(Reuters) – Browsing online during the shutdown, Jessica Friend saw a pair of Ray-Ban sunglasses she liked, but the price made the 30-year-old Ohio resident think twice. FILE PHOTO: A smartphone displays a Klarna logo on top of the bills in this illustration taken on January 6, 2020. REUTERS / …
Read More »
(Reuters) – Clothing company Lucky Brand Dungarees files for Chapter 11 bankruptcy, it said Friday, becoming the latest retailer to fall victim to the coronavirus pandemic. The firm said it had entered into a “horse stalking asset purchase agreement” with SPARC Group LLC, which owns brands like Aeropostale and Nautica, …
Read More »
NEW DELHI (Reuters) – Indian tech and entertainment companies are seeking to capitalize on sudden opportunities arising from a government ban on Chinese-owned apps, including the popular TikTok, with a rival video app that it says has added 22 million of users in 48 hours. India this week banned 59 …
Read More »
LONDON (Reuters) – Prime Minister Boris Johnson’s fiance Carrie Symonds received promises on Friday from four British retailers to stop selling coconut products that use labor in their production, and urged others to do the same. FILE PHOTO: Carrie Symonds, partner of British Prime Minister Boris Johnson, arrives at the …
Read More »
(Reuters) – Albertsons Cos Inc ACI.N saw its shares drop in its debut on the New York Stock Exchange on Friday, a day after the US supermarket operator cut its initial public offering to $ 800 million. FILE PHOTO: Customers walk out of an Albertsons grocery store with their purchases …
Read More »