Amazon.com Inc's Prime Now quick delivery service in Singapore, which launched on Thursday and kicked off its push into Southeast Asia, has been overwhelmed by demand, preventing it from taking on fresh orders.
UK consumer confidence has been relatively buoyant in recent periods given the dire warnings that had been issued before the Brexit vote. But in July, confidence dipped to a level last seen in July 2016.
H&M is to open in Christchurch, New Zealand, with a new two-level store due to open its doors on September 9. The new location will include the retail giant’s complete product line-up for the first time in the country.
Amazon CEO Jeff Bezos has unseated fellow tech billionaire Bill Gates as the richest person in the world, profiting from the e-commerce company's meteoric stock rise to reach a fortune of $90.6 billion, Forbes reported.
The group of Nordstrom family members seeking to take the eponymous U.S. department store private is offering preferential terms to potential equity partners willing to fund the buyout, according to sources.
French luxury group Kering delivered a forecast-beating rise in first-half operating profit on Thursday reflecting a continued revival of its biggest brand, Gucci, and a strong showing by Yves Saint Laurent.