Fashion retailer New Look said underlying UK sales rose 2.8 percent in the 14 weeks to January 3 and that it planned to invest in new stores in 2009 despite an expected deterioration in market conditions.
Talbots Inc (TLB.N) shares jumped 24 percent on Tuesday, a day after the women's apparel retailer said it entered into agreements with three banks to secure a total $150 million in committed lines of credit.
Ireland's Waterford Wedgwood, whose luxury tableware was once a mainstay of wedding gift lists worldwide, has called in receivers and placed two of Britain's most venerable china makers into administration.
Britain's Theo Fennell (TFL.L), jeweller to David Beckham and Elton John, posted a first-half loss after sales fell 20 percent, and said it was reviewing expansion plans as it prepared for a "difficult" 2009.
Laura Ashley Holdings Plc , the British fashion and homewares retailer, on Friday reported a sharp fall in underlying sales, blaming the difficult economic climate, and said the outlook was "challenging".
Escada's full-year net loss will widen, the German fashion house said on Thursday, citing a clear decline of sales in a difficult market environment and restructuring expenses. Sales dropped 15.1 percent in the fiscal year ended October to 582.
Nike Inc's quarterly net profit rose 9 percent on higher-priced products and international growth, but revenue fell in the United States, its largest segment, and at the non-Nike brands group. Shares slipped 1.7 percent in after-hours trade.
Target Resources Plc said on Monday its marketing partner Laurelton Diamonds Inc, a unit of U.S. jeweller Tiffany & Co , had agreed to give another loan of $1.5 million to the alluvial diamond and gold miner.
Lululemon Athletica Inc reported a higher quarterly profit as sales gains from the clothier's new stores outstripped a weaker Canadian dollar and economic downturn, but the company cut its full year outlook as it braced for tough times.