Retail was in trouble long before Covid-19 hit. The past five years saw daily reports of store closures and retailer bankruptcies. The growth of online commerce eroded many retailers' top-line revenues...
Frederic Dimanche 6 Jul 2020
Forrester predicts that due to the coronavirus, retail sales in 2020 will decline by an average of 9.6% globally, a loss of $2.1tn...
7 May 2020
Instagram has launched a @shop account, essentially a curation of posts from online merchants that sell products through the image-sharing app.
14 May 2019
On 20 March 2018, Amazon became the second most valuable company in the world, with a market capitalisation exceeding $768 billion...
Isabelle Chaboud 24 Apr 2018
It stands to reason that the weather can affect the sales of certain products. More rainfall generally means that consumers purchase less sunscreen...
Luxury goods maker Hermes said on Wednesday it booked record sales in 2016, thanks to strong demand in all regions...
9 Feb 2017
PARIS - French cosmetics giant L'Oreal said Tuesday it had agreed to buy three leading skincare brands from Valeant for $1.3 billion in a move set to give its US offering a facelift...
11 Jan 2017