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.
EU state aid regulators will investigate whether Ikea's tax arrangement with Dutch tax authorities helped cut its tax bill, the latest crackdown on unfair tax deals between multinationals and EU countries.
Amsterdam's exhibition center Beurs van Berlage is hosting Legendary Trunks, a show consisting of 300 authentic objects from the French fashion house, Louis Vuitton, which were donated by a private collector.
House of Fraser has signed a deal with a property-tech startup that will see the UK department stores giant hosting pop-up concessions in stores for small retail brands and expanding its experiential offer on the way.
Superdry is ramping up its sport ambitions following the launch of its separate Superdry Sport label and on Monday it said it has become official clothing supplier for the UK delegation to the Invictus Games.
The Christmas shopping season may not have been one of the best in the UK, but Christmas Day itself will see a healthy rise in e-shopping, followed by a good Boxing Day increase, a new report said Monday.
Chinese social media firm Tencent Holdings Ltd and e-commerce platform JD.com Inc on Monday said they will jointly invest $863 million (647.27 million pounds) in Chinese discount online retailer Vipshop Holdings Ltd.
Chinese social media firm Tencent and e-tail platform JD.com on Monday said they will jointly invest $863 million in Chinese discount online retailer Vipshop Holdings Ltd, upping its rivalry in retail with Alibaba Group.