A slowdown at discount fashion retailer Primark's British stores hit the shares of owner Associated British Foods Plc as tax rises and inflation squeezed consumer spending in the first two months of this year.
Italian luxury goods maker Ferragamo, whose shoes have been worn by stars including Marilyn Monroe and Al Pacino, is not considering a share listing in Hong Kong like its fashion peer Prada, its CEO has said.
Chinese designers will drive catwalk trends more than deep-pocketed Asian buyers as China's creativity becomes fashions' next big thing, top fashion executives and designers told Reuters at Milan fashion week.
Sears Holdings Corp has named a non-retail executive, Lou D'Ambrosio, as chief executive, concluding a three-year search for a new CEO of a once iconic American retailer that has fallen from its perch.
Retailer John Lewis reported a fifth consecutive week of subdued sales at its department stores, adding to signs that pressure is building on consumers from higher prices, taxes and public spending cuts.
Department store operator J.C. Penney Co Inc's shares fell more than 4 percent Friday as analysts questioned the company's ability to keep cutting costs and its vulnerability to customers being shocked by rising gas prices.
Mid-tier department store operator Kohl's Corp expects more sales gains this year, while discount retailer Target Corp said fewer shoppers were defaulting on their credit card debt, signs that consumers' finances are gradually getting better.