States are passing laws requiring online sellers to collect and remit sales taxes - including laws covering spending online during the holiday shopping season. But analysts say this might not give states what they hope.
Sosandar is continuing its sales climb with the company saying that its revenue soared over 400% in the latest half and that current trading is in line with expectations, its website seeing “record sales” in October.
SoftBank’s Vision Fund is investing an additional $2 billion in South Korea’s top e-commerce firm Coupang, the retailer said on Tuesday, as the loss-making startup seeks to cement its market dominance.
Investors who bought insurance meant to mitigate losses from Sears Holdings Corp's bankruptcy proceedings are claiming that a hedge fund that sold the insurance is improperly influencing market proceedings.
Gap Inc reported quarterly same-store sales below analysts' expectations on Tuesday, as its namesake brand posted another weak performance and its more affordable Old Navy line of clothing also missed estimates.
DBG is conducting its first ever round of international crowdfunding via the U.K.-based platform Crowdcube, with a current total of over £1.3 million raised. The campaign will continue to run for the next 26 days.
Buccellati, one of Italy’s last high-end independent jewelers, is actively seeking a buyer after its new Chinese owners pulled the plug on a 200-million-euro expansion plan, sources told FashionNetwork.com.
Kohl’s Corp shares slumped as much as 12 percent on Tuesday after the department store operator forecast full-year earnings largely below estimates, blaming rising shipping costs and higher holiday discounts.