Macy’s Inc cut its annual profit forecast for the second time this year on Thursday, blaming weak international tourism, warm weather and sluggish mall traffic for the first drop in same-store sales in two years.

Brazilian retailers Magazine Luiza SA and Lojas Marisa SA announced on Thursday a partnership to sell smartphones and financial services in roughly 300 stores of apparel retailer Marisa.

Private equity firm Catalyst Capital Group Inc is seeking financing for a bid for Saks Fifth Avenue owner Hudson’s Bay Co that would top a C$1.9 billion ($1.4 billion) deal the retailer reached last month.

A culture of indigenous transgender women that has been part of southern Mexico’s heritage for centuries is primed for global fashion cachet thanks to one of the world’s top style magazines.

Handsfree, a tech company based in Vineyard, Utah, focuses on making shoes that wearers can easily step in and out of without lacing.

With 87 new stores in 2019, the Italian fast-fashion group has completed its five-year retail expansion plan which kicked off in 2015, requiring a total investment of over €100 million.

The next edition of Moda, taking place on 23-25 February, will see the fashion trade show’s floorplan replace sectors with ‘neighbourhoods’ in an effort to strengthen its sense of community.

Officially presented last September, the collection "A Tribute to Karl: The White Shirt Project" will take pride of place at the next Pitti Immagine Uomo fashion industry show.

Specialist menswear retailer Skopes has clinched a £6 million funding deal with HSBC UK and now plans to open a further 15 stores, despite the tough times in UK fashion retail. 

The US creative has taken to Instagram to announce a new exhibition for next year, a show focusing on concrete, exploring the issue of how it can be transformed and decorated in human living spaces.

JP Hackett has opened the Savile Row townhouse location that it announced earlier this year with the high-end menswear brand adding further to its central London offer as the nearby Jermyn Street location remains open.

Analysts are predicting the Black Friday period to see spending anywhere from £4.3bn up to £8.7bn this year and while fashion & beauty will be a key sector, beauty will be the biggest winner in this mega-category.

Crew Clothing has benefited from investment in the brand and a Lawn Tennis Association (LTA) collab with the company’s latest results showing it has bucked the downturn in the UK fashion sector.

Payment processor PayPal Holdings Inc said on Wednesday it would buy privately held shopping and rewards platform Honey Science Corp for about $4 billion.

Bottega Veneta has chosen Miami to introduce the new retail concept designed by its Creative Director Daniel Lee, who sought to blend the US city's vibrant spirit with the label's Italian heritage.