Bebe will reportedly close its brick-and-mortar locations to be an online brand. The women's retailer said in February that it would close 25 stores, the latest U.S. brand to buckle under the shift toward e-commerce.
Many questioned Apple's logic in unveiling a new iPhone with a 4-inch screen when the rest of the industry is making smartphones bigger than tablets, but the iPhone SE is proving a hit, particularly in Europe.
Amazon.com Inc said customers placed 60 percent more orders worldwide in its second "Prime Day" sale despite early glitches, cementing the event's position as an annual shopping festival for online shoppers.
According to the latest figures from the IMRG Capgemini eRetail Sales Index the strong sales experienced in the UK at the start of the year have continued, with online sales in February recording an 18 per cent annual...
De Beers, the world's largest diamond producer, said Monday the economic slowdown in China and a strong US dollar meant a "challenging" year for the industry, while India would be key to future growth.