
The company, which went bankrupt in March, will relaunch under a group of anonymous investors.
The company, which went bankrupt in March, will relaunch under a group of anonymous investors.
Chinese e-commerce company JD.com made a pitch on Wednesday to attract more European luxury brands to its site, saying it can offer faster delivery and better protection against fakes than bigger rival Alibaba.
High-end Swiss leather goods brand Bally made its biggest underlying profit in a decade last year, buoyed by growth in the United States and Japan, Chief Executive Officer Frederic de Narp said in an interview.
John Lewis sales may have dropped in the latest week but its own brand womenswear went from strength to strength, while cold weather items continued to do well.
Johnson & Johnson raised its sales forecast for the year on Tuesday but kept its outlook for full-year profit unchanged, disappointing investors and sending its shares down 1.6 percent.
Britain’s JD Sports Fashion plans to look overseas for further growth after bucking a gloomy UK retail sector by boosting annual profit by a quarter, eyeing expansion in the U.S., Asia and other European markets.
Will a day go by this month when Hammerson isn't in the news? Perhaps not. The big story today is that the proposed mega-merger between the shopping centres giant and its smaller peer isn't going to happen.
Just a few weeks after filing for Chapter 11 bankruptcy protection, Claire’s Stores Inc reported on Tuesday net sales of $1.3 billion, up 2 percent, for fiscal 2017.
PVH Corporation has announced a three-year partnership with the World Wildlife Fund (WWF) to address water stewardship and improve water quality in its sourcing communities in Ethopia, India, Vietnam and China.
The New York-based consumer brands group announced on Tuesday that it has signed a multi-year deal with Chinese sportswear manufacturer and distributer Beiying Sports Technology Co. to expand its Avia brand to China.
Few Italian luxury brands have weathered the long global slowdown as well as Ermenegildo Zegna, which has just posted excellent results for 2017, despite a period of growing competition in high-end menswear.
Shopping centre owner Intu has announced an impressive set of results, including record retailer demand and high footfall, while the wider British retail sector continues to fight to survive.
Alibaba has disclosed the first results of Luxury Pavilion, the luxury website within Tmall it launched last August, whose services are expanding via a newly hatched loyalty programme.
In the 2017 financial year, the menswear group recorded a revenue of €1.183 billion, with a net income of €32.8 million. Its net financial position grew from €233 million to €316 million.
Grupo Cortefiel has changed its corporate and visual identity to Tendam as part of a strategic plan launched almost 2 years ago.