US athletic sportswear giant Nike is to hive off two of its wholly-owned affiliate brands Cole Haan and Umbro - to allow it to concentrate on driving growth in its core signature brand plus its Jor...
US retailers mostly reported May same-store sales gains Thursday, many at the top end of analysts expectations, as shoppers took advantage of good weather to buy new spring/summer merchandise. An ear...
Sycamore Partners has finally agreed to buy womenswear retailer The Talbots for $2.75 per share in cash. The transaction, which is valued at around $369m, including net debt, is expected to close in ...
There was an uplift in UK consumer confidence in May, according to research agency GfK NOP, but although the news is welcome the situation is still weak.
Google is making major changes to Google Product Search in the US that will see it charge retailers for listings and return search results that are partly influenced by how much they and advertisers ...
TaylorMade-adidas Golf has completed the acquisition of Adams Golf Inc for approximately $70m.
US department store retailers had a largely successful May as those targeting the higher-end consumer continued to perform strongly.
UK retailer John Lewis posted solid gains in its latest week, with its online operation coming to the fore as people enjoyed the summer weather.
Giorgio Armani SpA is aiming to expand in China, hoping to benefit from the countrys booming middle classes.
Australia retail giant Target Thursday unveiled details of a four-year turnaround plan, saying a A$40m ($39m) restructuring spend this year will focus on fast fashion to help the department store cha...
Australias David Jones said consumers remain gloomy as the high-end department store Thursday reported a 3.1% decline in Q3 same-store sales as global market uncertainty continues to dent sentiment a...
Myer Holdings can beat its online rivals by offering the best of both worlds the ability to buy online but try on items in person its CEO said Wednesday.
Graff Diamonds is putting its $1.5bn Hong Kong IPO on hold because of tumbling stock markets, the UK jeweller said Thursday.
Intimate apparel maker Hanesbrands is to exit Europe by selling its Imagewear division, will put its Outer Banks brand on the block and will discontinue its private-label production in the US. It sai...
German retail sales in April increased more than expected in adjusted terms, data from the countrys statistics office, Destatis, showed Thursday.
US chain store sales were in decent shape last week, with one key measure saying that consumers shopped more, especially at discounters.
Multi-channel apparel retailer J Crew Group reported a stellar Q1 with earnings up 90% on an impressive sales performance.
Womenswear retailer Coldwater Creek narrowed its Q1 loss on cost management but weak sales remained a concern despite merchandise improvements to address previous missteps.
Menswear retail giant Jos A Bank Clothiers reported a worse-than-expected 20% decline in Q1 profit as sales missed analysts estimates, sending its shares 3.6% lower Wednesday.
Department store giant Macys reported total May sales rose 4.1% to $2.015bn as same-store sales lifted 4.2%.Online sales also jumped 42.3%.
Athletic footwear retailer Finish Line raised its Q1 earnings forecast Wednesday, seeking to justify planned spending hikes on store upgrades, new stores and technology.
JC Penney Co plans to add more Friday sale days as it backtracks from an unsuccessful strategy of cutting promotions.
Eurozone economic sentiment fell to its lowest level in nearly three years in May.
Chinese apparel retail giant Bosideng is to open a store in London, becoming its debut flagship and HQ for Europe.
UK retail sales in May provided a glimmer of hope for the high street, with 43% of the respondents to a Confederation of British Industry (CBI) poll reporting an increase in sales compared with a yea...
Neiman Marcus completed an almost perfect Q3 as earnings jumped 35% on solid sales growth and improving margins while the high-end department store group talked of expanding its new trend-driven shop...
China will become the worlds largest online retail market in 2013, a Ministry of Commerce (MOC) official forecast suggested Tuesday.
German companies are more upbeat about their business outlook thanks to robust domestic consumption and demand from export markets beyond the eurozone, Reuters reported the German Chambers of Industr...
Facebook shares continued their downward spiral Tuesday as the launch of options trading in its stock triggered record activity but threatened to push physical share prices even lower.
French luxury brands will come together Wednesday, launching a poster campaign aimed at tackling counterfeit crime.
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