Another activist investor is urging Macy’s Inc. to take drastic steps to boost its stock price. Barington Capital Group is calling on Macy’s to cut …
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Retailer
Saudi Cosmetics Retailer Nice One Announces $320 Million IPO
Saudi Arabian online cosmetics retailer Nice One Beauty plans to raise as much as 1.21 billion riyals ($322 million) with an initial public offering in …
Africa’s Top Clothing Retailer Pepkor Rallies as It Plans Growth Push
Pepkor Holdings Ltd. climbed to the highest in three years as Africa’s largest clothing retailer declared a dividend that beat analysts’ estimates and the group …
Fast-Fashion Retailer Groupe Dynamite Hires Bankers for IPO
Groupe Dynamite Inc., a Canadian retailer of women’s clothing, has hired banks for an initial public offering that’s likely to be marketed in the coming …
US Retailer Holiday Hiring Set to Be Lower Than Last Year
US retailers will hire fewer seasonal workers this holiday season than last year due to a softer labour market and tighter consumer spending heading into …
Why Nordstrom’s Founding Family Wants to Take the Retailer Private
For nearly a decade, the Nordstrom family has been vying to escape the scrutiny of the public market and take their namesake company private. An …
Top Africa Clothing Retailer Pepkor to Bolster Brazil Expansion
Pepkor Holdings Ltd. plans to almost double its previous target of opening 50 outlets a year in Brazil as Africa’s largest clothing retailer pushes for …
Indian Beauty Retailer Nykaa Posts Near Three-Fold Jump in Q4 Profit
India’s FSN E-Commerce Ventures, parent of online beauty products seller Nykaa, reported a nearly three-fold jump in quarterly net profit attributable to shareholders on Wednesday …
Retailer Zalando Shakes Up Management After Strategy Shift
Zalando SE is shuffling its management roles as the online retailer tries to win a bigger share of Europe’s €450 billion ($485 billion) fashion market. …
Chilean Retailer Falabella Aims to Close Several Major Asset Sales This Year
Falabella SA, Chile’s second-largest retail group by sales, expects to close several more “major” asset sales this year as part of its plan to raise …
Retailer Express Holds Talks for Bankruptcy Financing
Retailer Express Inc. is asking its lenders for funds to help finance a potential Chapter 11 bankruptcy process, according to people with knowledge of the …
Fast Fashion Retailer Shein Doubles Profits as It Awaits IPO Approval
Shein, the online fast fashion retailer founded in China, has more than doubled its profits to more than $2 billion as it awaits approval for …
Asos Sales Fall Again Amid Turnaround of Fashion Retailer
Asos Plc suffered a double-digit decline in sales in the first half as the fashion retailer was forced to heavily discount clothes to clear a …
CVC-Backed German Perfume Retailer Douglas Tumbles in Debut
German perfume retailer Douglas AG slumped as much as 11 percent as it began trading in Frankfurt after raising €850 million ($929 million) in the …
Nordstrom’s Founding Family in New Bid to Take US Retailer Private
The founding family behind Nordstrom Inc is seeking to take the US department store operator private, six years after a similar attempt proved unsuccessful, people familiar …
Perfume Retailer Douglas Guides IPO Pricing at Bottom of Range
German perfume retailer Douglas AG is expected to price its €907 million ($991 million) initial public offering at the bottom of the range, as European …
Zalando Jumps as Online Fashion Retailer Sees Return to Growth
German online fashion retailer Zalando on Wednesday forecast a return to growth this year and said it was opening up its logistics business to more …
How Jewellery Retailer Pandora Is Evolving and Elevating Its Brand
Since its inception in 1982, jewellery brand Pandora has evolved from a single store in Copenhagen to the world’s largest jewellery brand by volume. The …
Superdry Founder Dunkerton Explores Taking Retailer Private
Julian Dunkerton, the founder and chief executive officer of beleaguered British retailer Superdry Plc, is seeking to take the loss-making company private as it struggles …
Superdry Losses Balloon as Retailer Struggles to Compete
Superdry Plc reported widening losses after Christmas sales failed to revive performance at the struggling fashion retailer. The British brand, known for its logo T-shirts …