Associated British Foods has no plans to separate its high-flying Primark discount fashion chain from its grocery and struggling sugar businesses, despite their divergent performances and lack of overlap, the firm said on Monday.
Employees who have fallen into the Gap are about to see their wages rise. The company’s chairman and CEO, Glenn Murphy, confirmed that it would increase the minimum hourly rate for stateside employees from $7.
Mexico's biggest retailer, Wal-Mart de Mexico, on Tuesday reported a 12.75 percent fall in fourth-quarter profit after a sharp increase in costs hit its profit margin. The company, which is controlled by U.S.
Marks & Spencer, Britain's biggest clothing retailer, has launched a new website platform, a key plank of its strategy to reverse nearly a decade of market share decline in its most profitable business.
Shares in Zara owner Inditex , the world's largest clothing retailer, fell 2.8 percent on Tuesday as investors pondered whether negative currency effects in emerging markets would weigh on its earnings. Inditex's shares, which have risen 5.
It has a new store opening on Fifth Avenue, Kate Moss's latest collection will hit the shops within weeks, and its catwalk show is a highlight of London Fashion Week - but Topshop is not taking life too seriously.
Europe's biggest online fashion retailer Zalando saw sales growth slow in the second half of 2013 as a mild winter led to high levels of discounting and it took a breather from expansion into new markets.
H&M will open its first store in India this year, it said on Wednesday, as the world's second-biggest fashion retailer becomes the latest to take advantage of the opening of Asia's third-largest economy to foreign operators.
Target Corp's decision to speed up a $100 million program to adopt the use of chip-enabled smart cards is just a drop in the bucket when it comes to what retailers need to do to defend themselves against future cyber attacks, according to security experts and IT service providers.