Klepierre has re-opened 80% of its European malls and hopes to re-open 90% of them within 10 days, the company said on Tuesday, as global businesses slowly return to work after the coronavirus shutdown.
Nordic sporting goods retailer XXL is bringing back its furloughed employees in Norway and Finland as demand rebounds after the coronavirus downturn that began in March, the Oslo-listed company said on Tuesday.
Amazon.com Inc is in advanced talks to buy self-driving startup Zoox Inc, in a move that would expand the e-commerce giant's reach in autonomous-vehicle technology, the Wall Street Journal reported on Tuesday.
Macy's Inc said on Tuesday it planned to raise $1.1 billion (£893.36 million) in a bond offering, backed by a first mortgage on some of its properties, to repay funds borrowed under a revolving credit facility.
Designers are clamoring for a radical change in the fashion system; for less seasons and shows and later fashion week dates. But Carlo Capasa, president of the Camera, still expects to have four Fashion Weeks per year.
There are big questions around how keen consumers will be to return to physical shops once non-essential UK stores reopen in the middle of June, but the indications so far are that there's plenty of pent-up demand.