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Retail

UK inflation hits double digits, highest since 1982

UK inflation hits double digits, highest since 1982

British consumer price inflation jumped to 10.1% in July, its highest since February 1982, up from an annual rate of 9.4% in June, intensifying the squeeze on households, official figures showed on Wednesday.
Fashion
Retail
H&M returns to Alibaba's Tmall, 16 months after Xinjiang controversy

H&M returns to Alibaba's Tmall, 16 months after Xinjiang controversy

Swedish fashion giant H&M's official store on Alibaba's Tmall e-commerce platform has re-opened, 16 months after the Chinese site took it down following the brand's criticisms of human rights abuses in Xinjiang.
Fashion
Retail

Dubai Mall owner Emaar to discuss selling its e-commerce business

​The board of Dubai's Emaar Properties, which owns the Dubai Mall, will meet on Thursday to discuss the sale of its e-commerce fashion business, the company said on August 15.
Fashion
Retail

Women's fashion inflation worse than men's says Swiss report

In Switzerland, inflation is even making its way into women's clothing stores -- a phenomenon described as "pinkflation." For several months now, many European countries have been facing significant inflation.
Fashion
Industry