Hong Kong-based garment supplier Crystal International's IPO has attracted investment from fashion giants including Uniqlo's parent company Fast Retailing Co. and Victoria's Secret's parent company L Brands Inc.
Procter & Gamble Co said on Monday that activist hedge fund manager Nelson Peltz had lost his bid to win a seat on the consumer goods company’s board by 6.15 million votes, according to its preliminary tally.
After all the speculation over just how good the Asos final results would be, on Tuesday we found out. They were good, really good. Revenues up 33% and pre-tax profit up 145% certainly lived up to expectations and more.
Nordstrom Inc said on Monday its founding family had suspended attempts to take the upscale retailer private for the rest of the year due to difficulties in arranging funds for the deal ahead of the holiday season.
Troubled high-end hosiery and bodywear specialist Wolford has revealed that it’s cutting more jobs as the Austrian firm continues to work on its turnaround programme with cost cuts a key part of that plan.
Luxury may have its ups and downs but Harrods makes money regardless. The Qatar Holding-owned London landmark has turned in an eighth successive year of record profits on the back of eight years of record sales.
Sports shoe and clothing retailer Footasylum has confirmed its float plans with the company saying Monday that it will list its shares on the London Stock Exchange’s Alternative Investment Market (AIM).