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Tag: retail

2024 BMW Motorrad CE02 electric scooter coming to Malaysia in May? Estimated at RM40,000 retail price

March 21, 2024 No Comments Auto , , , ,

Is the 2024 BMW Motorrad CE02 electric scooter (e-scooter) coming to Malaysia? Our source close to the matter implies it is so, and will happen “likely end of April or early May,” with an estimated price of around RM40,000. Launched in 2021, the CE02 entered the international market in July 2023, targetted to the young [...]read more2024 BMW Motorrad CE02 electric scooter coming to Malaysia in May? Estimated at RM40,000 retail price

Shell to unload 1,000 retail locations in pivot to EV charging

March 20, 2024 No Comments Auto ,

  As part of its energy transition strategy, energy giant Shell plans to shed some of its retail locations, including gasoline stations, to focus more on EV charging sites. “We are upgrading our retail network, with expanded electric vehicle charging and convenience offers, in response to changing customer needs,” Shell said in its 2024 Energy [...]read moreShell to unload 1,000 retail locations in pivot to EV charging

India’s Urban Company revolutionised gig work for women. Then it bled them | Business and Economy

March 1, 2024 No Comments News , , , , , , , ,

Bengaluru, India — After years of working at a salon in Bengaluru, Shakeela Banu made a major life change in 2018 and joined Urban Company (UC), an app-based home services platform that has more than 52,000 workers across Indian cities, one-third of whom are women. At first, Banu was happy with the working conditions. Her [...]read moreIndia’s Urban Company revolutionised gig work for women. Then it bled them | Business and Economy

Irish January retail sales rise, fashion is most buoyant sector

February 28, 2024 No Comments Business , , , , ,

Ireland’s retail sales continue to rise but the figures from its Central Statistics Office for January show that explosive growth remains elusive. Photo: Pixabay In January 2024, the volume of retail sales increased by 0.5% month on month and by 2.7% year on year. But if car sales are taken out of the equation, the [...]read moreIrish January retail sales rise, fashion is most buoyant sector

Good news as UK retail sales rise but bad news as fashion trails other sectors

February 16, 2024 No Comments Business , , , , ,

There was some good news on UK retail sales on Friday as official figures showed that they rebounded in January. Well, good news for every category except clothing/footwear, which wasn’t among the raft of winners during the month. Photo: Pexels The Office for National Statistics (ONS) said that retail sales volumes are estimated to have [...]read moreGood news as UK retail sales rise but bad news as fashion trails other sectors

Rabih Kayrouz on his human-scale approach to retail

February 15, 2024 No Comments Business

To celebrate twenty-five years in business, Rabih Kayrouz is opening a temporary boutique in Paris from March 4 to May 30, at 16, rue Saint-Roch, in the 1st arrondissement. FashionNetwork.com looks back on his career and brand. The Lebanese couturier, who still holds a majority stake in his company, opened its capital in 2016 to [...]read moreRabih Kayrouz on his human-scale approach to retail

Permira picks banks for €4 billion sale of Best Secret retail club

February 7, 2024 No Comments Business , , , ,

By Bloomberg Published Feb 7, 2024 Permira has hired a trio of banks to assess options including a sale of German fashion retail club Best Secret, which could be valued at more than €4 billion ($4.3 billion) in any exit, according to people familiar with the matter. Bloomberg The private equity firm has chosen Deutsche [...]read morePermira picks banks for €4 billion sale of Best Secret retail club

Irish December retail sales rise, but fashion is down year on year

January 30, 2024 No Comments Business , , , ,

Irish retail sales rose last month with the Republic’s Central Statistics Office saying that December retail volumes were up 0.9% month on month and 3.9% compared to a year ago. Photo: Pixabay That said, excluding Motor Trades, the volume of sales rose by 0.3% on the month and by 1.8% on the year. The value [...]read moreIrish December retail sales rise, but fashion is down year on year

Forecasters expect retail footfall dip as rail strikes begin again

January 26, 2024 No Comments Business , , ,

More rail strikes in the UK can only mean one thing: further disruption to retail with footfall severely affected and a time when stores struggle to attract winter shoppers. Image: Pexels According to MRI Software, industrial action scheduled for 29 January to 6 February across the rail network, will result in “another damaging week for [...]read moreForecasters expect retail footfall dip as rail strikes begin again

UK retail footfall suffers as Storm Isha hits footfall

January 23, 2024 No Comments Business ,

As Storm Isha battered much of the UK on Sunday and Monday (21-22 January) it also took a severe toll on retail as footfall across all destinations fell 4.6% week-on-week and was down 5.1% on corresponding 2023 levels. Image: Pexels High streets suffered the steepest drop at -6.4% week-on-week and by -14% year-on-year. By comparison, [...]read moreUK retail footfall suffers as Storm Isha hits footfall