H&M said on Saturday that data security breaches found at its German unit were unacceptable and it was cooperating with the local data protection supervisory authority in its investigation into the matter.
Fragrance and flavor maker Givaudan said it was confident of delivering like-for-like sales growth of between 4% and 5% this year, within its mid-term target range, implying a slowdown from 5.8% growth last year.
Shopping malls giant Intu is under heavy pressure as it works to improve its debt situation and another area in which it’s under pressure, footfall, is also a focus for the owner of some of the UK’s top shopping centres.
Asos said it delivered an “encouraging” start to its financial year when it issued a trading update on Thursday, with the four months to December 31 seeing both total group revenue and total group sales up 20%.
Both designers opted to reveal their Haute Couture collections for Spring-Summer 2020 at home, harking back to a certain confidential air in couture shows and presenting ultra-chic ensembles fit to wear every day.
According to a new study, although increasing numbers of retailers are prioritizing customer-centric initiatives, a vast majority believe that they are not effectively adapting to the demands of hyperadoptive consumers.