Online grocer and technology company Ocado entered Britain's index of biggest companies on Wednesday in a quarterly reshuffle of the FTSE 100 which clearly showed the zeitgeist in a disrupted retail industry.
With nearly 500 million Indians using the internet in 2018 and many just dipping their toes into online shopping, private labels will woo price-sensitive customers and create loyalty and higher margins, say analysts.
News of UK retailers cutting their store estates have dominated the headlines in the lasts weeks, but new research has warned that if department stores don’t improve their websites, their efforts will be in vain.
Skimpy men's swimwear has topped a survey of the least favourite fashion items in the UK with leather trousers and Crocs also proving to be unpopular while slip-on shoes, hoodies and leggings got a thumbs-up.
Tencent Holdings, which owns China’s top social media app WeChat, has scrapped an investment of up to 30 million yuan ($4.7 million) in a content start-up that has been criticized for its handling of copyright issues.