Grupo Pao de Açucar, Brazil's largest diversified retailer, said on Wednesday that fourth-quarter net income surged 145 percent as red-hot demand propelled sales of everything from food products and apparel to consumer electronics.
Scheduled for the end of London Fashion Week, the opening of Roland Mouret’s first ever boutique has been highly anticipated by consumers and fashionistas in London. The new store is located at 8 Carlos Place in Mayfair.
Loblaw Cos, Canada's No. 1 grocery chain, said it plans to open a Joe Fresh apparel store on New York's Fifth Avenue this autumn at a time when U.S. retailers have been looking north of the border for expansion.
Over-sized boyfriend cardigans, vibrantly colored knits, 1960s-inspired collections and speculation over who is making Kate Middleton's wedding dress set the autumn/winter 2011 tone at London Fashion Week.
Première Vision Pluriel reported a 6.5% rise in attendance compared to 2010. Over 1,500 exhibitors and 55,000 visitors from across the world attended the 3-day event, but soaring prices of raw materials proved to be an issue of great uncertainty and concern among\\ many.
Lower-price retailer TJX Cos Inc (TJX.N) reported a better-than-expected quarterly profit on Wednesday, but its sales outlook disappointed analysts and its shares fell. TJX, which operates chains such as Marshalls and T.J.
The indian textile industry has sought measures to boost exports of apparels and textile products in a cost-competitive market and easier access to funds for cotton buyers as it peaks in a year of global shortage.