
The U.S. retail sector is at the start of a deal-making revival in 2010, as cash-rich companies seek new growth avenues and private equity firms are increasingly able to finance deals.
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The U.S. retail sector is at the start of a deal-making revival in 2010, as cash-rich companies seek new growth avenues and private equity firms are increasingly able to finance deals.
Marc Bolland, set to take over as chief executive of Marks & Spencer, may look to raise cash from shareholders to improve his chances of reviving the British retailer and justifying his huge pay package.
Retailers Kingfisher and Next raised hopes they can lift profits this year by cutting costs and keener purchasing even if Britain's consumers face a tough time as the government moves to cut borrowing.
A surge in demand for household electrical goods helped British retail sales bounce back in February after the worst January on record, official data showed.
The chief executive of Next said the country's second-largest fashion retailer can grow 2010-11 profit 5-7 percent as long as sales can be maintained against a tough economic backdrop.
Mauritius' textile firms, which supply European chains such as Next and Inditex's Zara, need additional export markets and more high-value products to remain competitive, the Indian Ocean island's industry minister said.
Next winter will be more colorful and retro for womenswear, designers at Milan fashion week showed, with brands making bolder statements in their creations as customers regain optimism and seek newness for their wardr...
Budget fashion chain New Look believes it can replicate the success of Sweden's Hennes & Mauritz as it laid out its international expansion plans ahead of a planned return to the stock market next month.
British budget fashion chain New Look launched its long-awaited initial public offering, hoping to take advantage of a tentative recovery in new issues and banish the ghosts of the last big UK retail IPO.
Struggling British sportswear retailer JJB Sports was dealt a further blow with David Jones, chairman and architect of its rescue, stepping down to continue his long-running battle against Parkinson's Disease.