British retailer Marks & Spencer profits saw a 2% boost in the first half of 2018, but sales of clothing and food declined.
Beleaguered clothing retailer New Look has announced new store closures in addition to the 60 declared earlier in 2018, underlining struggles faced by the company.
Italy-based fashion retailer Yamamay has selected Oracle Retail suite of solutions to support its growth strategy globally.
American footwear and accessories retailer DSW has completed the acquisition of the operations of Camuto Group’s brands for approximately $341m.
UK’s fast-fashion retailer New Look has reported improved profits despite an ongoing decline in sales.
Alibaba Group has formed a strategic alliance with Hong Kong-based Fung Group’s retail arm to bolster the in-store and online offering of international lifestyle brands in China.
Online retailer Amazon has announced plans to open a fulfilment centre in Beaumont, California, which is expected to create more than 1,000 jobs.