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Visa complains to U.S. govt about India backing for local rival RuPay

Visa complains to U.S. govt about India backing for local rival RuPay

Visa Inc has complained to the U.S. government that India's "informal and formal" promotion of domestic payments rival RuPay hurts the U.S. giant in a key market, memos seen by Reuters show. 
Fashion
Frank And Oak announces retail expansion, first store in China

Frank And Oak announces retail expansion, first store in China

Montreal-based Frank And Oak is ending the year with retail expansion plans including its first foray into China.
Fashion
Japan Oct retail sales rise for first time in 3 months but less than expected

Japan Oct retail sales rise for first time in 3 months but less than expected

Japan's retail sales rose for the first time in three months in October, though less than expected, data showed on Monday, a sign private consumption has yet to pick up strongly despite the easing of COVID-19 curbs.
Fashion
Amazon exec says Omicron's impact on holiday spending uncertain

Amazon exec says Omicron's impact on holiday spending uncertain

A senior Amazon.com Inc executive said it remains too early to predict how the Omicron coronavirus variant will impact consumer spending during the holiday season but suggested that shoppers will press ahead for now.
Fashion
Amazon to open Abu Dhabi fulfilment centre by 2024

Amazon to open Abu Dhabi fulfilment centre by 2024

Amazon has partnered with Abu Dhabi Investment Office to establish a fulfilment centre by 2024 to be built in accordance with the company's carbon-reduction strategies, the Abu Dhabi government's media office said. 
Fashion
Katla teams up with Shelly Xu, launches zero-waste hoodie

Katla teams up with Shelly Xu, launches zero-waste hoodie

Katla has teamed up with designer Shelly Xu and her namesake start-up Shelly Xu Design (SXD) to introduce a new collaboration rooted in zero-waste design. 
Fashion
U.S. Black Friday shoppers tapered online splurge, as some returned to stores

U.S. Black Friday shoppers tapered online splurge, as some returned to stores

U.S. shoppers spent less online during Black Friday this year, with many venturing back to physical stores despite coronavirus fears, tight supplies, and retailers' efforts to encourage earlier holiday purchases.
Fashion
German retail suffers at start of crucial Christmas season

German retail suffers at start of crucial Christmas season

A surge in coronavirus cases in Germany has led to a disappointing start to the Christmas season for retailers in Europe's biggest economy, the sector body said on Sunday.
Fashion
Z Supply announces launch of charitable Z Supply Foundation

Z Supply announces launch of charitable Z Supply Foundation

The Californian womenswear brand has announced the creation of the Z Supply Foundation, which launches with an educational initiative directing the company’s Black Friday sales into a scholarship fund.
Fashion
Boardriders appoints new COO

Boardriders appoints new COO

The California-based board sports equipment group has reportedly named Deborah Palmer Keiser as its new chief operating officer.
Fashion
UK Black Friday transactions beat pre-Covid numbers says Barclaycard

UK Black Friday transactions beat pre-Covid numbers says Barclaycard

​Black Friday spending volumes exceeded those of both 2020 and the pre-pandemic shopping day in 2019, Barclaycard said as stores closed on Friday.
Fashion
For Americans, convenience of buy-now-pay-later services come with risks

For Americans, convenience of buy-now-pay-later services come with risks

According to a study by consulting firm McKinsey, buy-now-pay-later services represented six percent of unsecured loans in the United States in 2016, nine percent in 2020 and are expected to rise to 13 percent in 2023.
Fashion
Amazon asks India antitrust body to revoke Reliance-Future deal approval

Amazon asks India antitrust body to revoke Reliance-Future deal approval

Amazon has asked India's antitrust regulator to revoke its approval for Future Retail's $3.4 billion sale of retail assets to Reliance, saying it was "illegally obtained", violating an order suspending the deal.
Fashion
Peloton sues Lululemon in dispute over new apparel line

Peloton sues Lululemon in dispute over new apparel line

Peloton Interactive Inc, the exercise bike company, has sued Lululemon Athletica Inc after the athletic apparel maker threatened its own lawsuit over Peloton's new apparel line.
Fashion
'From Rwanda to Hollywood': Kigali style goes global

'From Rwanda to Hollywood': Kigali style goes global

Matthew Rugamba knew his Rwandan fashion label had arrived when Junior Nyong'o, the brother of Oscar winner Lupita Nyong'o, attended the world premiere of "Black Panther" in a three-piece suit designed by him.
Fashion
India's Paytm September quarter net loss widens

India's Paytm September quarter net loss widens

India's One 97 Communications Ltd, the parent of fintech firm Paytm, said on Saturday its net loss for the three months through September widened by 8.4% as expenses rose.
Fashion