International News

When it comes to gender equality, Apple has a long way to go. According to the company's annual diversity report only about a third of its employees are women. The Cupertino-based iPhone maker's annual "Inclusion & Diversity Report" said, as...

Chinese e-commerce giant Alibaba on Saturday announced the sale of about US $12 billion worth goods within two hours of launch of its 11.11 Global Shopping Festival. "Nearly US $11.9 billion worth of total Gross Merchandise Volume (GMV) (sales in...

Chinese e-commerce giant Alibaba has said that it has used  drones to deliver packages over water for the first time. Three unmanned aerial vehicles (UAVs) carrying six boxes of passion fruit with a combined weight of around 12 kilograms flew from Putian in China's eastern Fujian...

Auchan, one of France's leading retail groups, has announced that it would open several shops without checkout counters in China by the year-end, a media report said. "The operation of Auchan Minute is very simple and intuitive. To enter, the...

Coffee shop chain Starbucks said on Thursday it will sell its Tazo tea brand to Unilever for $384m to focus on its Teavana line, amid disappointing quarterly results. “With our growth strategy for premium tea exclusively focused on Teavana, we...

Following the appointment of its major business division heads, Samsung on Thursday announced the promotion of some of its key executives. Samsung said that while the three former business division heads will not be involved in business management, they will...

Burberry is set for a radical fashion makeover after announcing that its long-serving creative designer, Christopher Bailey, is leaving after 17 years with the luxury brand. The British fashion house revealed that Bailey will step down next March from the...

In line with steps to adopt new leadership amid the absence of heir apparent Lee Jae-yong, Samsung Electronics said on Tuesday that it has named new executives to head its business divisions. Samsung said Kim Ki-nam will head the device...

Registering its best performance in China in two years, Apple's iPhone sales for the third quarter of 2017 hit 11 million units, up from eight million units sold during the third quarter last year. "Apple's success in the third quarter...

Walmart is rolling out robots to 50 stores by the end of January.. The robots go up and down the aisles, scanning for out-of-stock items, incorrect prices, and wrong or missing labels. Its part of Walmart’s plan to make...

CEO, Nike, Mark Parker said at the annual Investor's Day summit that the company will focus its efforts on just 40 key retail partners.. The company currently has 30,000 retail partners with 110,000 points of distribution. The change comes as...

Reality TV star Kylie Jenner, who is reportedly expecting her first child with rapper TraviScott, will not abandon her cosmetics brand Kylie Cosmetics, says her mother Kris Jenner. "We have talked to a few people and certainly there is interest,...

On Tuesday, John Lewis has launched a concierge-style shopping service as part of wider plans to reinvent its department stores. The initiative has been introduced at its new store in Oxford. Around one fifth of the floor space of the...

Chinese e-commerce giant Alibaba's 11.11 Global Shopping Festival, an annual sales event held on November 11, will witness the participation of over 140,000 brands this year, the firm said. "Over 140,000 brands will participate in this year's 11.11 festival, offering...