Walmart Stores Inc is in talks with buyout firm Advent International Corp and other funds to sell a major stake in its Brazilian operations, two people with direct knowledge of the matter said on Sunday.
Nike Inc's shares surged to a two-year high on Friday after two Wall Street brokerages said the footwear maker's profitability would soon reap the benefits of its recent move to sell directly to consumers.
Japanese online marketplace Mercari is planning to go public in June, according to local media reports on Friday. The app-based e-tailer sells domestically, in the US and the UK, and will use funds to expand globally.
Coty has launched an on-demand digital personal beauty assistant for the Amazon Echo Show in the UK. Digital innovation with a focus on voice and virtual assistants to be central to company's future strategy
Primark remained the star brand in owner ABF's portfolio in the Christmas trading period, despite some tough times in Europe early in the season. It was helped by UK strength and a European recovery after a weak October.
Michel van Kommer and Janjaap van Gent, the founders of menswear label Circle of Gentlemen, will end their partnership. The upcoming spring/summer collection will be the last from the international brand.
German e-tailer Zalando is to push ahead with its strategy of investing to gain market share in 2018 and reported preliminary Q4 sales growth in line with expectations, despite a tough clothing market in early autumn.
Burberry had a good Christmas quarter even though its comp sales rise fell short of analysts' predictions. Its fashion offer outperformed while digital continued to rise and top-spending shoppers returned to the fold.
John Lewis continued to struggle with slowing sales in the latest week. On Tuesday the department stores and e-tail firm said that sales for the seven days to January 13 fell 3.8% year-on-year to £85.7 million.
Chinese online retailer JD.com Inc has made an investment in Vietnamese e-commerce firm Tiki.vn, expanding its Southeast Asia business amid growing competition in the region from Alibaba and Amazon.com.