Gap Inc boosts 2013 dividend as fourth-quarter tops Wall Street
Gap fourth-quarter profit beat estimates, helped by higher comparable store sales in North America and the apparel retailer raised its dividend for this year by 20 percent to 60 cents.
Retail
John Lewis sales rise as school's out
Britain's biggest department store group John Lewis said its good start to the year continued with sales increasing 17.2 percent last week, boosted by the later falling of half term...
European consumption limps through 2012
After a chaotic 2011, Eurelia has now released its 2012 consumer summary — a sluggish year for 90 of its member retailers in eight European countries.
TJ Maxx owners to open more stores and plan to wade into e-commerce this year
TJX Cos Inc, the owner of the low-price T.J. Maxx and Marshalls chains, has said it plans to expand its chains abroad and domestically this year and finally introduce e-commerce.
Sports Direct buys Republic stores
Sports Direct, Britain's biggest sporting goods retailer, said on Thursday it has purchased 114 Republic stores from the administrator of the failed fashion retailer.
Target profit slipped in winter holiday quarter
Retailer Target Corp appears poised for a solid showing in the first quarter and forecast a higher profit for the year after a weak performance in the key holiday season.
The Kooples open shop in Copenhagen
The French brand has added a ninth country to its list of markets with the recent opening of its first corner in Denmark in the Illum department store in Copenhagen.
Macy's and Saks beat holiday quarter expectations
Department store chains Macy's and Saks both beat holiday quarter profit estimates and on Tuesday said sales at established stores were expected to rise in 2013, as they invest in online...
AB Foods says Primark drives better first half
Associated British Foods forecast first half results ahead of its expectations at the start of the year, driven by the performance of its Primark discount fashion chain.
2013, Gap’s year of “global brand structure”
Reorganization of its international structure, new markets, the rising star of its new creative director — 2013 promises to be a busy year for Gap.
Abercrombie Q4 comparable sales fall, profit tops view
Abercrombie & Fitch Co reported a drop in fourth-quarter comparable sales on Friday as the youth fashion retailer continued to struggle overseas and its Hollister chain showed weakness...
French Galeries Lafayette to counter bid for Printemps
French luxury retail group Galeries Lafayette plans to make a counter offer for rival department store group Le Printemps, its CEO told French daily Le Figaro.
Printemps owners in talks with Qatari investors
Italian businessman Maurizio Borletti has joined up with Qatari investors to bid for control of Printemps, the upmarket French department store and tourist hotspot.
Chinese 360buy.com raises 300 million euros
Following the October 18 launch of its international website in English, the Chinese e-commerce retailer has now raised funds from a group of investors led by the Saudi fund Kingdom Holding.
Europe's H&M aims to set up shop in India
European budget fashion retailer Hennes & Mauritz said it will apply to open stores in India, the third-biggest economy in Asia, as it seeks to expand into faster-growing markets.
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