Uniqlo Scraps Price Rise on $2 Socks After Japanese Shopper Outcry
The decision underscores the challenge Japanese retailers face as persistent inflation squeezes household budgets.

Sports Direct agreed to acquire all of the retailer’s UK stores, as well as the brand name and inventory. The move came after House of Fraser's discussions with investors and its main secured creditors haven’t "concluded in a solvent solution."

With back-to-school spending expected to rise this year, retailers like Urban Outfitters are hoping '90s wares will lure in teens and young millennials — and boost sales.

This week, a glut of big name magazines have chosen black women to front their September issues, while a German retailers' alliance formed to improve working conditions in Asian factories is crumbling.

The UK-based department store chain said talks about other possible sources of investment were ongoing, and that an update would be given when appropriate.

The positive performance followed a very strong first quarter for the fashion retailer against an easy comparative a year ago.

For every brand that is able to diversify past its first success, there are dozens more that putter out. Here’s a six-point plan for navigating what happens after a product becomes a bona fide winner.

Japan’s retail sales climbed more than expected in June, in a positive sign that households are growing more confident in the economy.

The Italian luxury megabrand attributes its phenomenal success to a bold paradigm shift from exclusivity to inclusivity, but Gucci is much less sticky than inclusive brands like Apple.

Julian Dunkerton, a former chief executive of the company, has sold a 6.7 percent stake in Superdry, reducing his holding to 18.5 percent.

The sportswear giant's sponsorship of the World Cup teams and athletes is giving the company a tailwind in its race to catch up with Adidas in football.

The online jeweller is dispensing with display cases and security guards as it expands into brick-and-mortar shops, betting a more-relaxed experience will draw millennial customers.

The stores offered their own sales to compete with Amazon's discounting frenzy, but the online giant's server glitches may have also provided a boost.
The decision underscores the challenge Japanese retailers face as persistent inflation squeezes household budgets.
New categories and brick-and-mortar expansion beyond North America are set to drive Aritzia’s quest to hit $10.5 billion CAD ($7.5 billion).
Sales in the Americas fell 70 to 75 percent.
The British retail group has pushed its stake in the German apparel brand above 50 percent in a move that will turn Hugo Boss into a subsidiary of Frasers.
The settlement, equivalent to 44 percent of the ultra fast-fashion company’s second-quarter profit, is the latest blow amid regulatory and tax crackdowns in Europe and the US that have hampered Shein’s growth.
Sales fell in September as above-average temperatures hit demand for autumn clothing.
Pearl, a subsidiary of David’s Bridal, will own David’s Bridal and license its intellectual property back to the bridalwear brand. David’s Bridal CEO Kelly Cook will serve as Pearl’s CEO.
The online marketplace is looking to simplify operations and shift resources to its fastest-growing areas, Reuters reported.