From Nike Inc and Under Armour to Levi's, major brands are distributing clothing and accessories directly through Amazon.com, attracted by more than 100 million Prime members and its advanced delivery network.
Manchester-based The Hut Group has increased its bank borrowing to $1bn (about £766m) and welcomed Shanghai Pudong Development Bank as an investor to support “major investments in beauty, technology and infrastructure”.
Analysts have said recent decisions by the Competition and Markets Authority (CMA) suggest it won't shy away from intervention, and some conditions it could apply may prove too costly to make a deal worthwhile.
UK store portfolios could be cut by as much as 20% as the migration to online, Brexit uncertainty and increasing consumer caution continue to bite, according to a quarterly update from KPMG/Ipsos Retail Think Tank (RTT).
The owner of Espa, Glossybox and Lookfantastic has secured a new $1 billion banking facility as it continues to build its beauty and wellness portfolio to become the global digital leader in the sector.