Tuesday, June 18, 2019

Inside India’s E-Commerce Battle Royale

Hello there.  This is Saritha Rai from India. It was a high-octane, multiday, multicity blowout of the kind that India has never seen — and...
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This Near $1 Billion Startup Is Led by a 27-Year-Old Female...

Zilingo Pte’s path to becoming a fashion platform with a valuation approaching $1 billion began in December 2014 when Ankiti Bose, then an analyst...
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Qatar Fund Buys Chunk of $5.6 Billion Manhattan Portfolio

(Bloomberg) -- Qatar is betting big on some prime retail on Fifth Avenue and Times Square. Vornado Realty Trust sold almost half of a $5.6 billion...
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City Centre Sohar, Oman to open in Jan 2019

A new $117m City Centre Sohar in Oman to open in Jan 2019 The mall will have more than 120 stores, a nine-screen VOX Cinemas...
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Alibaba raises $1bn in 85 seconds during Singles’ Day sale

Chinese internet giant Alibaba raked in $1bn (£780m) in just 85 seconds during yesterday’s Singles’ Day sale in China. The e-commerce company - China’s equivalent...
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Nike opens MENA’s biggest store at Dubai Mall

Nike in partnership with local distributor Sun and Sands Sports has opened the doors of its brand-new store at The Dubai Mall. Sprawling across 3,290...
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Ralph Lauren’s Plan to Lure Younger Shoppers Is Simple: Hype

Ralph Lauren isn’t just about plain polo shirts and peacoats anymore. It’s about the hype. Looking for some buzz, the 52-year-old fashion house using tactics...
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Gucci’s 28 Percent Growth Fails to Clear High Bar Set by...

Kering SA’s Gucci label outpaced competitors in the fourth quarter, though the 28 percent sales growth won little applause from investors who had high...
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Arnault Gets $4.3 Billion Richer in a Day, Closing In on...

Bernard Arnault, the world’s fourth-richest person, added $4.3 to his fortune Wednesday as Chinese consumers’ growing appetite for handbags and Hennessy cognac boosted results...
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Debenhams to Close 22 Stores Next Year, Threatening 1,200 Jobs

(Bloomberg) -- Debenhams, the embattled U.K. department-store chain that was taken over by its lenders earlier this month, plans to close as many as 22...
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