Fashion company Liz Claiborne Inc (LIZ.N) said on Tuesday that it amended and extended its revolving credit facility, removing a major concern for investors over its ability to meet debt covenants and sending shares up 11 percent.
Swatch Group (UHR.VX), the world's largest watchmaker, sees sales picking up in the second half of 2009 after dipping in the first half, its chairman said in an interview for the weekend edition of Swiss paper Finanz und Wirtschaft.
Japan's Fast Retailing Co (9983.T) booked a 46 percent gain in first-quarter profit and lifted its annual forecast, bucking an industry downturn as cost-conscious consumers sought out its Uniqlo casual clothing chain.
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.
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.
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.