Country Road buys Witchery Group for $181 million
Australian clothing retailer Country Road, a unit of South Africa's Woolworths, will buy local rival Witchery Group in a $181 million deal that broadens its offering in upscale apparel.
Retail
Next defies retail gloom with sales rise
Britain's second-biggest clothing retailer, beat its target for first-half sales growth, helped by a particularly robust performance from its Directory home shopping business as the wet...
Metro AG says picking up speed in tough Europe
Cost-cutting helped Metro eke out a 2 percent rise in second-quarter profit, while the world's No.4 retailer said there were signs its drive to lower prices and invest in services was...
Mr Porter takes over StudioHomme’s client base
The Net-A-Porter group’s menswear site has bought the domain name and client database of French website StudioHomme which has been in administration since May. The French retail site’s...
Weak rise in retail sales in July disappoints stores
British retail sales rose in July more slowly than stores had expected, dented by unusually rainy weather, a survey by the Confederation of British Industry showed on Monday.
Fifth & Pacific loss narrows, Kate Spade sales up
Fifth & Pacific Cos Inc reported a narrower quarterly loss on Thursday, helped by sales of its upscale kate spade brand.
John Lewis sales rise as Britons get set for Games
John Lewis, Britain's biggest department store group, posted yet another double-digit rise in weekly sales, as shoppers geared up for London 2012 with Games inspired purchases ranging...
Old Navy moves to the land of Uniqlo
The most affordable brand of the Gap group just opened its first store outside North America and chose Japan to be its first outpost.
Taubman Centers 2nd-quarter meets Street, sales wane
Taubman Centers Inc said a key earnings measure rose and it raised its outlook for the year, as rent at its luxury malls increased in the second quarter.
Capital Shopping Centres rents fall as shops go bust
Capital Shopping Centres, which owns 15 of Britain's biggest malls, said like-for-like net rental income fell 2.3 percent in the first half of 2012 as retailers went bust in the country's...
Zale shares rise on credit refinancing
Shares of jewelry retailer Zale Corp rose as much as 28 percent after the company said it amended a $650 million credit facility at a lower interest rate and prepaid part of its debt,...
Margin improvements to continue at Jones Group
Jones Group Inc, the maker of clothes and shoes under such brands as Nine West, Jones New York and Anne Klein, expects to build on efforts to improve gross margins that lifted its...
J.C. Penney stock jumps following influential tweet
Shares of J.C. Penney Co Inc jumped almost 10 percent briefly on Wednesday after a well-known fashion editor sent a glowing message about the department store's revamp under chief...
U.S. premium outlet malls to try Canada on for size
With hungry Canadian shoppers flocking to U.S. outlet malls every weekend in search of deals, it is perhaps no surprise that U.S. developers have plans to bring a dozen or more premium...
Jones Group quarterly profit beats on improved margins
Jones Group Inc, the clothing and shoe manufacturer of such brands as Nine West, Jones New York and Anne Klein, posted a quarterly profit that beat Wall Street expectations on improved...
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