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RPT-Silver (haired) lining? Alibaba lures older shoppers as market slows BEIJING, Jan 31 (Reuters) - Online shopping may not be the typical domain of the elderly, but when it comes to buying groceries with a smartphone, Xiang Jiang, 70, considers herself rather savvy. Born a year before the Communist Party took control of China in 1949, Xiang has never had a bank ...
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Once a humble blog shop, Love Bonito raises $13m from Japanese shopping site Kakaku, NSI Singapore online fashion label Love Bonito has raised US$13 million in a series B round led by Japanese comparison shopping site Kakaku. Existing investor NSI Ventures participated too. Started as a humble "blogshop" in 2010, Love Bonito has grown exponentially and ventured into designing its ...
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Earnings for major mall owner Simon Property show shopping centers still make money Simon Property Group, the largest owner of shopping malls in the nation, reported strong results for the last quarter and year, defying the belief by some that malls are failing as consumers increasingly shop online. The company said net income rose to $571.1 million or $1.84 per diluted share in the last ...
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H&M to close more stores in 2018 as online shift hurts STOCKHOLM (Reuters) - Fashion retailer H&M said on Wednesday sales at the start of the new year were slower than expected and it would close more core brand stores that have attracted fewer shoppers, sending its shares to a 9-year low. Following decades of rapid store expansion, the world's ...
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DSF, pre-VAT shopping spree boosts jobs in UAE consumer goods sector However, employers in the education, information technology, including telecommunications, didn't hire as much, with online job listings dropping by 13 per cent. Dubai's shopping festival kicked off in late December 2017, just before VAT took effect. Businesses confirmed last week that the retail ...
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