Fast Retailing’s Uniqlo struggled in November in its domestic Japanese market with the retail giant seeing a 5.5% comparable sales fall and 5.8% drop in total. Both figures included its online operations.
Private equity firm Catalyst Capital Group’s unsolicited bid for Hudson’s Bay Co is not “superior” to an agreed upon deal with a consortium led by its executive chairman, the retailer’s special committee said on Monday.
Zalando, Europe’s biggest online-only fashion retailer, said on Wednesday it attracted 840,000 new customers during the Cyber Week sales, while the value of orders placed on its site jumped by almost a third.
France and the U.S. on Tuesday said they would seek to ward off a trade war after Washington threatened tariffs on French products including cosmetics and handbags and Paris warned of retaliation backed by the EU.
The sportswear brand has announced the launch of a plant-based running shoe. The result of three years of research, the Forever Floatride Grow supports the brand’s objective to reduce the use of petroleum-based plastics.
Bruno Saint Hilaire has failed to find a buyer. It filed for receivership in July, following a period of declining sales and worsening losses, and has now gone into liquidation, with its 85 employees and 20 stores.
British shoppers picked up the pace of their spending last month - excluding distortions caused by the timing of Black Friday - as they took a break from worrying about Brexit, a survey showed on Tuesday.