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Japan Retailers Keep Lowering Prices to Sway Reluctant Shoppers
Stagnant wages, a sputtering economy and a declining population are compounding the challenges for retailers, and their most effective response so far has been to keep slashing prices.
Social Goods | Model Price Fixing, British Vogue's 'Real' Issue, Asos Working Conditions
This week, France has fined 35 modelling agencies for price fixing, and UK MPs are to investigate working conditions at Asos.
P&G Under Pressure to Make a Deal as Eco-Friendly Products Surge
Procter & Gamble Co., which is losing market share to eco-friendly products, is under mounting pressure to either fend off the competitors or buy one of them.
Brexit Boosts British Watchmaker Bremont as Swiss Suffer
Aided by a plunge in the pound, UK sales of Bremont watches have surged since the country voted in June to leave the European Union.
Amazon Bets on Diwali to Take Title as India's Top Web Retailer
Bezos's protégé Amit Agarwal is aiming to make Amazon the country's top online store by sales ahead of the Diwali shopping season.
Singapore’s ‘Golden Week’ Courts China Tourists as Retail Falls
Brands from Estee Lauder to Nike to Samsonite are offering discounts in the city-state starting Friday, coinciding with China’s National Day public holidays.
Lotte Bond Sale Halt Seen Lasting Even as Arrest Bid Fails
The financial stability of South Korea's Lotte Group has weakened as the size of its loans has grown and it continues to seek acquisitions and overseas expansion.
Sears, Claire’s at High Risk in Fitch Study of Retail Failures
Sears Holdings, Claire’s Stores and Nine West Holdings are among seven chains at high risk of defaulting within a year as shoppers shift to online merchants and spend more on experiences.
Plus-Size Fashion Show Scores Big in Japan
Japanese pop girl group Pottya, who describe themselves as "chubby," performed their hits while eleven plus size amateur models strutted along the catwalk at a new men's fashion show in Tokyo aimed at breaking down obesity taboos.
Luxury Stores Add More Amenities in a Tougher Market
With designer goods available online anytime, luxury retailers are adding more amenities and personal touches for in-person shopping.