
Children's Place Retail Stores Inc (PLCE.O) said it will cut about 350 jobs as it relocates its e-commerce business, citing lack of space at its present center. The company, whose rivals include Gymboree (GYMB.O), American Eagle Outfitters (AEO.
Children's Place Retail Stores Inc (PLCE.O) said it will cut about 350 jobs as it relocates its e-commerce business, citing lack of space at its present center. The company, whose rivals include Gymboree (GYMB.O), American Eagle Outfitters (AEO.
ASOS Plc, the AIM-listed British internet fashion retailer, on Monday posted stellar Christmas trading and forecast full-year profit in line with expectations. The group, whose ASOS.
Associated British Foods Plc said on Thursday that its Primark retail chain's like-for-like sales rose about 4 percent in its first-quarter over Christmas as trading beat its own expectations despite the economic slowdown.
Changes made to Liz Claiborne Inc's bank credit agreements may allow some buyers of protection on the retailer's bonds to seek payments on the contracts, Bank of America said on Thursday.
Discount fashion stores chain Primark said on Sunday it has launched an investigation over allegations one of its suppliers may have breached employment and immigration laws.
Retailer Marks & Spencer said on Wednesday it was cutting 1,230 jobs after a sharp fall in sales, and job losses in the financial sector added to pressure on the Bank of England to cut interest rates to a record low.
John Lewis, the employee-owned group seen as a barometer of retail spending, said on Friday sales surged at both its department stores and upmarket grocery chain in the days before and after Christmas.
U.S. mall giant General Growth Properties Inc GGP.N said its syndicate of lenders for a $900 million loan has agreed to extend the payment deadline till Feb. 12, 2009.
Topshop, the fashion retailer owned by billionaire Philip Green, said supermodel Kate Moss has signed a new contract to continue to endorse the brand.
Consumer spending is fragile across Europe, trading updates from three major retailers showed on Monday, though Germany's Arcandor lifted the gloom by keeping its growth forecast for next year.
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.
Fashion retailer Hennes & Mauritz on Monday posted a larger-than-expected 4 percent year-on-year fall in sales at established stores in November. This was well below the average 2.
Two shopping center operators failed to reach key agreements, one with a lender and one with a potential partner, reflecting an increasingly tough environment for real estate investment trusts as they try to shore up their balance sheets in the face of the credit crisis.
Single mother Kelly Dukes has lost her house, her car and her salary, but rather than curse the U.S. recession, the Cincinnati mom said she's grateful to have learned a whole new way to live.
Zara fashion store owner Inditex reported nine-month net profit up 2 percent on Thursday boosted by the aggressive store opening rate of Europe's biggest clothing retailer.