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Intu Victoria Centre taken over by new management

Intu Victoria Centre taken over by new management

Global Mutual has been appointed asset manager of Intu Victoria Centre in a deal that gives one of the UK’s busiest shopping destinations a new lease of life.
Others
UK store closures hit new record says Local Data Company

UK store closures hit new record says Local Data Company

The number of high street shop closures hit a record level in the first half of 2020 amid a challenging year for retail and leisure.
Fashion
Alibaba pays $3.6 bn to take over China hypermarket giant SunArt

Alibaba pays $3.6 bn to take over China hypermarket giant SunArt

China's e-commerce behemoth Alibaba has bought a controlling $3.6 billion stake in SunArt which runs hundreds of hypermarkets on the mainland for French shopping giant Auchan.
Others
Instagram agrees curbs on paid influencers, says UK watchdog

Instagram agrees curbs on paid influencers, says UK watchdog

Facebook's Instagram has agreed measures to crack down on hidden advertising by paid so-called influencers on its photo and video platform, Britain's Competition and Markets Authority (CMA) said on Friday.
Others
The CFDA and PVH target inclusion, equity and diversity in new research study

The CFDA and PVH target inclusion, equity and diversity in new research study

With a particular focus on race and the topics of talent acquisition and retention, findings from the study will be shared in a white paper set to be released in the coming months.
Fashion
Intu agrees deal for Stoke-on-Trent shopping centre

Intu agrees deal for Stoke-on-Trent shopping centre

Stoke-on-Trent’s biggest shopping centre is set to undergo an overhaul after a deal was struck this week between Intu's administrators and London-based property management company MAPP.
Others
Taobao Taiwan shuts e-commerce site as government questions Chinese ownership

Taobao Taiwan shuts e-commerce site as government questions Chinese ownership

Taobao Taiwan shut its e-commerce site on Thursday after the government ordered the firm to re-register as China-backed or leave the island.
Others
Is YouTube set to be the next shopping destination?

Is YouTube set to be the next shopping destination?

There is just one step between a video and a shopping cart. At least that's what YouTube hopes to convince its worldwide consumers of.
Others
Ulta launches new 'transparency' initiative, Conscious Beauty

Ulta launches new 'transparency' initiative, Conscious Beauty

The initiative will certify brands across cosmetics, skincare, hair, bath and body categories based on five pillars: clean ingredients, cruelty-free, vegan brands, positive impact and sustainable packaging.
Beauty
Macy's names new CFO

Macy's names new CFO

​In the role, Adrian Mitchell will be responsible for leading all finance functions including accounting, treasury, investor relations, internal audit, financial/capital planning and analysis, and procurement.
Fashion
EU should press ahead with digital tax plans, France says

EU should press ahead with digital tax plans, France says

The European Union should press ahead with plans for a bloc-wide digital tax in case global talks at the OECD to rewrite international tax rules fail, French Finance Minister Bruno Le Maire said on Wednesday.
Others
Klarna faces UK probe over unsolicited emails

Klarna faces UK probe over unsolicited emails

The Swedish fintech company has been hit by a flurry of complaints after sending out its weekly newsletter to people who had never provided their email address.
Others
Michael Kors unveils 2020 Watch Hunger Stop campaign

Michael Kors unveils 2020 Watch Hunger Stop campaign

All profits made from the sale of each 2020 campaign t-shirt and tote will be donated to the United Nations World Food Programme, and used to provide school meals to children in food-insecure regions of the world.
Fashion
TikTok launches campaign to spotlight Black creators

TikTok launches campaign to spotlight Black creators

The 'Black History, Black Present and Black Future' campaign will include livestreams focused on Black culture and posts shared through the #myroots hashtag designed to celebrate TikTok's Black community.
Fashion
Pre-pack administration deals to come under scrutiny

Pre-pack administration deals to come under scrutiny

The UK Government has announced new measures to improve transparency within one of retail’s most controversial rescue tools, the pre-pack administration.
Others
CFDA analyzes environmental impact of NYFW in new study

CFDA analyzes environmental impact of NYFW in new study

Released in partnership with Boston Consulting Group (BCG), the study assesses the carbon footprint of a typical NYFW, and provides a playbook of guidelines and strategies for improving the event's environmental impact.
Luxury