‘Elite’ global shoppers spend €35k in UK stores annually says Global Blue

The world’s wealthiest shoppers are spending an average of €35,000 in UK stores according to tax-free payments facilitator Global Blue, which launched its International Elite Shopper study at the Walpole Luxury Summit in…

Amazon workers strike in Italy over pandemic-driven delivery demands

Italy’s FILT-CGIL, FIT-CISL and Uiltrasporti unions called the 24-hour strike after failing to reach common ground at two meetings in January with Amazon and the collapse of negotiations with employers association Assoespressi, which…

Britons spend billions on wear-it-once summer fashion for holidays, weddings

It underlines the throwaway nature of fast fashion and how Britons are among the world’s biggest culprits for the huge amount of fashion product that ends up in landfill.The survey of 2,000 people…

Flipkart co-founder challenges Indian enforcement agency probe

The agency, the Enforcement Directorate, had in July issued a so-called show cause notice to Flipkart, its founders and some investors asking them to explain why they should not face a penalty of…

Free-spending consumers lift company profits, but Trump tariffs now loom

Several major U.S. companies, including Procter & Gambler, defied analysts’ sluggish earnings forecasts.Refinitiv analysts said on Thursday that they expect quarterly earnings growth of 2.5% for S&P 500 companies, compared with the 0.4%…