Boohoo, the fast-growing British online fashion retailer, has poached an executive of Primark to be its new chief executive, with a remuneration package that could pay him almost 58 million pounds in five years.
Metro AG plans to sell its struggling Real hypermarket chain, which some analysts say could fetch around 1 billion euros ($1.2 billion) and attract interest from potential buyers including online giant Amazon.
DLF Shopping Malls on Thursday announced the first edition of 'Fashion Month', a curated platform for brands to showcase their autumn-winter collections.
Walmart’s Jet.com said on Thursday it will sell Nike Inc products and offer more delivery options, beginning in its top market of New York City.
Flipkart is expanding the furniture category on its platform with the introduction of new sub-brand 'Pure Wood' as it looks to compete aggressively against not just its arch-rival Amazon but also IKEA in the Indian market.
Online retail sales in France rose 14.4 percent to 22 billion euros ($25.40 billion) in the second quarter, the country’s e-commerce federation (Fevad) said.
About 20 million people are expected to shop on various e-commerce platforms during the festive sale next month, translating into sales of around USD 3 billion for players like Amazon and Flipkart, says a report.
India's e-commerce market is set to grow three times to surpass USD 100 billion by 2022 and may trigger over a million jobs in the coming years, a report said.
Kingfisher (KGF.L), Europe’s second biggest home improvement retailer, has replaced the boss of its underperforming French business with the leader of its largest British operation.