Upscale Hugo Boss had a good Christmas trading period with the German firm saying its Q4 sales rose and that profits will grow in FY19. It was helped by growth in the UK, France and China, plus its webstore expansion.
The importance of retail at railway stations in the UK came into even sharper focus over the festive period as key train stations saw rising product retail sales, despite the weak trading conditions during the period.
South African retailer International Holdings N.V. said on Tuesday a former partner firm of its European operations claims it is owed about 291 million euros (£256.62 million or $331 million) by the company.
Cambodian businesses and unions urged the European Union on Monday to not withdraw trade preferences from Cambodia over human rights concerns, saying such a decision would pose serious economic damage.