The Death by Amazon Index launched in 2012 is now being joined by new exchange-traded funds launched Thursday, which allow investors to bet on the decline of traditional retail or on the rise to supremacy of online sales.
The Chinese internet giant said on Monday it would invest HK$22.4 billion (2.17 billion pounds) for a major stake in China's top hypermart operator, Sun Art Retail Group Ltd, part of a wider push into offline retail.
If there was anything Azzedine Alaïa, the revered designer who died aged 77 this weekend, enjoyed more than actually making clothes, it was a meal with his “family” of supermodels, bold face names, artists and stars.
China's Singles' Day online discount sales bonanza saw bargain-hungry buyers spend over $38 billion, flooding the postal businesses with 331 million packages - and leaving an estimated 160,000 tonnes of packaging waste.
Black Friday will see Britons going on a £2.6BN shopping spree and spending £1.8M a minute, a new study shows. Spending on the day will rise 8% and over Black Friday week, it should rise 4% to £10.1bn.
This season, the men's tradeshow takes inspiration from the cinema, unveiling a "film festival" theme for January. The return of major names, as well as special events and new collaborations, are all part of the glamour.
The Left Bank department store has revealed the theme of its next big exhibition, slated to open next February – "Let's go logo" – as well as two exclusive guests: the brands Off/White and Lola James Harper.