Some fashion businesses are now looking to meet the demand for new styles through digital designs, convincing customers to pay real cash for virtual clothes that are digitally “fitted” onto users’ photographs.
Since De Beers abandoned its decades-old policy of refusing to sell lab-grown diamonds as jewellery, the price gap between man-made stones and natural gems has widened - and the difference is set to get even bigger.
The purchase by Sports Direct of department store group House of Fraser drew a cautious response from analysts on Monday, with some saying the deal could backfire on Mike Ashley, the sportswear retailer's founder.
Israel’s diamond exchange is turning to digital currencies to inject new life into a marketplace long ruled by cash and backroom handshakes, but it must first persuade conservative players that the technology works.
More mainly bad news about UK retail came Monday. New footfall figures showed store traffic was well down on last year and this weekend won’t offer much relief, even if the five days to Friday should be more buoyant.
For investors in Australia's Westfield, its $16 billion (£12 bn) sale to European property giant Unibail-Rodamco may mark a turning point for an industry under pressure to reinvent itself amid fierce online competition.
Aung San Suu Kyi's ruling party will offer a glimpse of its plans for Myanmar's economy this week, in a long-awaited announcement that seeks to reassure businesses and investors who have grown increasingly worried by ...
Adidas has launched a new store blueprint for its Originals fashion brand with a Wi-Fi equipped lounge and mobile charging points, aiming to persuade younger shoppers to linger longer and spend more in its high-margin...