The 4th largest U.S. bank does a lucrative business with store-branded credit cards. But with more stores in jeopardy, analysts say Citigroup will suffer from the growing problems in brick-and-mortar retail.
The company plans to hire 100 more employees, or ‘gurus’ as it calls its Irish support staff, over the next 12 months. All jobs will be available on a remote basis and add to its 150- strong workforce.
Tens of thousands of workers in India's $40 billion-a-year textile and garment industry hub are seeking millions of dollars in compensation following a landmark ruling that declared they had long been grossly underpaid.
Small and medium-sized enterprises in China are capitalising on the e-commerce boom to restructure the way business is done. Online sales of consumer goods in China soared 26.2 per cent from the previous year in 2016.
The UK is discarding a huge amount of clothing every year, most of it not worn-out and potentially recyclable, a new report shows, with the fast fashion sector being blamed for creating the waste mountain.
Retailers are being advised to develop emotional intelligence as new research suggests that millennials are more likely than older generations to be influenced by emotional factors when shopping online.
The Los Angeles-based label first released a limited edition capsule collection of petite offerings in 2015. Now, the ecologically friendly brand has decided to make petite clothing part of its permanent line.
Burberry is firmly in cost-cutting mode and has scrapped plans to revive the Temple Works mill in Leeds, saying it would be too expensive. It has also delayed a decision about a new factory on a neighbouring site.