From dresses, to handbags, diamonds and music downloads, consumers in Asia are taking to Internet shopping like never before as the region becomes one of the world's fastest growing e-commerce markets.
The nation's biggest sporting goods retailer, Sports Direct International (SPD.L) forecast full-year earnings in line with market hopes as it reported a 12 percent increase in third-quarter sales, sending its shares 6 percent higher.
Fashion retailer Hennes & Mauritz AB posted a smaller-than-expected 1 percent year-on-year fall in January sales at established stores. The mean forecast in a Reuters poll of 12 analysts had been for sales to fall 2.
Ahmed, clad in an elegant black suit, smiles from behind a fine display of cosmetics at a department store in Dubai, but most shoppers glance quickly and dash away, with only a few reaching the cashier.
Shiseido Co, Japan's largest cosmetics maker, may buy distributors in India, Vietnam and the Middle East to boost its sales growth in these emerging markets, the company's top executive said on Thursday.
Footwear retailer Brown Shoe Co Inc said it expects to cut 12 percent to 14 percent of its domestic work force, excluding stores and distribution centers, and take a charge of $27 million to $30 million related to its cost-reduction actions.