Diamond jewellery retailer Forevermark, part of the Anglo American mining group, has expanded to 2,000 outlets globally and expects a further 10 percent rise this year, Chief Executive Stephen Lussier said on Friday.
Perfumania Holdings Inc, a U.S. retailer with exclusive distribution rights to several Trump-branded colognes, has hired advisers to explore strategic alternatives, including a debt restructuring, according to sources.
The company posted revenue increases for both periods led by its direct-to-consumer, international and Vans footwear businesses. Gross margin improved to record numbers and earnings per share slipped in both periods.
At a meeting with CEOs from major US retailers on Wednesday, President Donald Trump announced that he intends to implement a major revision to the tax code that would largely affect the business of global retail.