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business-growth

Financial Markets

Online Retailer Boohoo.com Raises Full-Year Sales Forecast

Boohoo.com Plc has nudged up its full-year sales forecast, after a rise in new customers helped first-quarter revenue beat its expectations.

Financial Markets

Online Retailer Boohoo.com Raises Full-Year Sales Forecast

Boohoo.com Plc has nudged up its full-year sales forecast, after a rise in new customers helped first-quarter revenue beat its expectations.


Luxury

Op-Ed | The Great British Luxury Paradox

Compared to companies in France, Italy and Germany, only a few luxury brands from Britain have scaled up to become global powerhouses, but there's potential for more, argues Michael Ward.

Luxury

Op-Ed | The Great British Luxury Paradox

Compared to companies in France, Italy and Germany, only a few luxury brands from Britain have scaled up to become global powerhouses, but there's potential for more, argues Michael Ward.


Retail

Wal-Mart Says Tech Investments Will Boost Online Sales

Wal-Mart executives touted the technology investments the retailer is making to boost online sales, during the annual shareholder meeting.

Retail

Wal-Mart Says Tech Investments Will Boost Online Sales

Wal-Mart executives touted the technology investments the retailer is making to boost online sales, during the annual shareholder meeting.


Financial Markets

Michael Kors Rises After Forecast Exceeds Analysts’ Projections

Michael Kors released early summer products — including some that aren't available at other retailers — to bring customers into its stores.

Financial Markets

Michael Kors Rises After Forecast Exceeds Analysts’ Projections

Michael Kors released early summer products — including some that aren't available at other retailers — to bring customers into its stores.


Financial Markets

Mothercare Full-Year Profit Jumps on Turnaround Plan

Baby goods retailer Mothercare said full-year profit jumped 51 percent as the turnaround plan for its troubled British business made progress, sending its shares up as much as 9 percent.

Financial Markets

Mothercare Full-Year Profit Jumps on Turnaround Plan

Baby goods retailer Mothercare said full-year profit jumped 51 percent as the turnaround plan for its troubled British business made progress, sending its shares up as much as 9 percent.


Financial Markets

Alibaba-Backed Paytm Says It Has Enough Funds for Five Years

One97 Communications Ltd., the owner of an Indian online payment processor backed by Alibaba Group Holding Ltd.’s finance arm, said funds at its disposal were enough to last five years, enabling it to build a business model that is “predictable.”

Financial Markets

Alibaba-Backed Paytm Says It Has Enough Funds for Five Years

One97 Communications Ltd., the owner of an Indian online payment processor backed by Alibaba Group Holding Ltd.’s finance arm, said funds at its disposal were enough to last five years, enabling it to build a business model that is “predictable.”


Retail

Canadian Retailer Hudson's Bay to Open Stores in Netherlands

Canadian retailer Hudson's Bay Company says it plans to open up to 20 new stores in the Netherlands over the next two years, creating thousands of new jobs in a nation recently hit by the closure of a major chain of stores.

Retail

Canadian Retailer Hudson's Bay to Open Stores in Netherlands

Canadian retailer Hudson's Bay Company says it plans to open up to 20 new stores in the Netherlands over the next two years, creating thousands of new jobs in a nation recently hit by the closure of a major chain of stores.


Financial Markets

Amazon Will Become America's Top Clothing Retailer in 2017, Says Cowen & Co.

It's been a tough few weeks for retailers, yet Amazon's shares are up over two percent.

Financial Markets

Amazon Will Become America's Top Clothing Retailer in 2017, Says Cowen & Co.

It's been a tough few weeks for retailers, yet Amazon's shares are up over two percent.


Technology

E-Commerce Company JD.com's Revenue Jumps 47 Percent

JD.com Inc, China's No.2 e-commerce company, has reported a 47 percent rise in revenue, as sales on its platforms surged.  

Technology

E-Commerce Company JD.com's Revenue Jumps 47 Percent

JD.com Inc, China's No.2 e-commerce company, has reported a 47 percent rise in revenue, as sales on its platforms surged.  


Technology

Oliver Samwer Says Rocket Internet Investors Need to Think Long-Term

Rocket Internet's investors need to buy into its five to 10 year plans rather than focusing on short-term market fluctuations, founder Oliver Samwer told a German newspaper.

Technology

Oliver Samwer Says Rocket Internet Investors Need to Think Long-Term

Rocket Internet's investors need to buy into its five to 10 year plans rather than focusing on short-term market fluctuations, founder Oliver Samwer told a German newspaper.


Technology

Shopify Jumps After First-Quarter Revenue, 2016 Outlook Beat

E-commerce software provider Shopify Inc. rose in early trading after it reported first-quarter results that beat analysts’ estimates and boosted its full-year outlook as its mobile business continues to grow.

Technology

Shopify Jumps After First-Quarter Revenue, 2016 Outlook Beat

E-commerce software provider Shopify Inc. rose in early trading after it reported first-quarter results that beat analysts’ estimates and boosted its full-year outlook as its mobile business continues to grow.


Financial Markets

Chanel Winning Fight Against Luxury Grey Market, Says Bruno Pavlovsky

Chanel said its efforts to curb the grey market have been successful and are helping boost revenue in China despite weaker overall demand for luxury goods.

Financial Markets

Chanel Winning Fight Against Luxury Grey Market, Says Bruno Pavlovsky

Chanel said its efforts to curb the grey market have been successful and are helping boost revenue in China despite weaker overall demand for luxury goods.