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Retail

Rolex faces a 100 million dollar fine for obstructing online watch sales

France’s competition regulator, the Autorité de la concurrence, has imposed a substantial fine of 91,600,000 euros on Rolex France, along with Rolex Holding SA, the Hans Wilsdorf Foundation, and Rolex SA. The penalty is in response to industry referrals and subsequent investigations from Rolex's prolonged prohibition - exceeding a decade – to...

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Featured
Retail

Zara and H&M shore up defences as internet threatens

Logistics investments, new technology... Faced with fierce online competition from the likes of Amazon, affordable fashion giants Zara and H&M are shoring up their defences, trying to use their stores to boost internet sales. Separated by thin partitions, 15 little photo studios used exclusively to update the website line up in a corner of...

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Apparel

Australia is online leader for new stores

Australian online entrepreneurs have seen the country take over the highest number of online stores in comparison to anywhere else in the world. According to the latest research, Australia saw a 200 percent grown in the number of new e-commerce shops between 2010 and 2012. Furthermore, Australians see a higher average online spend online,...

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