The German shipping company has opened its largest European hub in Rugby, England. The facility will process a record 1.5 million parcels a day, part of the company's effort to keep pace with booming UK e-commerce.
Oscar winner Emma Stone ousted Jennifer Lawrence to claim the top spot on Forbes' 2017 list of the world's highest-paid actresses despite Lawrence continuing to earn big from her Dior endorsement deal.
Japan's cautious consumers are starting to loosen up, spending more and offering hope that domestic demand - and not just exports - will be strong enough to reflate an economy that has been sluggish for many years.
Is Matchesfashion set to be the latest business snapped up by an investment fund? Rumours have been swirling around the luxury e-tailer for months, but now it seems it really in in talks with investors about a takeover.
The British fashion e-commerce group has tapped Yasmin Sewell to head up its global editorial and creative teams. The former-Style.com recruit will oversee all content, and overall styling direction on-site.
French luxury goods group Kering has dropped a lawsuit filed in New York against Alibaba and Alipay and agreed instead to co-operate with them to safeguard intellectual property rights and fight counterfeiting.