Asia leads digital retail market over Europe, Asia- Bain

In 2017, China’s online retail penetration was 20 per cent and its CAGR (13-17) was 33 per cent. In comparison, the US achieved an online retail penetration rate of 12 per cent in…

Amazon Studios chief Roy Price suspended following harassment allegation

The Hollywood Reporter on Thursday reported an allegation by Isa Hackett, a producer on one of Amazon.com Inc’s shows, that Price had lewdly propositioned her in 2015.Amazon said in a statement: ”Roy Price…

French fashion retailers demand greater state support after riots

“It’s imperative that [social security] payments are deferred, but we’re also asking for a special compensation fund for the retailers affected to be set up, so that they won’t have to pay any…

From sewing machines to sports shoes- Britain’s Covid-19 shopping habits

The department store commissioned market research firm OnePoll to survey 2,000 UK adults in April 2020 to explore how the nation’s behaviour changed during the pandemic. The findings were combined with sales data…

French skiing industry estimates €1 billion pandemic-induced loss to retail, manufacturing activity

“The situation is critical” for the industry as a whole, said Virgile Caillet in a press conference on Tuesday. Caillet is the delegate general of Union Sport et Cycle (USC), the association representing…