Dubai-based retail developer Majid Al Futtaim said on Monday its annual EBITDA and revenue edged higher, sharply slowing from the pace of growth seen in 2018, amid challenging conditions in its key Middle East markets.

EU antitrust regulators on Tuesday extended their investigation into Ray-Ban maker EssilorLuxottica’s 7.2 billion-euro bid for Dutch opticians group GrandVision by two weeks to July 6, according to an EU filing. 

Britain’s biggest retailer Tesco has completed its exit from China with the 275 million pound sale of its joint venture stake to state-run partner China Resources Holdings.

The online fashion retailer reported a 16% increase in sales in the fourth quarter on Tuesday, as the company's high-end Forward business came into its own, posting particularly strong growth.  

The footwear company announced a slight increase in its fourth-quarter sales on Tuesday, but plummeted into loss as expenses related to environmental litigation took their toll on the group’s bottom line.

Macy’s Inc holiday-quarter results beat analyst expectations on Tuesday, but investor skepticism around its cost-cutting strategy at a time of intense online competition sent shares down nearly 5%.

The undisclosed sum from private equity firm Cassia Investments will go towards supporting the company’s expansion plans, following the opening of a townhouse-style store in Oxford earlier this month. 

Ted Baker is in talks to sell its ‘Ugly Brown Building’ headquarters in London’s Kings Cross after uncovering a multi-million pound black hole in its accounts.

Shopping malls giant Hammerson was focusing on its “further progress in portfolio optimisation" in its annual results statement, which underlined the tough times in UK retail at present. 

SMCP has warned about the impact of the coronavirus on its stores in China and its sales to Chinese tourists elsewhere talking of "a material negative effect".

As it looks to expand its portfolio, cruelty-free Californian cosmetics company E.L.F. Beauty has made its first strategic extension, acquiring Austin, Texas-based clean beauty brand W3ll People for $27 million in cash.

Sharon White, who took over the helm at the retail group just two weeks ago, said in an interview with the group's in-house magazine that she will review the new corporate structure before more changes take effect.

The owner of Spanish footwear brand Camper is set to end 2019 with revenues of €182.2 million, up 2% year-on-year, FashionNetwork.com can reveal. 

The Theo Paphitis-owned lingerie chain has appointed restructuring experts at Deloitte to work on a strategic review of the business, in a move that could lead to store closures. 

Auditors at Grant Thornton have raised concerns over the luxury brand’s financial viability as its Chinese owner struggles to repay its debts.