Sales of LVMH's watch brands could maintain their double-digit percentage growth in the second half of 2017, despite tougher year-on-year comparisons, the head of the luxury company's watch business said on Thursday.
German online fashion retailer Zalando is planning to build two giant warehouses in Poland and Italy to help boost annual sales to 10 billion euros ($11.7 billion) as it tries to fend off an assault by Amazon.
A tech fund backed by Japan's SoftBank Group has picked up one of the biggest stakes in India's leading homegrown online retailer Flipkart, the Bengaluru headquartered firm said in a statement on Thursday.
British furniture retailer DFS said its earnings would be at the lower end of forecasts after orders declined April to June, reflecting an uncertain economic environment, thw national election and warm weather.
Mexico's biggest retailer Walmex is prepared to confront "difficult moments" should the economy slow down, its chief financial officer said, at a time consumers have been hit by high interest rates and inflation.
Sun Art Retail Group Ltd , China's second-biggest hypermarket operator, posted a 22.7 percent rise in first-half net profit as gains from unused prepaid cards helped offset growing competition from e-commerce platforms.
Payless ShoeSource is set to emerge from bankruptcy as soon as Wednesday and is banking on a strategy focused on bricks-and-mortar sales at a time when e-commerce is casting an ever-growing footprint on retail sales.
U.S. credit card processing company Vantiv secured a deal to buy British-based rival Worldpay for 8 billion pounds ($10.4 billion) on Wednesday in a bid to create a $29 billion global payments powerhouse.
Ralph Lauren Corp reported better-than-expected quarterly results and said it would pull back more inventory from department stores as it tries to keep a tight leash on discounting under its new Chief Executive.