Europe's top online-only fashion retailer Zalando is stepping up its fast-growing brand partnerships programme, building on ties with the likes of Nike and Superdry to repel the challenge of U.S. interloper Amazon.
Shares of Australian shopping mall giant Westfield Corp rose as much as 15% on Wednesday, their biggest single-day gain, after the company said it would accept a $16 billion takeover offer from France’s Unibail-Rodamco.
To increase sales and improve brand perception across its beauty category, Germany's Henkel, which owns Fa, Schwarzkopf and Diadermine, is redirecting collections toward a more natural-conscious consumer and millennials.
Retail giant Inditex isn’t immune to fashion’s negative trends, but the company is certainly doing better than many, saying Wednesday that net sales in the first nine months of the year were up 10% and profit was up 6%.
Activist investor Land and Buildings on Tuesday reiterated that Canadian department store operator Hudson’s Bay Co’s real estate assets were worth substantially more than the company’s current market valuation.
Chinese tech giant Tencent Holdings Ltd plans to buy a 5 percent stake in Yonghui Superstores Co Ltd, the department store operator said on Monday, in the latest push by China’s internet giants into offline retail.
We may be deep into the Christmas shopping season but John Lewis is struggling to generate notable sales growth with its latest weekly results showing an overall sales rise of just 0.1% to £151.9 million.
South Africa's Steinhoff is considering selling stakes worth a combined $1.4 billion (1.1 billion pounds) in local companies PSG Group and KAP Industrial to help plug a liquidity gap at the retailer, sources said.
Joules continues to go from strength to strength with the UK-based fashion retailer saying Tuesday that it has seen “further brand expansion across markets and channels” in the half-year to November 26.