International News

Chinese e-commerce firm Alibaba on Monday announced that it is launching new sales channels in Singapore, Malaysia, Hong Kong and Taiwan, in an effort to gather new users in the region. In Hong Kong, Alibaba will expand its product categories...

Carrefour announced the hiring of Alexandre Bompard as its new CEO according to the Wall Street Journal. The French company is Europe's largest supermarket retailer, and currently sells out of warehouses in hypermarket designs. It aims to increase online retail sales...

Tommy Hilfiger, which is owned by PVH Corp. has announced that Alex Pall and Andrew (Drew) Taggart – globally known as the celebrated pop music duo, The Chainsmokers – will appear as the global brand ambassadors for Tommy Hilfiger menswear,...

French cosmetics giant L’Oreal has entered exclusive talks to sell the Body Shop chain to Brazilian make-up company Natura Cosmeticos for €1 billion (£880 million). L'Oreal said on Friday it had received a firm offer from Natura Cosmeticos, and that the...

Ferrero, the Italian brand that invented and manufactures the chocolate-hazelnut spread, opened its first all-Nutella cafe on May 31. The cafe is located in the city's Millennium Park Plaza. The cafe serves a mix of sweet and savory items centered...

RadioShack closed more than 1,000 stores over the weekend, leaving the chain with just 70 company-owned stores left in operation. The 96-year-old electronics retailer shut down most of its stores just two months after filing for Chapter 11 bankruptcy protection. At...

Naspers’ Turkish e-commerce site, Markafoni announced on Thursday on its website that it will discontinue operations and close, effective 30 June, 2017. Markafoni is an online shopping e-commerce site for Turkish consumers which deals in clothing and fashion accessories. “Despite initial success, the business...

On Wednesday, Amazon was granted a patent for a shipping label that includes a built-in parachute "to enable the delivery of packages by aerial vehicles (UAVs) or other aerial vehicles". The patent, as reported by GeekWire, was filed in August...

Retail giant Amazon has launched direct cargo flights from the US to Zhengzhou, capital of central China's Henan Province. The planes which were carrying products, including food, clothes and household appliances ordered by Chinese buyers, flew from New York, Chicago...

Berlin-headquartered Delivery Hero has agreed to acquire Carriage, the food delivery platform based in Kuwait. Founded by CEO Abdullah Jihad Almutawa, CFO Musab Jihad Almutawa, COO Khaled Youssef Alqabandi, and CTO Jonathan Lau, Carriage currently operates in the Gulf Council...

Online retail giant Amazon on Thursday opened its first brick-and-mortar bookstore in New York, selling a limited range of its highest-rated books. The offerings are limited to just 3,000 titles, none of which have received fewer than four out of...

Apple opened its first South-East Asia store in Singapore on May 27 and hundreds of shoppers camped out in anticipation of the launch. Braving the equatorial heat as early as Friday night, customers were greeted by Apple’s Senior Vice President of...

Singer Mariah Carey and her longtime manager, Stella Bulochnikov, are reportedly planning to open a beauty company here. "Mariah and Stella are opening a business together, their own beauty company that they hope will feature their own products of make-up,...