Italian fashion retailer Calzedonia is planning new store openings in the strategically important markets of the United States, China and Japan, it said on Tuesday, as it reported broadly steady sales for 2018.
Adidas expects supply chain issues to hit sales growth in the first half of the year, particularly in North America, but hopes to see off a challenge from Nike in Europe and return to growth in the region.
Osaka, long Japan’s “second city,” is winning the race against Tokyo to draw foreign tourists, but after a boom, its retailers and property developers are adapting to shifting tourism spending patterns.
The Dallas, Texas-based department store operator reported a net loss of $29.0 million for the second quarter of 2019 on Tuesday, as the retailer pushes forward with efforts to turn its business around.
For the first time since its birth in 1907, Neiman Marcus will open a location in Manhattan on Friday, debuting a new range of exclusive digital and physical features at The Shops & Restaurants at Hudson Yards.
With the EU exit deal voted down by MPs, they must now vote on a no-deal Brexit or decide on alternatives, with business left in limbo and the luxury sector dreading the prospect of a multibillion pound loss of revenue.