The under 35s will be key to the Christmas shopping season internationally, a new study shows. And retailers who want to reach them need to hit a sweet spot by combining sustainability with tech and attractive pricing.
The French e-tail group is accelerating its expansion in Europe: it recently launched a Dutch site after striking a logistics deal with a local partner, and will extend the product range available in Germany in Q1 2020.
British business this month suffered its deepest downturn since mid-2016 as the approach of a national election exacerbated uncertainty about Brexit, according to a survey which augured badly for the economy.
The Spanish group’s The Style Outlets in Amsterdam is now 80% leased out, as Neinver also started work on the Alpes outlet centre in France, and the Vicolungo centre in Italy is undergoing a €9 million facelift.
Chinese e-commerce giant Alibaba Group raised up to $12.9 billion in a landmark listing in Hong Kong, the largest share sale in the city in nine years and a world record for a cross-border secondary share sale.
Alibaba will close its order books early to prospective institutional investors as part of its $13.4 billion secondary listing in Hong Kong, according to two people with direct knowledge of the matter.