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Burberry teams with Tencent on social media-friendly stores

Bloomberg Burberry Group Plc is teaming up with Chinese internet giant Tencent Holdings Ltd to experiment with blending retail and social media in the key luxury market. The first step in the Tencent alliance will be a Burberry store in Shenzhen powered by the operator of social network WeChat. The space will offer “unique experiences that connect luxury customers’ social ...

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Nike ends pilot project selling its products on Amazon site

Bloomberg Nike Inc is breaking up with Amazon.com Inc. The athletic brand will stop selling its sneakers and apparel directly on Amazon’s website, ending a pilot programme that began in 2017. The split comes amid a massive overhaul of Nike’s retail strategy. It also follows the hiring of ex-EBay Inc Chief Executive Officer John Donahoe as its next CEO — ...

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S African Airways cancels more flights over workers’ strike

Bloomberg South Africa Airways (SAA) extended flight cancellations to four days as a strike over pay and job cuts at the loss-making state carrier got under way. Regional and domestic routes will remain suspended through Monday, two days longer than previously announced, the airline said in an emailed statement. International services will resume on November 17, it said. Two labour ...

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