Amazon suffers customer data breach in run-up to crucial shopping weekend

 In a short statement made on Wednesday, the company assured, “We have fixed the issue and informed customers who may have been impacted.”Affected Amazon users received an e-mail from the… Read more

Gap rushes in more robots to warehouses to solve virus disruption

Gap reached a deal early this year to more than triple the number of item-picking robots it uses to 106 by the fall. Then the pandemic struck North America, forcing… Read more

Hermes wins permanent ban on ‘MetaBirkin’ NFT sales in US lawsuit

U.S. District Judge Jed Rakoff said the permanent injunction was justified because Rothschild’s continued marketing of the NFTs would likely confuse consumers and irreparably harm the company.Rakoff denied Rothschild’s requests… Read more

Gap Inc. to source all cotton from sustainable sources by 2025

By 2021, Gap brand plans to source 100 percent of its cotton from more sustainable sources. Old Navy will also increase its sourcing of sustainable cotton to 100 percent by… Read more

Americans to spend $632 billion online in 2020

The study also found that in 2015 and 2016 alone, the number of online shoppers has grown by 20 million people, bringing the number of online shoppers to over 224… Read more

Hong Kong Feb retail sales growth strongest in 8 years

Retail sales jumped 29.8 percent to HK$45.2 billion ($5.76 billion) in February, government data showed on Tuesday. In volume terms, retail sales grew 28.2 percent.It was the strongest growth in… Read more

JD.com workers get unions in watershed moment for China’s tech sector

Regulators in China have come down hard on its biggest technology firms this year, criticising them for policies that exploit workers and infringe on consumer rights in addition to unleashing… Read more

Inditex working at reduced capacity despite loosened Spanish lockdown

Meanwhile, just three of Inditex’s 13 Spanish factories were back at work, making medical supplies like scrubs to help fight Spain’s coronavirus crisis, with no garments being made for now… Read more

Hong Kong retailers forecast sharp drop in sales as protests rock city

On top of that forecast, the Hong Kong Retail Management Association also sharply changed its full-year retail sales forecast to a double-digit fall instead of single-digit growth.It urged the government… Read more

Italian fashion industry exceeds its 2019 export level

The Italian market, which slowed down during the summer after strong growth in the first and second quarters, rebounded in the fall, with a particularly dynamic November (+31.4%), as it… Read more