Wal-Mart Stores Inc , which is gaining market share amid an economic downturn, said Lee Scott will retire as chief executive early next year and will be succeeded by Mike Duke, who heads its international operations.
Premium jeans brand True Religion Apparel Inc's third-quarter earnings beat market estimates, helped by a strong performance at its wholesale business within the United States, and raised its 2008 outlook, sending its shares up more than 10 percent.
Levi Strauss & Co said on Friday its chief financial officer was leaving the privately held jeans maker to pursue other opportunities, and would be replaced on an interim basis by its corporate controller.
Premium jeans brand True Religion Apparel Inc is focused on increasing its penetration into existing retail accounts, given recent record-breaking sales trends, the company's chief financial officer said on Tuesday.
Bankrupt U.S. department store chain Boscov's Inc will begin store closing sales at 10 stores on Saturday as part of its restructuring plan, according to liquidation company Gordon Brothers Group on Friday.
Milkman's son Lee McQueen, whose party trick is a reverse pterodactyl impression, has been hired as Alan Sugar's 100,000 pounds-a-year "Apprentice," beating hot favourite Claire Young in the final of the business TV show.
Italian casual clothing brand Diesel on Monday April 21th unveiled a new flagship store in Tokyo, its biggest in Asia, setting its sights on hip baby boomers and ageing fashionistas amid a shrinking youth market.
IOI Corp , the world's third-biggest listed palm oil firm, plans to buy large tracts of plantation land in Malaysia and set up processing plants in Europe to boost revenues and take advantage of the global commodity boom.
Scraped, torn, creased, frayed, stained, sprayed and mended : never will jeans, the 150-year apparel now the planet's most popular clothing, be as battered and bruised as the models due to hit stores in 2009.
Myanmar opened a lucrative auction of gems on Wednesday, November 14th, despite tightening Western sanctions and calls for a boycott from top international jewellers following the junta's deadly crackdown on protests.