The French luxury group gains full control of the 70-year-old Parisian fashion house Christian Dior in a mammoth deal worth around €12.1 billion.

May 01, 2017 06:39 PM EDT

UK luxury fashion retailer Burberry posts lackluster set of results for its second half following an impressive result in the third quarter, a retail analyst stated.

Apr 30, 2017 09:56 PM EDT

Sears Holdings Corp. admits overnight its ongoing survival is unlikely and its plan to avoid bankruptcy by selling off or licensing brands may prove difficult.

Mar 23, 2017 08:47 PM EDT

Embattled US department store operator posts another quarterly operating loss that is even worse than the previous corresponding period which the company attributes to having fewer Kmart and Sears Full-line stores in operation.

Mar 12, 2017 10:57 PM EDT

Swedish retailer, H&M, joins the United Nations' Better Than Cash Alliance, a partnership of governments, companies and international organisations which aims to accelerate the transition from cash to digital payments.

Mar 09, 2017 07:49 PM EST

Walt Disney Co.'s CEO says his seat on US President Donald Trump's advisory council is an opportunity to voice opinions that could benefit Disney and the company's shareholders.

Mar 08, 2017 08:46 PM EST

Sports Direct owner Mike Ashley has acquired an interest in the struggling luxury lingerie retailer, Agent Provocateur.

Mar 06, 2017 01:24 AM EST

De facto chief of the South Korean electronics giant faces trial after indictment on multiple charges which include bribery and embezzlement.

Mar 02, 2017 12:59 AM EST

E-commerce giant seeks tougher laws, stricter enforment and heavier penalties against retailers or vendors of counterfeit goods in China.

Mar 01, 2017 01:21 AM EST

Asian shares up, strengthened by gains on Wall Street as investors await President Donald Trump speech.

Feb 28, 2017 01:54 AM EST

US upscale department store chain posts growth in fourth quarter earnings exceeding analysts' expectations.

Feb 23, 2017 09:09 PM EST

Australian pharmacy group, TerryWhite Chemmart, doubles revenue following the merger.

Feb 22, 2017 12:11 AM EST

Tech company Lenovo posts a drop in its third quarter profits as it faced "sizeable" challenges in its business.

Feb 19, 2017 09:11 PM EST

UK retail spending sees 1.5 percent growth year-on-year in January 2017 compared with January 2016.

Feb 19, 2017 08:12 PM EST

Mass media company, CBS Corporation, posts quarterly profit decrease.

Feb 15, 2017 09:11 PM EST