Sees Good Demand for Workout Apparels, Women’s wear Lululemon reported third-quarter sales of $1.1 billion, up 22% from a year ago, beating analysts’ estimates as...
Following the announcement on 9 March 2020 that Tesco had agreed to sell its businesses in Thailand and Malaysia to C.P. Retail Development Company Limited...
Walmart Inc’s Flipkart will buy a 7.8% stake in Aditya Birla Fashion and Retail Ltd for 15 billion rupees ($204 million),the fashion retail company. “...
Department store chain Shoppers Stop Ltd., announced the appointment of Trent’s Venu Nair as its Managing Director and Chief Executive Officer effective 6 November, 2020....
The Swedish company considers India as an important market and look forward to increase its presence through both, online and brick-and-mortar approach. The group is...
Hennes & Mauritz will exit the coronavirus crisis in better shape, according to its new chief executive,as she announced plans to close a record number...
Approximately 43 retailers have filed for bankruptcies so far, according to S&P Global Market Intelligence report. Latest retailers to go into administration include Le Tote,...
Neiman Marcus has received court approval for its plan to reorganize in Chapter 11. The luxury department store chain, which filed for bankruptcy in May,...
Bankrupt Ascena Retail Group has a hearing on Oct. 23 to confirm its reorganization plan and, once approved, can expect an exit court proceedings about...