Japan's household spending unexpectedly fell in October, marking a second straight month of declines and adding to concerns about the strength of the economy as global trade frictions cloud export prospects.
Sears Holdings Chairman Eddie Lampert's ESL Investments has made an offer valued at $4.6 billion to buy the bankrupt U.S. retailer, one of the only options that would prevent the department store chain from shutting.
Athletic apparel maker Lululemon Athletica reported a third-quarter profit above analysts’ estimates, driven by a rise in its established store sales but failed to provide an upbeat revenue outlook for the holidays.
The Dutch denim brand and the Kidiliz group (whose brands include Catimini, Absorba and Kenzo Kids) have signed a licence deal for the design, production and distribution of G-Star Raw’s first children’s line.
Fashion marketplace United Wardrobe launched a program for brands to exclusively sell unsold stock via the online marketplace. G-Star Raw is amongst the first brands to join the marketplace's new service.
The Netherlands’ PostNL delivered a record number of 12 million parcels between Black Friday and Sinterklaas. On top of setting new records, the increasing popularity of online shopping has also led to delivery delays.
A British monthly fashion magazine in the 90s will become the focal point of a new major drama series conceived by former British Vogue editors Alexandra Shulman and Fiona Golfar and production company Bad Wolf.