Retailers selling products online could face ‘major disruption’ as strict new rules on internet sales could see a third of transactions fail to complete, an MP has warned. Anti-theft measures being introduced by the EU in September will mean that consumers will have to use their smartphones to complete purchases over £27. It could mean […]
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]]>Department store Debenhams has revealed its Christmas trading was disappointing and has warned that annual profits will fall below expectations as a result. Analysts had been expecting annual profits to be about £83m, but following its Christmas performance the retailer has now said should the current “competitive and volatile environment” continue, the underlying pre-tax profits […]
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]]>Hennes & Mauritz (H&M) will be launching its e-commerce website in India next year, the company said in its nine-month report for the period between December 2016 and August 2017 released on Thursday. The global fashion garments retailer, which registered 142% sales growth in India from 17 operational stores during the nine months, currently has […]
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