The fashion sector struggled last month and even cold weather and Black Friday failed to propel sales upwards with womenswear, menswear, footwear and department stores all sluggish or weak, Barclaycard said Tuesday.
Neiman Marcus Group Ltd, the luxury retailer facing a $2.8 billion loan coming due in two years, said on Friday it failed to reach an agreement with its noteholders and term lenders to restructure its debt.
Patrizio Bertelli intends to ensure that the 36th America’s Cup, which is being sponsored by his Italian fashion house Prada, is open to as wide an audience as possible.
Amazon.com briefly became the most valuable company on Wall Street in intraday trade on Monday, days after Microsoft Corp dethroned long-time leader Apple Inc.
The footwear company announced on Monday that it has entered into an agreement with Blackstone Capital Partners to buy back 50% of the investment firm’s preferred stake for $183.7 million, or $26.64 per share.
Retail executives looking to understand the future of retail should take a close look at Asia, where retail is booming and the region is leading in terms of retail growth.
The British government should levy a tax on retailers with online sales accounting for more than 20 percent of revenue to save traditional shopping districts, the boss of Sports Direct told lawmakers on Monday.
A new report predicts that the world jeans retail market will hit $60.09 billion by the year 2023, with particularly strong growth expected in developing markets.
The children's fashion brand has partnered with Aerin Lauder, founder of luxury lifestyle brand Aerin, and style and image director at Estée Lauder, on a limited-edition children's capsule collection.
The Italian eyewear company has created the new role of digital transformation officer, which it has confided to former Benetton group digital business director Andrea Bulgarelli.
A selection of Italian manufacturers which supply fabrics and other items to luxury brands such as Prada and Louis Vuitton are coming to the next edition of Pure Origin in February as part of a new ‘Country Focus’.
The Italian fashion label has teamed up with the Spanish king of the platform espadrille, producing an ultra-colourful men’s and women's collection available in stores from December.
From January 18 to 21, the trade show organised by WSN will no longer run alongside Première Classe. Moving forward, accessories will be merged with fashion as part of a single trade show: Who's Next.
The store closures and job cuts for New Look in France, decided by the chain’s UK management, have been postponed, as new France CEO Paul-Henri Cécillon is working on a restructuring plan.
JD Sports is continuing its growth abroad and is ramping up its Australian operations with a plan to double its store numbers on the back of shoppers showing an "unbelievable" appetite for its products.
