BUSINESS | H&M Says Recovery Uneven After March – May sales tumble 50%

STOCKHOLM – H&M, the world’s second-biggest fashion retailer, on Monday reported a sharp but slightly smaller than expected drop in second-quarter sales as measures to slow the COVID-19 pandemic slammed the sector. The Swedish company’s net sales for the three months to May 31 fell 50% from a year earlier to 28.7 billion crowns. Analysts … Continue reading BUSINESS | H&M Says Recovery Uneven After March – May sales tumble 50%

BUSINESS | Malls, Private Businesses To Reopen In Dubai On Wednesday

DUBAI – Dubai will allow the full reopening of malls and private business starting on Wednesday, its media office said, in the latest easing of coronavirus restrictions, the emirate’s media office announced. ‘Shopping malls and private sector businesses in the emirate will fully operate at 100 percent from Wednesday’, the Dubai Media Office tweeted on … Continue reading BUSINESS | Malls, Private Businesses To Reopen In Dubai On Wednesday

BUSSINESS | Keeping Shoppers Safe At One Of The World’s Busiest Malls

RIYADH | SAUDI ARABIA - Dubai Mall is one of the Emirate’s leading attractions, drawing more than 80 million visitors a year to its extravagant mix of retail and entertainment, where Cartier diamond displays sit alongside a world-renowned aquarium. The mall, which holds the Guiness World Record for being the world’s biggest, was shuttered on … Continue reading BUSSINESS | Keeping Shoppers Safe At One Of The World’s Busiest Malls

BUSINESS NEWS | Neiman Marcus’s Attempt To Manage Crushing Debt Undone By COVID-19

NEW YORK – On March 17, about a week after the World Health Organization declared COVID-19 a pandemic, Neiman Marcus Group had no choice but to close its 67 stores. The storied U.S. luxury department store chain long had plans to manage its crushing $5 billion debt load, the legacy of private equity takeovers. But … Continue reading BUSINESS NEWS | Neiman Marcus’s Attempt To Manage Crushing Debt Undone By COVID-19

BUSINESS | Louis Vuitton Launches First Online Store In United Arab Emirates

French luxury brand Louis Vuitton has launched its first-ever online store in the United Arab Emirates. The e-commerce platform, accessible on louisvuitton.ae has launched with a range of ready-to-wear for both men and women, leather goods, footwear, accessories, watches, jewelry, luggage and fragrances available to shop in both Arabic and English. The storied Parisian maison … Continue reading BUSINESS | Louis Vuitton Launches First Online Store In United Arab Emirates

BUSINESS | Facebook and eBay Pledge To Better Tackle Fake Reviews

MILAN | ITALY – Facebook And eBay have promised to better identify, probe and respond to fake and misleading review, Britain’s Competition and Markets Authority (CMA) said on Wednesday after pressing the online platforms to tackle the issue. Customer reviews have become an integral part of online shopping on several websites and apps but the … Continue reading BUSINESS | Facebook and eBay Pledge To Better Tackle Fake Reviews

FASHION | Couture Meets High-Street In Giambattista Vali, H&M Collaboration

ROME/ITALY – High-end fashion met budget high-street retail at a glittering catwalk show in Rome on Thursday evening, where Italian designer Giambattista Valli Presented his new collection for Sweden’s H&M in Rome’s sumptuous 17thcentury Palazzo Doria Pamphilj. Against a backdrop of chandeliered gilded salons, models including Kendall Jenner swept down a pink catwalk in an … Continue reading FASHION | Couture Meets High-Street In Giambattista Vali, H&M Collaboration

LIFE | Louis Vuitton Launches A Candle To Support (RED)

RIYADH/SAUDI ARABIA - - There is nothing like coming home and lighting a beautiful candle. Especially, when the candle supports a worthy cause. Louis Vuitton has just announced its collaboration with the non-profit organization (RED). Created in 2006 by legendary singer-songwriter and philanthropist Bono and activist Bobby Shriver, it supports the fight against AIDS. The … Continue reading LIFE | Louis Vuitton Launches A Candle To Support (RED)

BUSINESS | Barneys Show It’s Getting Together To Sell A $4.280 Dress

Jeddah, Saudi Arabia - The slew of value- and mind-price retailers that have entered bankruptcy in recent years is getting some posh company. Barneys New York, the upscale department store, said Tuesday that it had filed for Chapter II bankruptcy protection after reports that it was seeking a lifeline as it grappled with high rents … Continue reading BUSINESS | Barneys Show It’s Getting Together To Sell A $4.280 Dress

SHOPPING | These States Are Celebrating Tax-Free Holidays Just In Time For Back-To-School Shopping

Your state may be celebrating a holiday soon, and you may not even know about it. In the coming weeks, states across the U.S. and Puerto Rico will feature a sales-tax-free period so you can save some money while shopping. Each state has different days that it has designated as a tax-free, and each has … Continue reading SHOPPING | These States Are Celebrating Tax-Free Holidays Just In Time For Back-To-School Shopping