy chairman in charge of creative and commercial direction, signaling a long-awaited succession plan for founder Johann Rupert is underway.
Zara Owner’s Sales Grow, But Profit Disappoints As Expenses Mount
Inditex’s sales growth accelerated at the start of the third quarter as it continued to outpace rivals, but rising depreciation charges ate into profits.
Theory Appoints James Kelly Global CEO
A veteran at Fast Retailing, Kelly previously held the role of US chief financial officer at the brand.
Nike Shareholders Reject Climate Proposal Backed by Norway Wealth Fund
The proposal urged more transparency about the company’s climate goals, including the disclosure of details on how the sportswear maker intends to achieve emissions-reduction targets.
Report: CVC Explores $2 Billion Sale of Dr Teal’s Parent Company
Talks for a potential sale of Arthea, formerly known as PDC Brands, are at an early stage in a busy year for personal care mergers and acquisitions.
Longtime McQueen Collaborator Shaun Leane Launches New Label
The boundary-pushing jewellery designer, known for the elaborate pieces he crafted for Alexander McQueen in the 90s, is building a bespoke high jewellery and objects label dubbed 12.
Next Wins Appeal in UK Equal Pay Case
The landmark ruling allows the retailer to pay warehouse workers more than shop staff on the basis it costs more to recruit and retain them.