Has the devastation of the UK high street made a dent at the value and older end of the fashion market? Bonmarché gave us some clues on Monday when it issued first-half results and it seems to be making progress.
Shares of sports retailers soared on better-than-expected earnings from Foot Locker Inc, Shoe Carnival Inc and Hibbett Sports Inc as the companies sold more premium shoes and cut stocks of low-margin ones.
The Death by Amazon Index launched in 2012 is now being joined by new exchange-traded funds launched Thursday, which allow investors to bet on the decline of traditional retail or on the rise to supremacy of online sales.
Deckers Brands filed a letter to stockholders on Friday touting the company’s turnaround strategy, a move against activist shareholder Marcato Capital Management, which is seeking drastic changes to the company.
The Chinese internet giant said on Monday it would invest HK$22.4 billion (2.17 billion pounds) for a major stake in China's top hypermart operator, Sun Art Retail Group Ltd, part of a wider push into offline retail.
Adidas, a long-standing sponsor of FIFA, “would have a problem” with the global soccer body if it was found to have broken the law by a U.S. investigation into bribery, the company’s chief executive told a German paper.
Azzedine Alaïa has died, aged 77. One of the greatest influencer-designers, he defined body-con dressing, staying relevant as trends changed via his signature style, and being the first designer to go seasonless.
The South Korean cosmetics brand Dr.Jart+, which specializes in targeted skincare products presented in futuristic-looking packaging, is in the process of intensifying its international expansion efforts.