About Author
Dean Blake
Articles
JD Sports to acquire Footasylum for US$120 million
After acquiring an 18.7 per cent interest in the business, JD Sports has made a move to acquire footwear retailer Footasylum, offering $1.54 per share.
Hugo Boss reports strong sales in Asia-Pacific
Hugo Boss expects operating income to remain flat at approximately $783.2 million (€491 million) – the same figure seen in 2017.
J Crew chairman steps back
J.Crew chairman and former-chief executive Millard “Mickey” Drexler has stepped down from his position to focus on other interests.
Tiffany reports weaker sales
Tiffany reports a 1 per cent drop in worldwide net sales and 2 per cent drop in comparable sales for the two months to December 31.
Capri to increase focus on Asia
With the completion of its acquisition of Versace, global fashion group Michael Kors Holding has successfully transitioned.
Sears acquisition offers running out of time
Sears chairman Eddie Lampert’s last minute plans to save the bankrupt retail chain are set to be terminated on Friday afternoon.
Sears hit with US$443 million in charges
Bankrupt U.S. retailer Sears has been hit with a charge of approximately US$443 million due to store closures.
Amazon expanding cashier-less stores to airports
Online retailer looking to expand into US international airports.
Ted Baker founder takes leave of absence
Internal committee have been made aware of “further serious allegations.”
Ted Baker investigating harassment claims against CEO
Staff say CEO forced them to hug him, sit on his knee.
Momentum drives Walmart sales up again
Walmart sales reached US$124.9 billion in the third quarter, an increase of 1.4 per cent.
Pandora looks to China to arrest falling sales
Jewellery retailer Pandora is looking to China, India and Latin America to arrest a decline in global sales.
