Canadian retailer Hudson’s Bay Co. has responded to reports that it is selling half of its European business to Signa, confirming that the companies are in talks but denying that a definitive agreement has been reached.
A new beauty industry report has projected the global vegan cosmetics market will reach $20.8 billion by 2025, propelled by millennials. Brands already active in the space include Urban Decay, Arbonne, and Pacifica.
The special committee of the Miami-based apparel group's Board of Directors has released a statement in response to Randa's proposal, reaffirming their support for the company's acquisition by founder George Feldenkreis.
The long-running story around the decline of what once were some of the most important brands in UK womenswear looks like it's reaching its end with administrators having failed to find a buyer for Calvetron Brands.
Zozotown, which swooped in as a little-known retail website and prodded once-reluctant Japanese consumers to shop online for clothes, is now facing stiff competition in the industry whose image it remade.
Gordon Brothers said it plans to exploit Bench’s heritage as one of the world's first streetwear fashion brands, and will focus on re-establishing its e-commerce and wholesale presence in Europe and North America.
Primark continues to see impressive growth as its store openings widen its reach, dollar exchange rates begin to work in its favour, its Italian debut is declared a success and it expects higher profits.
Superdry continues to progress despite challenging sales in its physical stores. But a focus on e-tail, wholesale, womenswear and other key product extensions means it's staying confident for the year ahead.
Casino shares rose sharply on Wednesday, which traders attributed to Goldman Sachs declaring a stake in the French supermarket retailer and to an upbeat note on the stock from analysts at Deutsche Bank.
Hudson’s Bay has agreed to sell about half of its European business to Austria’s Signa Holding in a deal that will bring together two major German department store chains, according to media reports on Wednesday.