International News

Setting a new record, Chinese e-commerce giant Alibaba has posted 24.3 percent jump in total sales to US$ 38.3 billion during the 11th edition of mega Singles' Day shopping event. The high-double digit growth in the Global Shopping Festival, branded...

Goldman Sachs has dominated the latest mergers and acquisitions (M&A) league table of the top 10 financial advisers in the retail sector based on deal value in the first three quarters (Q1-Q3) of 2019, according to GlobalData, a leading...

Starbucks Corporation has reported financial results for its 13-week fiscal fourth quarter and 52-week fiscal year ended September 29, 2019. GAAP results in fiscal 2019 and fiscal 2018 include items which are excluded from non-GAAP results. Please refer to the...

With over 90 years experience in area of lingerie, Marks & Spencers will exhibit the brands long-term commitment to the cause of breast cancer awareness. The campaign encourages consumers to donate the balance after they shop at M&S stores,...

Alibaba Group Holding Limited kicked off its 2019 11.11 Global Shopping Festival, taking the annual celebration into its second decade with a focus on 'new consumption,' 'new business' and actively contributing to a greener society. “Our goal is to stimulate...

Few months back, Walmart announced InHome Delivery, the latest innovation aimed towards giving time back to families by delivering fresh groceries and everyday essentials directly into their kitchen or garage fridges. Now, for the first time ever, the brand has...

Japanese cosmetics brand RMK has launched a new flagship store on Chinese e-commerce giant Tmall Global. The move is part of RMK’s larger focus to tap the lucrative Asia-Pacific (APAC) beauty market and create stable platform for beauty brands...

Go Global Retail announced plans to acquire the assets of ModCloth, a digitally native retailer of unique women's fashion and accessories. Founded in 2002, ModCloth offers exclusive indie and vintage-inspired women's clothing, shoes, handbags and accessories for 18-35 year-old...

American Eagle Outfitters announced the launch of MOOD, a wellness and personal care product line offered exclusively at American Eagle stores and online. The genderless collection features a broad range of personal care products, bath essentials and aromatherapy with six...

Forever 21 announced that it and its U.S. subsidiaries have commenced voluntary chapter 11 cases in the United States Bankruptcy Court for the District of Delaware. The company also announced that its Canadian subsidiary filed for and was granted protection...

Suning.com announced that it has completed the acquisition of Carrefour China, marking the start of the Suning era for Carrefour China. The news follows the deal announced earlier this year (June 23), when Suning.com revealed it intended to acquire an...

Amazon's latest innovation in the online payment world is something called... cash. The e-commerce giant said Wednesday it was rolling out a cash payment option for US customers that has already been used in 19 other countries. According to a...

This fall 2019, GUESS is introducing GUESS Eco: a collection for men and women made with environmentally conscious materials and manufacturing processes. The collection supports the brand’s sustainability goal to develop 25 percent of its denim and source 20...

Tapestry will be one of the first companies to collaborate with Tmall in adopting the recently unveiled Flagship Store 2.0, beginning later this month. The upgraded platform will provide Tapestry’s brands with powerful tools to feature customized content, and...