We use cookies and other data for a number of reasons, such as keeping FT Sites reliable and secure, personalising content and ads, providing social media features and to analyse how our Sites are used.
Add this topic to your myFT Digest for news straight to your inbox
Company still earns about 30 cents for every $1 in sales
About 100 stores will be retained and Next will also acquire the upmarket clothing retailer’s head office
Analysts say move reflects sharply declining fortunes of online fashion retailers
Staff working on Alexa, Kindle and Halo are the first to go, but investors want further cuts
There is no guarantee asset sale will be enough to pay group’s debts
Value chain plans for ‘plausible’ scenario as inflation and spending squeeze bite
What it’s like to live with a shopping addiction, and how to overcome it
Ecommerce company pledges to help ordinary workers as Beijing targets wealth gap
Share divestment in South American peer part of efforts to sell assets worth €4.5bn to reduce leverage
Lithuania’s first unicorn stands to benefit from worries about waste and the cost of living
Plus, EU ministers try to head off trade war with US and UK limits use of Chinese surveillance systems
Toys and electronics marked down at start of holiday season with consumers pinched by inflation
Bargaining power shifts away from applicants as retailers forecast weaker sales growth
Acting chief hunts for profits after continent’s first ever tech unicorn plunges 70% in value since New York listing
French luxury group relies on the Italian brand for two-thirds of profit but has trailed rivals
They’re barely noticeable, but promoted items on digital sales platforms are at the vanguard of an industry worth tens of billions of dollars
Fall in visitors coincides with 41% decline in average retail rents in Tsim Sha Tsui district
Refurbed’s co-founder on the online marketplace’s growth and start-ups in Austria
Vital garment industry reels from surging inflation and the knock-on effect of war in Ukraine
Holiday shopping season arrives with consumer spending resilient but prices sky-high
Plus, the UK Supreme Court expected to rule on IndyRef2
Ambani unit has same company ‘ethos of dominance’ as it expands consumer offerings
Operators of large warehouse and logistics facilities will see their bills jump
UK high court decision is latest development in legal and regulatory dispute that has run for years
Broader pictures shows downward trend as surging prices hit
International Edition
