Sachin Bansal, co-founder of e-commerce giant Flipkart, has mounted a court challenge against India's financial crime-fighting agency, which has accused him and others of violation of foreign investment laws.
The DTC glasses specialist is taking its first step into physical retail through a collaboration with the regional supermarket chain, which will see the brand open kiosks in select Hy-Vee locations across the Midwest.
The French label bought in 2018 by Chinese group Icicle is relaunching in Europe. It recently upgraded its website and dropped a new perfume, and has now revamped its long-established Champs-Elysées flagship in Paris.
A darker side to the UK retail revival is a warning of rising consumer debt. The fast-growing ‘buy-now, pay-later’ services in the UK now sees one in 10 consumers opting to buy goods using this form of arrangement.
Personalisation remains key in the battle to attract online customers, a new report confirms. According to research among 200 UK retailers, 90% of retailers have implemented some form of personalisation strategy.
H&M Group had lots of news this week with the firm’s CEO taking part in the Fashion Future conference, its Monki brand joining the Zalora platform, and the launch of its most recycled denim collection yet.
Shandong Ruyi, the Chinese group that owns a raft of European brands, continued to struggle in H1. Turnover fell 20.43% with the clothing category down 44.67% and the share of revenue it accounted for dropping sharply.