Volumes on PayPal Inc's 'buy now, pay later' platform were five times higher this Black Friday compared with a year earlier as the payments giant starts to gain traction in the fast-growing credit method.
The tighter restrictions Germany has introduced to try to limit the spread of Covid-19 are putting people off from shopping in the usually busy run-up to Christmas, the country's association of retailers said on Sunday.
River island is boosting its presence abroad with the British fashion chain opening in Canada in a deal with major retailer The Bay that currently takes in the webstore but will be expanded to stores next year.
The Paris trade court has ruled in favour of the creditors of SMCP’s Chinese owners. The creditors hold a 29% stake in the fashion group and wanted to convene an AGM to solve the group's ownership issues.