The purchase by Sports Direct of department store group House of Fraser drew a cautious response from analysts on Monday, with some saying the deal could backfire on Mike Ashley, the sportswear retailer's founder.
Japanese discount retailer Don Quijote Holdings Co Ltd said it would be interested in buying Seiyu if Walmart Inc puts the Japanese supermarket chain up for sale, as it expands its presence in the domestic market.
Urban Outfitters, American Eagle Outfitters and other retailers are filling stores with styles from the 1990s in a bet that fanny packs, chunky-soled sneakers and high-waisted “mom jeans” will lift back-to-school sales.
The pensions of 9,000 employees of collapsed UK retail chain BHS were secured on Sunday after a specialist insurer announced an insurance buyout of the firm's 'BHS2' scheme covering 800 million pounds of liabilities.
Adidas has taken an impairment charge on its struggling Reebok brand, but said the retrospective accounting move would have no impact on its 2018 results as it reported a better-than-expected second quarter.
The fashion house's efforts to revamp stores as well as its high-end shoe brand Jimmy Choo paid off as the company topped Wall Street’s quarterly profit estimates on Wednesday and raised its full-year earnings forecast.
Snap Inc on Tuesday received a vote of confidence from a billionaire investor and reported record revenue from outside North America, factors that helped soften the blow of its first-ever drop in daily users.