Wal-Mart Stores Inc has given global suppliers five years to comply with its environmental rules or risk being pushed off U.S. shelves at the world's largest retailer, expanding a sustainability campaign launched in 2009.
British online fashion retailer ASOS posted an expected 40 percent rise in year profit, as strong trading in overseas markets, such as the United States and Australia, more than offset slower growth in its home market.
Swedish fashion giant H&M denied on Wednesday accusations that it encouraged "slave-like" wages at a subcontractor's factory in Cambodia. "It's completely incorrect," H&M chief executive Karl-Johan Persson told Swedish daily Expressen.
Though Wolverine Worldwide are expecting to gain $1.64 billion this year thanks to the acquisition of Collective Brands Inc. last week, the group is still struggling after poor results from previous quarters.