Shein reportedly will file a confidential prospectus for a listing on the London Stock Exchange in the coming days. It is not immediately clear whether an overseas IPO application by Shein would require the approval of mainland regulators.

Zara is to expand its live shopping broadcasts to the UK following a successful trial in China.

Rents remained under downward pressure as retail sales dipped further in May. Rents on prime retail streets, however, have gained momentum.

Lowe's says it is the first home improvement retailer to offer customers an in-store, Apple Vision Pro powered experience, with a pilot set to launch in three test markets this month.

Mastercard has announced the expansion of its global Biometric Checkout Programme in Latin America (LAC). With partners Ingenico, Fulcrum Biometrics, Fujitsu Frontech, and Scanntech, it has launched an in-store biometric payment experience at Tienda Inglesa’s Red Expres in Uruguay.

Cashback shopping platform Rakuten has launched an exclusive membership program for designer brands to help them connect with select customers.

Avolta, the world's biggest airport retailer, and FinTech firm, utu, are launching a pilot that aims to maximise duty free shopping opportunities at Milan's Malpensa and Linate Airports.