Mike Ashley, the founder and majority owner of sportswear retailer Sports Direct , said he had been "stabbed in the back" by shareholders, warning that future engagement with them would be "extremely challenging".
Carrefour said on Friday that its digital chief Marie Cheval will replace Alain Rabec as head of its French hypermarket stores, in the latest shift among senior management at Europe's largest retailer.
As London Fashion Week gets under way, the British Fashion Council (BFC) has unveiled new industry statistics highlighting how important the sector is to Britain while also warning about the risk of a no-deal Brexit.
German retailer Metro AG plans to sell its struggling Real hypermarket chain, which some analysts say could fetch around 1 billion euros and attract interest from potential buyers including online giant Amazon .
The Made-In-Italy leather goods label with Scandinavian design is seducing buyers with its cool and eco-friendly brand. It has 200 multi-brand buyers and will be at the Swedish Fashion Now showroom at Paris Fashion Week.
With London Fashion week kicking off now, Mintel is predicting that UK womenswear sales will grow 14% between this year and 2022 to reach an eventual £33.5 billion as women seek greater quality in their fashion buys.
UBM’s new event for sustainable and disruptive fashion has teamed up with the UN and the Conscious Fashion Campaign, and will be celebrating the collaboration with an activation at Coterie’s upcoming New York show.
Sears Holdings Corp reported a smaller decline in quarterly same-store sales on Thursday, but warned again that there is doubt about the company’s continued operation as it awaits approval to sell some of its businesses.