Avon on Thursday reported its first earnings beat in six quarters as it signed up more sales representatives in the EMEA region to sell its cosmetics. The firm will shutter Australia and New Zealand activity by year-end.
MySale Group on Thursday announced the acquisition for A$2.69 million, of “certain trade and assets” of Identity Direct, a major international retailer of personalised products that was in administration.
Flash sales specialist MySale should have brought a smile to the face of Sir Philip Green on Wednesday. A day after he paid £363m into the BHS pension fund, Green's investment in the e-tailer appeared to be paying off.
The Chinese online retailer opened its Australian and New Zealand headquarters in Melbourne on Saturday, its first expansion in the region as it seeks to tap growing global demand for products from the two countries.
Flash sales e-tailer MySale Group had a storming first half as the six months to December 31 and said that its product offer will be boosted as it forged a deal with Gilt.com. Online revenue rose 18% to A$126.5m in H1.
Smartphone leader Samsung has for years been a spectator as Apple built a services "ecosystem" supporting its products. But now, as the two develop the market for mobile payments, the Korean tech giant is taking the f...
Top consumer China launched a yuan-denominated gold benchmark on Tuesday, as the country took an ambitious step to exert more control over the pricing of the metal and boost its influence in the global bullion market.
China's Alibaba Group Holding Ltd on Thursday said it has signed a deal for a $3 billion five-year loan, which will help the e-commerce giant as it snaps up stakes in companies within China and overseas.