Camden Market owner plots £1.3bn sale – report Major London shopping and tourist destination Camden Market is up for sale with a £1.3 billion price tag, according to a news report. The historic North London destination is popular with tourists…
Kohl’s adopts ‘poison pill’, says buyout offers undervalue it By Reuters Kohl’s Reuters Last month, activist investor Starboard Value-backed Acacia Research Corp offered to buy the department-store chain for $64 a share, valuing it at roughly $9 billion. Around the same…
Uniqlo’s Japan sales take off as sun shines on the label Fast RetailingUniqlo Uniqlo In fact, the company said that April same-store sales, including online, increased by 15.8% year on year, while total sales, also including online, rose by an…
Uniqlo defends decision to stay open in Russia By AFP The parent company of Japanese casualwear giant UniqloZaraH&M Uniqlo Tadashi Yanai, president of Uniqlo operator Fast Retailing “There should never be war. Every country should oppose it. This time all…
Wilson Sportswear expands with tennis collection Chicago-based Wilson Wilson Sportswear expands with tennis collection. – Wilson Sportswear Introduced in 2021, Wilson Sportswear is described as a performance-based lifestyle athletic apparel collection, that combines Wilson’s heritage and innovation with modern and…
A-Cold-Wall opens first store in China British designer label A-Cold-Wall opened on Friday its first store in China, beginning its expansion into the Chinese retail landscape. A-Cold-Wall opens first store in China – A-Cold-Wall Located in the Taikoo Li Sanlitun…
Fast-fashion fallout: young people in UK spurred into sewing By AFP From jogging outfits to summer dresses, Lea Baecker has stitched together most of her wardrobe herself from inside her London flat, part of a burgeoning number of young amateur…
Calzedonia’s revenue back to pre-Covid levels in 2021 Translated by Nicola Mira In fiscal 2021, Italian hosiery and lingerie group Calzedonia Sandro Veronesi, president of the Calzedonia group – président du groupe Calzedonia “Investments amounted to over €160 million, both…
Franchise Group joins bidding for Kohl’s By Reuters Franchise Group Inc, owner and operator of retail stores such as The Vitamin Shoppe and Buddy’s Home Furnishings, has entered the race for Kohl’s Franchise Group’s bid is not the highest offer,…
Walmart profit woes hit retail stocks, deepen consumer spending concerns By Reuters Shares of U.S. retailers slid on Tuesday after a forecast cut from industry bellwether Walmart Inc stoked fears of a broader slowdown in spending as high inflation raises…
