Neiman Marcus said about 1.1 million customer payment cards may have been exposed during a data breach at the privately owned luxury department store chain from July 16 to Oct. 30 last year.

Carl Icahn has taken a stake in eBay Inc and is proposing a spin-off of the its fast-growing PayPal division, but the e-commerce giant rebuffed the overture, setting the stage for a potential battle with the activist investor.

Target Corp is cutting 475 jobs at its offices in Minnesota, where it is based, a spokeswoman for the third-largest U.S. retailer said on Wednesday.

Zalando, Europe's biggest online fashion retailer, saw a sharp slowing in the growth of unique visitors to its website in December, data showed on Wednesday, with growth weakening for the third month in a row.

Sears Holdings Corp is closing its downtown Chicago flagship outlet in April, the latest move by the retailer to cut the number of its stores as it relies more on online retailing.

Black Friday promotions look set to become a permanent - and bigger - fixture of Britain's retail calendar after store groups embraced the American tradition for the first time, with its impact taking even seasoned retailers by surprise.

Spanish fashion label Desigual is accelerating its expansion in Europe and emerging markets, seeking to ride predictions of fast growth in women's apparel while also taking the colourful brand into new areas like perfume and shoes.

J.C. Penney Co Inc said it would close 33 stores and cut 2,000 jobs as part of its efforts to return to profitability.

Associated British Foods said sales at its Primark discount fashion chain recovered over Christmas after they were dampened by unseasonably warm autumn weather, although it said performance of its sugar unit was weaker than expected.

Swedish fashion giant H&M sees huge promise in Sub-Saharan Africa for the textile industry, chief executive Karl-Johan Persson said Wednesday.

Preppy French brand Vicomte A. has received financial backing from CM-CIC Captial Finance, who, as minority stakeholders, have agreed to inject €5 million into the company over the next three years.

Swedish budget fashion retailer Hennes & Mauritz said on Wednesday its total sales rose 10 percent in December, right in line with market expectations. The company did not provide a figure for comparable sales, for stores open at least a year.

Democratic lawmakers on Monday called for a congressional inquiry into the hacking of credit and debit card data of tens of millions of customers of No. 3 U.S. retailer Target Corp during the holiday shopping season.

British online fashion retailer ASOS posted a big jump in sales in the run-up to Christmas, putting it firmly among the sector's major winners in the key festive trading season.

Jaeger has reported a 20% increase in sales for its quarter ended December 28th, compared to the same period last year with performance was underpinned by 57% jump in online sales following a recent overhaul of the brand’s online store.