The Advocate General of the Court of Justice of the EU has confirmed luxury goods manufacturers can prohibit their authorised retailers from selling products on third-party platforms such as Amazon or Ebay.
London's luxury shopping appeal was underlined Monday on news that a private jet firm has seen surging demand for London flights as even wealthy shoppers take advantage of post-Brexit vote luxury bargains.
As part of its review of Amazon's agreement to buy Whole Foods, the Federal Trade Commission is looking into allegations that Amazon misleads customers about its pricing discounts, according to a source.
Unilever did well in the first half on the back of cost cuts and some good brand performances. Its Dove, Sunsilk, Dermalogica, Dollar Shave Club and Living Proof brands all continued to grow strongly during the half.
Sir Philip Green has named Burberry's ex-chief merchandising officer Paul Price as CEO at the Topshop/Topman business with a remit to grow globally and expand its digital footprint. But will it also move upmarket?