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 expects operating income to remain flat at approximately $783.2 million (€491 million) – the same figure seen in 2017.
J.Crew chairman and former-chief executive Millard “Mickey” Drexler has stepped down from his position to focus on other interests.
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.
With the completion of its acquisition of Versace, global fashion group Michael Kors Holding has successfully transitioned.
Sears chairman Eddie Lampert’s last minute plans to save the bankrupt retail chain are set to be terminated on Friday afternoon.
Bankrupt U.S. retailer Sears has been hit with a charge of approximately US$443 million due to store closures.
Online retailer looking to expand into US international airports.
Internal committee have been made aware of “further serious allegations.”
Staff say CEO forced them to hug him, sit on his knee.
Walmart sales reached US$124.9 billion in the third quarter, an increase of 1.4 per cent.
Jewellery retailer Pandora is looking to China, India and Latin America to arrest a decline in global sales.