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Macy’s ends Tmall store in strategy shift

Bloomberg For the second time this year, Macy’s Inc. is switching up its approach to China as it struggles to get its presence in the world’s most populous market right. Macy’s is shuttering its online store on Tmall, the platform for China’s biggest e-commerce company, Alibaba Group Holding Ltd. Macy’s will now ship to Chinese consumers directly from its US ...

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Lufthansa bills cabin-crew union for work done on company time

Bloomberg Lufthansa AG has billed a cabin-crew union for pay it says some staff received when they were actually working for the labour group, marking the latest in a series of spats with employee representatives. The people were paid at various times between 2015 and 2018 when they were engaged with the UFO union rather than flying, Lufthansa said in ...

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Virgin Atlantic studied low-cost airline to combat Norwegian

Bloomberg Virgin Atlantic Airways Ltd. looked seriously at establishing its own low-cost carrier before scrapping the plan amid concern that the move might dilute its brand. The UK airline worked on the project for some months but ultimately opted to split its economy class into three price grades to better attract cost-conscious travelers, Chief Executive Officer Craig Kreeger said. Like ...

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