European equities closed higher on Wednesday, following some positive economic data for the euro zone.» Read More
LONDON, May 27- When Chris Morton was setting up a fashion e-commerce company five years ago, he spent a lot of time listening to online music service Spotify. While Spotify was an inspiration for Morton, other London- based online retail entrepreneurs, like Farfetch founder and CEO José Neves, are using tricks learned from social media to create fashion...
*Shoppers spend longer on Zalando, ASOS than most brand sites. BERLIN, May 26- U.S. label Gap Inc's launch on Zalando, Europe's top online fashion retailer, this month has exceeded expectations and Gap children's clothes are already one of the top-selling kids' brands on the site, the German company said. For Gap, using Zalando is a way to expand sales in continental...
*Volvo, Asos, SABMiller among firms pursuing natural hedges. Last month it announced plans to build a $500 million plant in the United States, looking past the dollar's current strength to build in a longer-term protection. "We're eliminating short-term currency fluctuations, which are never good for long-term commitment to customers in different regions, and...
European equities closed sharply higher on Tuesday, with a surge in retail stocks helping to boost investor sentiment.
LONDON, Jan 13- British online fashion retailer ASOS ended a difficult 2014 on a high, with strong demand at home lifting its retail sales over the Christmas period and boosting its shares. ASOS, which lost almost two thirds of its market value last year because of a warehouse fire and three profit warnings, said retail sales in the six weeks to Jan. 9 were up 15 percent,...
Amazon has said it is planning to open a photography studio in trendy east London, in an effort to become a leader in online fashion retail.
British online fashion retailer ASOS posted a 14 percent fall in annual profit after the strength of sterling hit sales growth.
Shares in Europe's biggest online fashion retailer Zalando rose 12 percent in their debut on the Frankfurt exchange on Wednesday.
European shares closed lower with investors looking ahead to a key Federal Reserve policy meeting this week as well as a referendum on Scottish independence.
European shares closed flat-to-higher on Wednesday as investors considered the possibility of more monetary easing in the euro zone.
Asos has resumed trading after it was forced to suspend orders following a suspected arson attack at its main warehouse.
European shares closed higher, as investors digested the raft of stimulus measures announced by the ECB.
European stocks closed higher on Wednesday, after positive U.S. jobs data helped to boost global sentiment further.
European retailers are flocking to list in 2014, but traditional high-street chains have been replaced by the online, discount and convenience players that are shaking up shopping.
Retail stocks in the U.K. have seen a spike in short-selling since the start of the year, according to financial research firm Markit.
Asos will look to other global economies after launching a Chinese-language website, Nick Robertson, CEO of the online retailer told CNBC.
European shares pared gains but closed higher on Thursday, a day after the Federal Reserve surprised markets by opting to maintain its $85 billion-per-month asset purchases.
European shares closed lower on Wednesday, mirroring losses in U.S. markets.
U.S. stock index futures were higher Wednesday, looking to bounce back after major averages slumped 1 percent in the previous session, as Europe markets gained and Asia markets trimmed earlier losses.