
H&M reported a bigger than expected 3% year-on-year fall in sales at established stories in March. The forecast had been for sales to fall 0.2% from a year earlier with predictions ranging from a fall of 3% and a rise...
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H&M reported a bigger than expected 3% year-on-year fall in sales at established stories in March. The forecast had been for sales to fall 0.2% from a year earlier with predictions ranging from a fall of 3% and a rise...
Swedish fashion giant Hennes & Mauritz is expected to post a 9.7 percent year-on-year rise in total March sales, the average of a Reuters poll showed on Thursday 9 April.
The non-profit association Organic Exchange is reporting that sales of organic cotton have increased to $3.2 billion in 2008. This increase of 63% came about mostly thanks to increasingly vigilant buyers for large cha...
A Long Island mall partly owned and managed by Simon Property Group SPG.N has defaulted on a $124 million balloon mortgage payment after two of the main stores there filed for bankruptcy.
Kerchiefed women peddle fake designer handbags in front of the pitted Alexander McQueen and Stella McCartney stores, whose signs have been scratched off by hand less than 18 months after their grand openings.
Hennes & Mauritz, the world's third-biggest clothing retailer by sales, posted a surprise 12.6 percent fall in its first-quarter pretax profits on Thursday March 26 as currency swings dented margins.
French hypermarket chain Carrefour is on track to open its first store in Moscow in May, a long-awaited move by the world's No.2 food retailer into Russia, real estate sources told Reuters.
Italian clothing retailer Benetton will cut its dividend by 30 percent to 0.28 euros per share for 2008, it said on March 18th, joining many companies trying to save cash in the current market turmoil.
Swedish fashion giant Hennes & Mauritz (H&M) is likely to feel some effects from the global financial crisis but is doing better than some of its competitors, the company's top executive said on Thursday March 12.
Italian clothing retailer Benetton reported a 7 percent rise in 2008 net profit on Tuesday and said it would implement "radical actions" to prepare for the tough climate ahead.