Retail sales slumped in June at the sharpest rate on record, official figures showed on Thursday, more than wiping out May's record rise and dragging three-month growth down to its weakest since late last year.
Wal-Mart Stores Inc presented a colorful, casual line of youthful looks for kids and teens on Saturday at a fashion show that previewed the mass-market chain's new low-cost offerings for back to school.
Macy's Inc is "financially healthy" in spite of the declining value of its share price, Chief Executive Terry Lundgren wrote in a letter to executives on Friday. Macy's sales at stores open at least a year were down 1.
Summer weather, aggressive promotions and tax rebates sent many U.S. consumers shopping in June, giving retailers struggling in the weak economy their strongest month in more than a year. About two-thirds of U.S.
Online fashion retailer ASOS shrugged off the consumer downturn, posting a steep rise in annual profit and a near doubling in first-quarter sales as it benefits from the growing popularity of Internet shopping.
Descendants of Russia's fallen czars and the cream of global fashion feted the re-launch Monday of a 1920s label founded by high-society Bolshevik exiles, the Romanovs and Yusupovs, for the international elite of the time.
Though America stands poised for its first black president in history, the fashion world descending on Paris for this week's couture-show summit will be treated yet again to a "white-out" on the catwalks.