London's luxury shopping appeal was underlined Monday on news that a private jet firm has seen surging demand for London flights as even wealthy shoppers take advantage of post-Brexit vote luxury bargains.
As part of its review of Amazon's agreement to buy Whole Foods, the Federal Trade Commission is looking into allegations that Amazon misleads customers about its pricing discounts, according to a source.
Unilever did well in the first half on the back of cost cuts and some good brand performances. Its Dove, Sunsilk, Dermalogica, Dollar Shave Club and Living Proof brands all continued to grow strongly during the half.
Sir Philip Green has named Burberry's ex-chief merchandising officer Paul Price as CEO at the Topshop/Topman business with a remit to grow globally and expand its digital footprint. But will it also move upmarket?
A new multi brand cosmetics and beauty shop founded by Russian beauty entrepreneur Andrey Trubnikov is slated to open in the US under the name Organic Shop. It will also enter Germany and certain Asian markets.
Activist fund Trian Fund Management LP launched its public push for changes at P1G on Monday, nominating its CEO Nelson Peltz to the board in a bid to press for more drastic steps to revive sales and profits.