JD.com Inc said on Wednesday it had raised $2.5 billion for its logistics arm, as the second-largest Chinese e-commerce firm seeks to further bolster its position in online retail in its home country and beyond.
H&M's e-tail business and new chains will be its biggest growth drivers in the next few years and are a focus for investment, it said Wednesday, as it also said that the start of the year has seen it discounting heavily.
One of Walmart's best chances at taking on Amazon are 6 giant server farms, which cost millions of dollars and took nearly 5 years to build. The retailer's recent results show the effort is finally starting to pay off.
The shock arrest of the head of South Korea's Lotte for bribery sent shares in group firms plunging on Wednesday as investors fretted about a leadership vacuum at the country's fifth-largest conglomerate.
Much has been made of millennials’ dedication to sustainable brands but, according to a new study from LIM College, a fashion product’s eco-friendliness may be far from their first consideration when making purchases.
Instagram has come to look more like rival Snapchat after copying some of its features, but marketers say Snapchat’s younger audience and safeguards against poor placement drive enthusiasm for ads on the smaller app.
Southern California-based Mad Engine has completed the acquisition of juniors and kids brand Mighty Fine, bringing the total amount of apparel company acquisitions for Mad Engine to four in the past year.