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Carrefour and Tesco New Purchasing Alliance Will Pressure Suppliers and Curb Costs
Carrefour and Tesco have agreed to form a global purchasing alliance to demand better terms from major…
Amazon, H&M and Other Multinationals Pressing to Soften Indian State’s Plastic Ban
Multinational companies like Amazon Inc and H&M are lobbying to soften a ban against single-use plastic…
Nike Returns to Growth in North America, Tops Results Estimates
Nike Inc topped analysts' quarterly revenue and profit estimates on Thursday and posted its first sales rise…
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H&M to Cut Prices Again as Delivery Problems Swell Clothing Stockpile
H&M plans to cut prices further as supply problems hamper the Swedish company's ability to respond to…
Luxury Brands Elevate Men’s Wear as Growth Outpaces Women’s Wear
Luxury brands are raising their game in menswear, which is expanding at a faster clip than women's clothing.
Who is Making Money From Struggling US Malls?
With 100 malls now under their ownership, two funds have climbed from anonymity to exist among the country's…
US Fashion Firm Sells its Take on US First Lady’s Controversial Jacket
A U.S. clothing company is taking a sartorial swipe at first lady Melania Trump, selling jackets saying "I…
EU in Agreement with Amazon, eBay to Tackle Dangerous Product Listings
Europe has signed an agreement with four major online retailers to combat the listing of dangerous products…
HBC Shares Pare Decline as Lord & Taylor Closures Ease Worry Over Quarterly Loss
Hudson's Bay shares pared losses as its plan to sell Gilt and close up to 10 Lord & Taylor stores soothed…
Chanel Steps Out of Fashion Shadows to Show Off Surging Sales
Chanel published financial results for the first time Thursday, showing off revenue and profit that grew…
Italy’s Ferragamo Shares Tumble After Family Trims Stake
Shares in Salvatore Ferragamo tumbled on Wednesday after the luxury group's controlling family sold shares at…
UK’s Debenhams Cuts Profit Forecast Again, May Sell Danish Stores
Debenhams cut its profit forecast for the third time in six months Tuesday and said it might sell its Danish…
Carrefour Boss Hails Progress in E-Commerce Strategy
Carrefour‘s new alliances with tech giants Google and China’s Tencent show the French retailer’s e-commerce…
Dollar Slips Versus Yen as China Trade Tensions Weigh
The U.S. dollar slipped against the Japanese yen on Friday, as Trump announced hefty tariffs on $50 billion…
Turnaround a Distant Dream for H&M as Sales Flatline
H&M reported no sales growth for a full six months, as it struggles to get customers through doors and loses…