Australia’s largest department store operator Myer will stop selling “unprofitable” Apple Inc products as part of its drive to focus on higher-margin items, Myer Holdings said on Friday.
Flacks Group said on Friday it would not make an offer for Laura Ashley Holdings, nearly a month after the British fashion retailer dismissed an unsolicited takeover offer from the investment firm.
L'Officiel Russia is set to embark on a relaunch after several months of silence following a dispute between its publisher and its former owner.
Tiffany & Co missed Wall Street estimates for quarterly sales on Friday, two months after the luxury retailer signaled soft demand in the holiday season.
Next has delivered full-year profits in line with its guidance and also reported higher full-price sales. But the results for the year to January weren't full of good news as store sales fell.
Online retail in the UK enjoyed a warm weather boost in February as a mini heatwave sent the e-tail sales rise easily above the averages seen in the last few months, according to the IMRG Capgemini eRetail Sales Index.
Ikea is scouting Mexico’s biggest cities for its first store locations in the country, the furniture retailer said, as it expands in Latin America to battle growing competition in its core U.S. and European markets.
The Spanish lingerie brand has recently opened a new store in Moscow, taking its total number of stores in Russia to 60. Ten more openings are planned in the market for the coming months.
John Lewis sales may have dipped in the latest week but fashion stayed strong and shoppers seemed to be thinking about their summer holidays already.
American athletic and performancewear company Under Armour, Inc. has named Kasey Jarvis as its new chief design officer, with an expected start date set for early April.
South African retailer Steinhoff said an independent report had found it had overstated profits over several years in a $7.4 billion accounting fraud involving a small group of top executives and outsiders.
South Korea's Lotte will close one of its department stores in China this month and ramp up efforts to exit the country entirely after it failed to recover from a boycott there.
As the battle over who controls Debenhams (its current board, its lenders or major shareholder Mike Ashley via Sports Direct) intensifies, Debenhams has issued a reply to Ashley’s latest offer.
Inditex's Pablo Isla has announced that the long-term goal is for Zara Home to be considered a section of Zara. The homeware brand will continue to operate standalone stores, with some products available in Zara.
Inditex continued to prosper in its latest year and the good performance is continuing in the current year, although its shares fell on Wednesday as investors clearly wanted more.
