China is quickly finding itself in uncharted retail territory, with a large availability of new shopping malls coinciding with the fast adoption of e-commerce by its rapidly-expanding consumer class. Despite the projection of 70 per cent ...
Tags: retail territory, Retail Business
Abdullah Abbar & Sons Cold Stores is planning to build a new logistics plant for food products at King Abdullah Economic City's (KAEC) Industrial Valley-phase 3 An agreement to this effect was signed between the two parties. The ...
Hampshire Group said it has signed an agreement to sell the stock of Rio Garment S.A. to a group led by the current Rio management, which includes David Gren, the president of Rio. Hampshire signed a deal to sell its stake for $6 ...
Tags: Hampshire Group, Rio Garment, Garment
UK retail sales increased by 3.2% on a like-for-like basis from March 2014, when they had decreased 1.7% on the preceding year. On a total basis, sales were up 4.7%, against a 0.3% fall in March 2014. Adjusted for the BRC-Nielsen Shop Price ...
Tags: UK retail sales, retail sales
U.S. specialty jewelry store sales fell 5.4 percent year on year to $2.72 billion in February, according to government calculations. The sales decline was much more severe than preliminary totals for jewelry and watch sales across all ...
Tags: specialty jewelry, watch sales
Swedish retailer H&M has extended its digital sales service to three new European markets- Slovakia, Bulgaria and Hungary. According to a latest press release from the company, the newly launched e-commerce service will offer a wide ...
Tags: European Markets, H&M
In the six months to February 2015, revenue surged 24.2 per cent, while operating profit zoomed 40.2 per cent, both from a year ago periods, at Japanese apparel marketer Fast Retailing. Fast Retailing which owns the Uniqlo brand, said ...
Tags: Fast Retailing, Uniqlo Japan, Apparel
The decision by the Federal Court of Australia to order Coles Supermarkets Australia Pty Ltd (Coles) to pay penalties of $2.5 million for making a claim that its par baked products were “fresh”, is likely to have broad ...
Tags: bakery products, bakery
With the rise of the Chinese middle class, the nation's cruise market will continue to grow, and is expected to become the Asia's largest market by 2020, industry sources said. Data recently released by the Cruise Lines International ...
Tags: Cruise market, Cruise ships
Nepa, a Korean marketer of outdoor apparels plans to achieve revenue of 1.3 trillion won or $1.2 billion from the domestic as well as overseas markets by 2020 through aggressive marketing. President of Nepa, Park Chang-Kun while ...
Tags: Outdoor Apparel, Nepa
For the second quarter of fiscal 2015 ended February 28, 2015, net income per diluted share slipped 16 per cent year over year at NYSE listed Family Dollar Stores. In the second quarter of fiscal 2015, Family Dollar reported net income ...
Tags: Family Dollar, effective tax rate
According to PPG, contractors can now achieve invisible wall repairs in less time than traditional hopper gun repair methods with the HOMAX line of PRO GRADE wall textures products for orange peel and knockdown surfaces. Combining the ...
Australia’s packaging company Amcor will be acquiring the internal tobacco packaging operations of Souza Cruz in Brazil for $30m (BRL96m). Majority-owned by British American Tobacco, Souza Cruz is considered to be one of the ...
Tags: Amcor, Tobacco Packaging, Packaging
Japanese apparel retailer is expanding its network of stores in the US, by opening new outlets in Seattle, Denver and also the DC Metro area for the first time. In the DC Metro area, Uniqlo will open its first store at Tyson's Corner ...
Tags: Apparel Retailer, Uniqlo, Apparel
Cherokee Global Brands has entered into a new license agreement with Sports Direct International plc to launch a broad assortment of Tony Hawk signature clothing and accessories online and in Sports Direct stores throughout Europe this ...