A federal judge on Thursday ordered Wal-Mart Stores Inc Chief Executive Douglas McMillon to submit to questioning in a lawsuit by shareholders hoping to learn what he knows about suspected bribery by the world's largest retailer in Mexico.
Discussions that dominated the Prime Source Forum (PSF) held in Hong Kong recently were economic environment in 2017, survival under global political frictions; and meeting the demands of ‘look now, buy now, wear now’.
Giant U.S. retailer Wal-Mart Stores Inc said on Wednesday it is looking into the origins of a note describing forced labor conditions in China that a customer claimed to find in a purse bought at a store in Arizona.
DHL eCommerce's first entry into South America via Chile is exceeding expectations a month after starting as it gives retailers easier ways to deliver to consumers that could boost online shopping, a regional executive said.
The European Union plans to launch more antitrust investigations into e-commerce companies after a two-year inquiry uncovered business practices that restrict competition, the European Commission said on Wednesday.
Walmart is preparing to pay about $300 million to settle a probe of bribery by its employees in markets including Mexico, India and China, Bloomberg reported on Tuesday, citing people familiar with the matter.
Zara and H&M are known for how rapidly they can get new designs into their stores. But British online chains Asos and Boohoo have even shorter production timeframes, a cause of concern for the fashion giants.