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American Apparel to Begin its Closures of UK Shops
The US fashion retailer is planning to close its flagship shop in Covent Garden and also in Nottingham, Bristol, Leeds and Liverpool
European Commission to Investigate Tax Condition of Amazon
The interrogation concentrates on tax ruling procured by Amazon, as critics consider it as too lenient
Sony Aims to Begin Console Packaging in China by December
Sony Corp. wants to begin packaging the latest video game consoles for Chinese market starting December since it plans to invade the world's biggest population after the end of ban on the devices.
Price War of Supermarket Sets Petrol a Four-Year Low
Sainsbury's and Tesco let go of savings from pound's increase versus dollar, and drop the price of fuel
Eleven Officials Quit Co-operative Group board as Changes Start
Independent official and new chair will be appointed right after proposals cased by former City minister Lord Myners
Mink Prices Drop due to Low Chinese Demand
According to fur opponents, the market has experienced decrease on Chinese high end buys, due to crackdown on presents to executives
Tesco Holds Off another Official After Sales Collapse
Group commercial executive Kevin Grace was requested to hold off last week, according to FT reports Group commercial executive Kevin Grace was requested to hold off last week, according to FT reports It's the fifth official who got suspended by the largest retailer in Britain, Tesco, after an overstatement of its earnings and careful investigation will be done on this According to the report of Financial Times, the group commercial executive, Kevin Grace, was requested to hold off last Monday, but the company begged to say its statement.
Walmart's Search for Inexpensive, Nutritious and Eco-Friendly Food
The biggest retailer is working with new partners—DuPont, PepsiCo, Monsanto and more—to promote nutritious food production
Debenhams Shares Floor Space with Mothercare to make Stores Look More Attractive
The brand hopes consumers will be attracted by the new name on the floor rather than the markdown and promotions
Walmart Stops Providing Healthcare Benefits to Part-timers
The famous retailer released its statement on its plan to eliminate health benefits to part-time workers which is around 2% of the company's staff
HSBC Officials Resign Amid Threat to Put them in Jail for Bank Issues
John Trueman and Alan Thomson will quit while plans to make directors held liable of bank failure John Trueman and Alan Thomson will quit while plans to make directors held liable of bank failure Directors of UK branches of HSBC will quit in protest of the new Bank of England regulations that ask officials and executives to be held criminally liable when bank will fail.
FedEx Claims Kansas Ruling on Drivers is No Longer Practiced
FedEx Corp has released its statement on the Kansas Supreme Court ruling on their drivers, that are employees and not independent contractors, that it is no longer observed since 2011.
Hewlett Packard Plans to Split
The company with over 300,000 staff will split its printer and computer products from the services and corporate hardware business
Radio Shack Gets Another Lifeline
According to the gadget shop, it has made an agreement with lenders led by Standard General and Litespeed Management, who will help the company restructure their existing debt.
Get to Know the Wealthiest People in Fashion
The brands that most people love—Gap, Urban Outfitters and Victoria's Secret—get to know the people behind them
Morrisons Introduces Loyalty Program
The famous retailer aims to match the price of Lidl and Aldi to keep their consumers from looking for better offer
John Lewis' head: 'France has no chance, they're done!'
According to Andy Street, the country is suffering as if nobody cares. The company is planning to launch the site using French as default language.
EasyJet Increases Sales Forecast due to Air France Strike
The budget airline company is expecting higher sales in before-tax earnings right after increase in number of bookings while the strike of pilots is on going
Ted Baker Sales Sore High Despite Hot Weather
Profits of winter and autumn collection resist non-seasonal temperatures as Ted's first-half sales go up
Abercrombie & Fitch Gets Ruling from Supreme Court on Religious Bias Issues
Muslim woman who has headscarf was denied of job position Retailer was sued by Equal Employment Opportunity Commission
JP Morgan Reports Millions were Affected by Data Breach
Bank reported that financial information not divulge but clients' contact details like mobile numbers, exposed
Nicolas Ghesquiere Brings LV through Outer Space and Time
From the launch of its art museum to Ghesquiere's travel to the space, LV's Paris show packed with glamor and outer-space-inspired style
Tesco: What went Wrong
The current dilemma of the company is the unusual expected profit—reached the quarter figures of what was projected for the period—that has brought Tesco forgo almost tenth of its value.
Next's Share Price Submerge to 4% but it's not yet Over
Due to climate, it affects the retailer. But with 6% sales in the third quarter better than previous year, it's still not over for the brand
eBay Splits from Paypal
Surprisingly, Paypal now to work separately from eBay right after the Apple Pay was introduced Surprisingly, Paypal now to work separately from eBay right after the Apple Pay was introduced The online auction website eBay is expected to spin off its long time payment partner Paypal to a separate entity next year, according to the online auction website's press release last week.
Karl Lagerfeld of Chanel Promotes Feminist Fashion Style
Fashion press applauds models' mimic show but critics allegedly said designers are collaborating feminism on their designs to sell apparel
Coles Gets Banned for Three Years due to False Advertisement of 'Freshly Baked' Bread
The federal court released its orders on the supermarket group, which is slapped with a fine of $3 million, to put on display the notice in shops
California Promotes Grocery Bags and Eliminates Use of Plastic or Paper Bags
There are plastic firms that use faux environmentalism, a new local ban on using plastic bags will provide recyclable bag manufacturers huge advantage—and will ask consumers to pay for every paper bag used There are plastic firms that use faux environmentalism, a new local ban on using plastic bags will provide recyclable bag manufacturers huge advantage—and will ask consumers to pay for every paper bag used
Apple may Cost Millions due to Irish Government Tax Agreement
Apple might cost 10 million Euros due to the illegal state help that came from tax agreement done by Irish government.
Editd, Makes Use of Huge Data to Introduce High Street Fashion
Geoff Watts and Julia Fowler are bringing back the times on how they got friends in Perth, Australia and how they got to where they are now. They are in a cozy studio of Hatton Garden building.
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