US shoppers spent $12.7 billion online during Amazon.com Inc.’s 48-hour Prime Day, up 6.1 percent from a year ago but short of estimates for 9.5 percent growth, according to Adobe Inc.
The online retailer has a new generative-AI chatbot to help users with their styling and shopping questions, but unlike other AI chatbots launched by big fashion retailers, this one integrates directly into ChatGPT.
Mielle Organics is set to begin a groundbreaking partnership with the WNBA as the elite US women’s basketball league’s first textured hair care partner, the brand said in a statement Thursday.
Investment firm Wellington Management is in talks to lead a new funding round for Skims, which could value the underwear clothing company owned by Kim Kardashian at about $4 billion, according to people familiar with the matter.
Swatch Group reported record growth for the first six months of the year, benefiting from the removal of the final Covid-related restrictions in Asia, the watchmaker said on Thursday.
Profit rose to 330.6 billion yen ($2.38 billion) from 271.1 billion yen in the year-earlier period.
Amazon.com’s Prime Day two-day shopping event saw US online sales rise nearly 6 percent to $6.4 billion from a year ago on its first day, as heavy discounts lured bargain-hunting customers who splurged on appliances and toys, Adobe Analytics data on Wednesday showed.
Italian luxury fashion group Tod’s said on Wednesday that creative director Walter Chiapponi was leaving the company “by mutual agreement” after four years.