European Competition Commissioner Margrethe Vestager two years ago slapped Google with a 2.4-billion-euro fine for favouring its own price comparison shopping service and told it to stop its anti-competitive business… Read more
The crackdown by the EU competition authority followed an inquiry into e-commerce practices by some 1,900 companies in Europe, part of a strategy to boost online trade and economic growth.”We… Read more
According to the latest report published by Bain & Co. in collaboration with Altagamma, the global luxury sector, which includes fashion, leather goods, jewellery, watchmaking and beauty products, is expected… Read more
When De Beers shocked the industry with its U-turn in May, a 1 carat synthetic diamond cost about $4,200 while an equivalent mined gem sold for $6,000. But since September,… Read more
But consumers in the UK are not only spending more time online, they are also spending more in comparison to last year. The average Brit spends £220 in total on… Read more
Tomasz Chrostny, the president of watchdog UOKiK, said in a statement that the company had favoured its own online store on the Allegro.pl platform at the expense of independent traders… Read more
Payments through AlipayHK, which handles mobile payments in Hong Kong dollars, will be accepted at more than 2,000 stores in the city from Thursday, said Ant Financial Services Group, an… Read more
The two retail destinations have been added to the growing list of property company Peel L&P’s holdings that have achieved net zero carbon status, “demonstrating the company’s commitment to climate… Read more
FNW: You’ve just opened your first boutique dedicated to lab-grown diamonds. What does this mean for the diamond industry? Jean Dousset: Lab-grown diamonds are a real liberation for the diamond industry.… Read more
The government is believed to be looking at a number of measures to cut the damaging impact of e-shopping that has led to a larger number of delivery vans on… Read more