International News

US retailers Sears and Kmart's websites no longer sell products from the Trump Home line, which is owned by the Trump Organisation, a Business Insider report said. As of Friday, a search for Trump Home items on both retailers' websites...

One of the world's best known lingerie brands, Victoria's Secret, is all set to open a new store in UK's Brighton. The 9,000 sq. ft. store will be located in Churchill Square’s Upper Mall, next to River Island and Next,...

As a part of rebranding effort, Abercrombie & Fitch will unveil its first store remodel in more than 15 years on February 17 at the Polaris Fashion Mall in Columbus, Ohio. The new store is designed by MJ Sagan Architecture....

Australian grocery giant Woolworths said on Tuesday that it will now accept UnionPay cards, China's leading debit and credit cards, at its stores. Woolworths will offer all forms of UnionPay payment, including the contact-less mobile based transactions at its terminals,...

China's recent recovery in luxury spending may boost sales of department store operators and high-end retailers in the country, according to global ratings agency Fitch. Reports from international brands such as Coach, Swatch and LVMH suggest luxury spending in China...

American luxury retailer, Nordstrom announced that it will stop selling Ivanka Trumps clothing and accessories line, the media reported. "We've said all along we make buying decisions based on performance," Nordstrom said in a statement on Thursday. "In this case, based...

New York-based fashion house DKNY - specializing in fashion goods for men and women - has recently relaunched its website in association with brand and retail technology and solutions company, Farfetch’s Black & White Division and New York-based advertising agency, Wondersauce. The idea...

US coffeehouse chain, Starbucks has pledged to hire 10,000 refugees over the next five years in the 75 countries where it does business in response to President Donald Trump's order banning travel from seven Muslim majority countries, the media...

In a bid to expand online payment business in the US after a successful run in India with Paytm, Chinese e-commerce giant Alibaba's digital payments arm Ant Financial has bought global money-transfer service MoneyGram for nearly $880 million. The transaction...

According to Credit Suisse analysts led by Eugene Klerk, with a current market cap of $390 billion, Amazon is now worth more than the top eight traditional brick-and-mortar retailers combined. The note by the analysts' goes on to say that the Seattle-based retail...

Japan's consumer prices dropped for the first time in four years in 2016 by 0.3 per cent from a year earlier, the government said on Friday. It shows the country is still grappling with deflationary pressure despite the Bank of...

Starbucks Corporation announced on Wednesday the nominations of President and Chief Executive Officer of Sam's Club (a division of Walmart), Rosalind Brewer; Executive Chairman of the LEGO Brand Group, Jørgen Vig Knudstorp; and CEO of Microsoft Corporation, Satya Nadella, to...

The Kroger Co. on Monday announced that its family of stores is hiring to fill an estimated 10,000 permanent positions in its supermarket divisions. The company also announced that its total active workforce grew by more than 12,000 associates in 2016....

Taiwan technology giant Foxconn is teaming up with Cupertino, San Francisco-based Apple to set up a display-panel manufacturing facility in the US with an investment of $7 billion, the media reported on Monday. "The facility could create between 30,000 and...