IKEA Group, the world's biggest furniture retailer, will maintain or raise already high levels of investment in coming years as it adapts to fast-changing shopping habits, its new CFO said on Wednesday.
Abercrombie & Fitch Co beat expectations for holiday quarter sales at established stores, driven by demand for its Hollister apparel and a rebound in sales at its Abercrombie brand after five years of declines.
New Look has officially announced its long-rumoured company voluntary arrangement (CVA) proposal with which it’s targeting a reduction in its store count and rent costs, and almost 1,000 jobs are at risk
El Corte Ingles is preparing to accept non-cash payments through the Alipay payment system across its store portfolio, following a new agreement with e-commerce company Alibaba to attract more Asian consumers.
The German logistics group said it expected a further increase in earnings after a 7.2% jump in 2017 profit, with online shopping driving demand for parcel deliveries and a turnaround at its freight unit taking hold.
Clothing, cosmetics and other products from the United States may be subject to European Union duties if U.S. President Donald Trump carries out his threat to impose global import duties on steel and aluminum.
Target Corp said on Tuesday it expects profit margins to stabilize in the year ahead even as they are pressured by investments in store and online operations, sending its shares down more 4 percent in afternoon trading.
One of the biggest jobs in UK fashion has gone to… a top executive from the gambling sector. Shop Direct has named Henry Birch to run the group. He's currently CEO of Rank Group and won't join Shop Direct immediately.