Retail

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    Asos continues international expansion

    Already present in seven countries, the British online fashion retailer now also wants to penetrate the Russian and Chinese markets. From April to September, Asos saw its international...

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    Fast Retailing CEO: sticking to Uniqlo Japan

    Fast Retailing, Asia's largest apparel retailer, is sticking to its Uniqlo sales target in Japan, despite a weak start to the fiscal year due to a lack of new products and warm autumn...

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    Groupon's China JV says sold fake Tissot watches

    Groupon's Chinese daily deals business Gaopeng said on Monday it had sold counterfeit luxury watches by accident and will compensate its irate buyers in its latest struggle in expanding...

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    Groupon travels 'tortured' road to Nasdaq

    When Groupon Inc filed its plan to go public with U.S. regulators in June, Chief Executive Andrew Mason proclaimed in a letter to prospective shareholders that "life is too short to be a...

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    Australia department store sales slide

    Sales at Australian department stores have fallen to a record low share of retail spending, according to new research by CommSec, extending a long-running decline as consumers head in...

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    U.S. chain store sales rise in October

    U.S. retailers continued to show strength in October, judging by a first set of sales results that suggest shoppers overcame anxiety over the state of the economy.

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    ASOS has China in sights as beefs-up IT

    British online fashion retailer Asos Plc is holding fire on opening more country-specific websites, including one for China, until it has enabled its platform to handle all language...

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    Macy's flagship to get $400 million makeover

    Macy's Inc is planning a $400 million make-over of its flagship store in Manhattan, including expanding the selling space in what is already the world's largest store, adding luxury shops...

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    Second Chance moves from retail to real estate

    Singapore's Second Chance Properties Ltd , which started out as a retailer of traditional Malay clothes and gold jewellery, has set its sights on real estate to fuel its next phase of...

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    Strong home shopping helps Next defy the gloom

    Surging online sales helped Next , Britain's No.2 clothing retailer, offset a tough third quarter at its stores and keep its full-year profit forecast despite the gloom engulfing the...