Retail

A new federal housing law is now in effect, with provisions meant to boost supply, ease financing and limit some corporate home purchases, though experts say buyers are unlikely to see quick results.

Brands that pioneered new product categories are leaning on innovation, retail expansion and intellectual property protection to defend their lead as imitators enter the market.

Thai fashion e-commerce startup Pomelo plans to offer its analytics and demand forecast technology to other fashion brands in the region, its chief executive recently announced. This comes as an effort to boost revenue for the company amid slowing physical store sales. Pomelo chief executive David Jou stated during an...

Stock markets across the Middle East have rallied this past week as a result of optimism surrounding the ongoing coronavirus vaccine rollouts taking place across several nations in the region. The front runner is the United Arab Emirates, while indexes in Israel and Oman have also increased significantly thanks to...

Johnson & Johnson stocks slid by 0.2% during afternoon trading on Wednesday after reports of its coronavirus vaccine candidate falling two months behind schedule. While the pharmaceutical company had initially planned to have 12 million doses of its vaccine ready for distribution by the end of February, several delays have...

Salomon is expanding its U.S. store base, with plans for new locations in key cities and continued investment in wholesale as it builds its North American presence.

Kering SA, the owner of luxury brands such as Gucci and Saint Laurent, decided to sell its 5.9% stake in Puma SE; the equivalent to a $1 billion share in the company. In total, the French company sold 8.9 million shares to the value of 90.3 euros per share....

Thanks to a recent decision by the European Union, vehicle manufacturers such as BMW and Tesla are now able to receive as much as 2.9 billion euros ($3.5 billion) for battery projects that will enable the faster production of more electric vehicles. This decision to provide aid comes as the...

The surging inflation didn't make a significant mark on the spending power of Americans as predicted. On the contrary, according to a report by Commerce Department, the retail sales went up in January by 3.8 percent after a 2.5 percent dive in December. The data shows that the total spending...

Despite the continued increase on raw materials shortages, US business inventories experienced strong growth during the month of June, rising by 0.8%. This follows a 0.6% rise in May. While motor vehicle retailers continue to face restocking difficulties, resulting in a 0.3% inventory decrease, other inventories enjoyed stable gains. Retail...