Women need no longer walk out of apparel stores seeking accessories to complete their ensembles. One-stop shops selling everything from clothes to scarves and jewelry are not a fad, but are here to stay. In a hard-hit U.S.
Zara owner Inditex said on Wednesday that Spain was "slightly below average" compared to its other markets. The retailer was asked on an analyst call about how the consumer downturn in Spain was affecting it.
Gold prices advanced Wednesday as the precious metal continued to garner support from ongoing turmoil on world financial markets, traders said.On the London Bullion Market, the price of gold rose to 834.02 dollars per ounce, from 779.
J.C. Penney Co Inc, Kohl's Corp and American Eagle Outfitters posted lower August sales at stores open at least a year on weaker back-to-school spending, but the declines were not as steep as Wall Street feared.
Snowboarding gear retailer Zumiez Inc posted a surprise 0.2 percent rise in August sales at stores open at least a year, sending its shares up 6 percent in after-market trading. Six analysts, were on average, expecting same-store sales to fall 3.
Footwear retailer DSW Inc reported better-than-expected quarterly results, with a 67 percent rise in earnings, helped by strong merchandise margin rates. The Columbus, Ohio-based company earned $11.0 million, or 25 cents a share, compared with $6.
Shares in Shanghai Metersbonwe Fashion & Accessories Co 002269.SZ, the first major fashion retailer to list in China, rose 34 percent in their market debut on Thursday August 28th, at the low end of analysts' forecasts due in part to a weak stock market.