France plans to cut the length of state-regulated discount sales to stoke up flagging enthusiasm among shoppers tempted by myriad bargain-hunting opportunities outside of official sale periods, notably online.
L‘Oreal, the world’s biggest cosmetics company, beat third quarter sales expectations on Thursday thanks to surging demand from Chinese consumers and strong appetite for Lancome and its other luxury brands.
The world's biggest cosmetics company said on Friday it was launching a programme of start-up collaborations in Paris as it ramps up digital investments and seeks out new beauty products like its "smart" hairbrushes.
Amazon was told on Wednesday to pay about 250 million euros (221.44 million pounds) in back taxes to Luxembourg, the latest U.S. tech company to be caught up in a European Union crackdown on unfair tax deals.
European leaders upped the pressure on mostly U.S. tech giants to pay their share of taxes in the European Union and abide by the bloc’s rules when they met on Friday, but were still far from a consensus on the issue.