The Death by Amazon Index launched in 2012 is now being joined by new exchange-traded funds launched Thursday, which allow investors to bet on the decline of traditional retail or on the rise to supremacy of online sales.
Deckers Brands filed a letter to stockholders on Friday touting the company’s turnaround strategy, a move against activist shareholder Marcato Capital Management, which is seeking drastic changes to the company.
The Chinese internet giant said on Monday it would invest HK$22.4 billion (2.17 billion pounds) for a major stake in China's top hypermart operator, Sun Art Retail Group Ltd, part of a wider push into offline retail.
The star-studded, super-hyped Victoria's Secret lingerie show hits the catwalk in Shanghai on Monday, the first time the US brand is holding its self-described "sexiest show on earth" outside the United States or Europe.
Adidas, a long-standing sponsor of FIFA, “would have a problem” with the global soccer body if it was found to have broken the law by a U.S. investigation into bribery, the company’s chief executive told a German paper.