The luxury accessories brand Montblanc has seen sales in smaller Indian towns grow through its joint venture with the Indian watch brand Titan and has named India as its fastest growing global market.
The General Pants Company-owned women's fashion and innerwear retailer declared bankruptcy late last week, forecasting the closure of all 12 retail stores, as well as its Myer concessions and online store.
The German retailer said on Tuesday it hopes to stabilise its shrinking Russian business in the coming months after overhauling management and introducing bulk discounts to attract more independent traders.
U.S. retail sales increased marginally in April as rising gasoline prices cut into discretionary spending, but consumer spending appeared on track to accelerate after slowing sharply in the first quarter.
Amazon.com Inc is bringing its grocery store without checkout lines to Chicago and San Francisco, the company said in a statement this week, confirming reports it will expand the concept beyond its pilot in Seattle.
Southern Tide has launched an exclusive seven-piece men's capsule made from recycled fishing nets and bottles found in the ocean, aiming to raise awareness about the company's goal of supporting marine conservation.