UK consumer confidence has dropped again with a one point fall in the Consumer Confidence Index to -10, a sign of the increasingly chilly economic environment that’s helping to keep fashion sales muted at present.
German annual retail sales fell sharply in September, confounding economists' expectations for an increase, data showed on Wednesday, adding to signs that the long boom in Europe's largest economy may be closing.
Gem Diamonds Ltd raised its full-year production target on Wednesday after reporting a 16.2 percent jump in diamonds found during the quarter, as demand and prices for white rough diamonds remained firm.
Kurt Geiger has reported strong results in its latest financial year but analysts are concerned that the problems at UK and US mid-market department stores will make life tougher for the footwear retailer.
Next issued a fairly brief trading statement on Wednesday and unlike many such releases in recent periods from UK fashion companies, it didn't contain a profit warning. But sales growth is still slowing.
Facebook Inc on Tuesday relieved investors by forecasting that margins would stop shrinking after 2019 as costs from scandals ease up, sending shares up despite a second-straight quarter with record-low user growth.
The American fashion footwear company reported its financial results for the third quarter of 2018 on Tuesday, announcing continued progress across its business, with particular headway made in its retail segment.
Ebay Inc beat analysts’ estimates for third-quarter profit by managing costs at a time when bigger rival Amazon.com Inc missed revenue estimates and forecast sales below expectations for the holiday quarter.
Having acquired a significant portion of Global Brands Group’s American business, the consumer brands company has announced that it has changed its name to Centric Brands and will be welcoming Jason Rabin as its new CEO.
Traffic growth on Baidu Inc's mobile app helped drive higher-than-expected third quarter revenue as China's biggest search engine operator places more emphasis on artificial intelligence (AI) and autonomous driving.