China's industrial output and retail sales growth accelerated more than expected in November, suggesting resilience in the economy as Beijing seeks to prop up domestic demand amid the trade war with the United States.
Up-for-sale Australian brand RM Williams’ earnings are forecast to more than triple by 2024 said investment bank Goldman Sachs in a pitch sent out to attract interest from potential trade and private equity buyers.
Esprit’s problems are continuing with the Hong Kong and Germany-based firm reporting another set of weak results, although they were better than predicted and the company thinks it's on the right track.
MySale Group has finally made its mind up what it will do with the UK-based Cocosa operation - it’s selling it. The company has entered into an unconditional agreement to sell the website to Brandalley.
MySale issued a profit warning on Tuesday with the Cocosa owner saying that it has seen “challenging conditions during its peak trading period.” And it's reviewing its UK business as it focuses on "ANZ-first".
The news doesn't get any better for Esprit with the fashion giant saying that its fiscal first quarter was tough. And the warm summer weather continuing into early autumn seems to have been partly to blame.