AmEx will end up paying a settlement to credit card customers in Puerto Rico and other US territories for charging higher interest rates and engaging in discriminatory practices, federal regulators said on Wednesday.
Hudson's Bay will open its first store in the Netherlands on September 5 instead of September 19 as originally planned. The range will be younger and more fashion forward than that of its sister retailer Galeria Kaufhof.
Harrods’ Fine Watch Room is to get a makeover over the next year, with plans including expanding the space to house ten large boutiques and an elevated multi-brand area. The redevelopment is due to be completed in 2018.
Galeries Lafayette China has signed a letter of intention to open a second Chinese store in Shanghai. The project looks to be completed by the end of 2018, with the debut of a 23,000-square-metre outlet.
The German shipping company has opened its largest European hub in Rugby, England. The facility will process a record 1.5 million parcels a day, part of the company's effort to keep pace with booming UK e-commerce.