How bad was UK retail last month? On the footfall front it was very bad indeed. Ipsos Retail Performance’s Retail Traffic Index showed store visits dropping 9.1%. But was it a sign of worse to come or a one-off blip?
Lululemon has dropped its patent infringement lawsuit against Under Armour where it originally claimed UA copied two of its patented sports bra strap designs and the distinctive look of the strappy Energy Bra.
Seoul and Beijing have agreed to move beyond a year-long stand-off over the launch of a US anti-missile system in South Korea, a dispute that has devastated South Korean businesses that rely on Chinese consumers.
Moody's Investors Service has reported US retail remains stable, despite lower operating income expectations. While certain retailers have been hit hard, they account for a small part of the overall US retail landscape.
Hermes , the French label known for its $10,000 (7,572.89 pounds) - plus Birkin and Kelly bags, plans to add two leather goods workshops in France by 2020 to meet a recovery in demand for luxury goods.
Malls have spent a reported $8 billion on renovations to distance themselves from traditional retail outlets. Trends include renaming properties, and adding entertainment and residential features for secondary use.