London - Fans of the selfie will be happy to hear that Mastercard is set to begin testing new facial recognition technology that will allow users to verify and complete their online credit card transactions simply by taking a photo of themselves. The company aims to roll out a pilot programme this fall […]

UK’s clothing, shoes and accessories brand Karen Millen is ready to step into India. The company is said to have asked Franchise India Holdings to look for a master franchisee for the Indian market. The brand aims to open around 10 stores in India over the next three years in the bridge to luxury segment. […]

The UK government should do more to encourage international spend, otherwise UK retailers may fall even further behind other top European competitors, warns retail tourism expert Global Blue. Business leaders from the UK retail and leisure industry were summoned to Global Blue's annual forum on Thursday […]

New York - If Emanuel Ungaro hasn't made enough of a name for themselves in the men's wear category, they certainly might now. The brand has begun inking deals with Italian brands in the "premium contemporary" category, and for leather goods. Beginning with the fall 2016 season, Principe SpA will begin […]

The Chancellor used his first Conservative Budget to cut benefits for low-paid employees whilst introducing a National Living Wage which will force businesses to pay them more. However, a number of retail analysts have warned that this new wage may have a "devastating impact" on independent retailers […]

REPORT UK retailers continue to cash-in on prime locations on Bond Street and Oxford Street and are keen to invest in even more property in the shopping area. The number of stores owned by retailers on Bond and Oxford Street has increased 28 percent and 7 percent respectively over the past two years, […]

The Chinese e-commerce giant Alibaba has invested in, China’s leading flash sales platform for luxury and fashion products. Alibaba will profit from's wide selection of luxury brands, especially for its B2C platform, while will be able to enhance its supply chain services […]

US teen retailer Abercrombie & Fitch has been accused of defacing its Grade II-listed Kids store at 3 Savile Row. The fashion chain must pay a fine for painting the interior of the store brown without permission. Westminster Magistrates' Court found the retailer guilty of breaching the conditions of […]

Bestseller menswear brand Jack and Jones has signed a deal with Australian department store Myer to open a number of shop-in-shops during the summer this year. Myer currently has 67 department stores in Australia, and Jack and Jones plans to open 54 shop-in-shops during a 4-week period in 40 department […]

UPDATE Barclays Pingit app is set to be the first service to go live with Zapp's new mobile payment service, set to launch this autumn. Barclays has joined the growing list of retailers, billers and payment providers, including House of Fraser, Shop Direct and Asda, to support the mobile payment service […]

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