Retail

Mother’s Day Spending Looks to Hit Record $25 Billion This Year

Greeting cards, flowers, special outings, gift certificates and clothing and accessories are the top gift categories people are expected to purchase.

clock 10hLisa Lockwood

Mark ZuckerbergVivaTech fair in Paris, France - 24 May 2018Facebook CEO Mark Zuckerberg arrives on stage during the VivaTech fair in Paris, France, 24 May 2018. The annual commercial convention runs from the 24 to 26 May.

Technology

Facebook Held Strong With 2.38B Monthly Users in Q1

Facebook privacy scandals? What privacy scandals? … The ones that are prompting the company to create a private “digital living room.”

clock 2hAdriana Lee

François-Henri Pinault

Financial

Kering Chief Touts Progress With Artificial Intelligence at AGM

François-Henri Pinault said the company plans to use the technology to free up time to focus on planning phases.

clock 2hMimosa Spencer

Lululemon opened about 20 brick-and-mortar units in the last year.

Financial

Lululemon Is Taking on the Whole World

Future plans include an international expansion in men’s wear, fashion, footwear and self-care products.

clock 4hKellie Ell

Carrefour SA

Financial

Carrefour Q1 Sales Decline 3%, Currencies Weigh

Alexandre Arnault will replace Bernard Arnault on the grocery giant’s board until next year’s annual shareholder meeting.

clock 7hMimosa Spencer

Ashwini Asokan

Business Features

Retail Automation Platform Provider Vue.ai Raises $17 Million in Latest Round

The latest round brings the company’s total of capital raised to more than $27 million.

clock 9hArthur Zaczkiewicz

Google Fit arrives on iPhones

Technology

Google Fit Wants Your Health Data, Even on iPhone

Google Fit arrives on iPhones to entice more health-oriented users.

clock 10hAdriana Lee

Lingerie brand TellTale launched under the Chico's FAS umbrella.

Retail

Bonnie Brooks Named Chico’s Interim CEO

The former Hudson’s Bay chief is stepping in after Shelley Broader resigned.

clock 10hEvan Clark

Lululemon Athletica apparel is displayed on mannequins in a storefront at a Lululemon Athletica store location on Newbury Street in Boston. Lululemon Athletica Inc. reports earnings Wednesday, Dec. 6, 2017Earns Lululemon Athletica, Boston, USA - 05 Jun 2017

Financial

Lululemon Unleashes Five-Year Strategic Growth Plan

The company plans to double its sales in men’s wear and on digital platforms by 2023.

clock 11hKellie Ell

Amazon was given a
warrant to buy 1.7 million
Kohl’s shares as the retailer agreed to accept the web giant’s returns at its stores.

Financial

Amazon and Kohl’s Cuddle Up

Amazon was given a warrant to buy 1.7 million Kohl’s shares as the retailer agreed to accept the web giant’s returns at all of its stores.

clock 20hEvan Clark

Retail

Off-White Gets Into Fine Arts at Saks

It’s another exclusive for the Fifth Avenue retailer.

clock 21hDavid Moin

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Essentialist

Today's Must Read

Diptyque's pop up exhibition in Shanghai, China.

Beauty

Diptyque Smells Opportunity in China and U.S.

clock 9hTiffany Ap

Social Studies