International News

Plastic waste makes up a significant share of the pollution in the world’s oceans. In particular, Asian countries are seeing a massive accumulation of ocean waste due to a lack of functioning waste management systems. The Philippines is the...

FAT (Fresh. Authentic. Tasty.) Brands Inc. announced that it has agreed to acquire the Johnny Rockets restaurant chain from an affiliate of private equity firm Sun Capital Partners, Inc. for approximately US$ 25 million. The deal will be funded through...

The COVID-19 pandemic has accelerated Singapore's push to digital payments, with rise in card payments and decline in cash usage, according to GlobalData, a leading data and analytics company. GlobalData estimates total card transactions (POS and ATM) in Singapore to...

British retailer Marks & Spencer launches e-commerce sites in Bahrain and Oman. Part of Al-Futtaim in the region, Marks & Spencer’s brand-new e-commerce sites in Bahrain and Oman offer customers access to more than 27,500 products across womenswear, menswear,...

British luxury fashion retailer Burberry launches its first social retail store in Shenzhen, China, powered by Tencent technology. ‘A store of tomorrow for today,’ Burberry’s first social retail store beautifully blends the physical and social worlds, offering a digitally...

Riding on surging online sales during the pandemic as people stayed home, Amazon reported solid second quarter results, registering a 40 percent increase in net sales to US$ 88.9 billion, compared with US$ 63.4 billion in the same period...

Beating the pandemic blues, Apple has posted US$ 59.7 billion in revenue for its fiscal 2020 third quarter ended June 27, an increase of 11 percent from the year-ago quarter, as iPhone sales beat the Wall Street estimates. Apple's board...

Over the past few months, Google has made significant changes to help businesses reach more consumers and help people find the best products, prices and places to buy online. The brand made it free for retailers to list products...

Face coverings must be worn in shops, supermarkets, indoor shopping centres and transport hubs - such as train stations and airports - in England from Friday as part of the next stage of the UK government's official guidance to...

The operator of Ann Taylor and Lane Bryant filed for Chapter 11 bankruptcy protection on Thursday, the latest retailer to do so during the pandemic. Mahwah, New Jersey-based Ascena Retail Group Inc., which operates nearly 3,000 stores mostly at...

The growth of Hong Kong e-commerce market has been revised up, considering the positive push due to coronavirus (COVID-19) outbreak, according to estimates by GlobalData, a leading data and analytics company. An analysis of GlobalData’s E-Commerce Analytics reveals that the...

Retail giant Walmart has made it mandatory for its customers across the US to wear face coverings starting July 20. The mandate on Wednesday came as the number of confirmed COVID-19 cases spiked in communities across the country recently, reports...

Asia is expected to remain a dominant player in garment production over the coming decade even as China looks to reduce its apparel manufacturing operations and move up the value chain, analytics firm Fitch Solutions said in a report...

RTW Retailwinds, Inc., an omnichannel specialty apparel retail platform for powerful celebrity and consumer brands, announced that it and its subsidiaries have filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy...