Showing 11 - 20 of 31
Hudson's Bay steps outside Canada with Dutch stores
Business, Reuters, Published on 06/09/2017
» TORONTO: Hudson's Bay Co's (HBC) commitment to Europe "is rock solid," chief executive officer Gerald Storch told Reuters in an interview, ahead of the opening of the first of 10 planned name-sake department stores in the Netherlands yesterday, bucking a trend away from bricks and mortar.
Fashion M&A, like a crop top, hard to pull off
Business, Reuters, Published on 12/07/2017
» NEW YORK: Mergers and acquisitions for fashion retailers are like a crop top T-shirt: a risk best braved by a select few and avoided after a certain age.
Aldi tries to match Wal-Mart on price
Business, Reuters, Published on 12/05/2017
» WHEATON, Illinois: German grocery chain Aldi Inc is trying to beat the world's biggest retailer at its own game: low prices.
Wal-Mart bets big on online fashion
Business, Reuters, Published on 19/04/2017
» Wal-Mart Stores Inc's bid for clothing retailer Bonobos, which surfaced last week, is the latest step in the company's attempt to recover lost ground against Amazon.com Inc and others in the rapidly growing online fashion world, analysts and retail consultants say.
BP keeps refining stable, expands retail
Business, Reuters, Published on 30/03/2017
» LONDON: BP Plc plans to sell more refineries without investing in new plants despite growing oil production and will focus on modernising existing operations while expanding its network of filling stations to generate $3 billion in additional cash.
Firm's 'Made in US' heritage uncertain after deal
Business, Reuters, Published on 12/01/2017
» MONTREAL/NEW YORK: American Apparel LLC's made-in-the-US heritage is uncertain after Canadian apparel maker Gildan Activewear Inc won a bankruptcy auction to acquire the edgy fashion retailer for about $88 million in cash.
Digital revolution in luxury market
Business, Reuters, Published on 03/10/2016
» When LVMH Moet Hennessy Louis Vuitton SE hired former Apple Inc music executive Ian Rogers to craft a digital strategy, investors may have hoped for some quick results. If so, they are probably disappointed.
Canada chain buys US retailer for $3.67bn
Reuters, Published on 22/08/2016
» Canadian convenience store operator Alimentation Couche-Tard Inc said it would buy US convenience store retailer CST Brands Inc for about $3.67 billion, as the company looks to strengthen its US operations.
Chinese 'daigou' army reboots Australian industry
Business, Reuters, Published on 16/08/2016
» SYDNEY: In 2013, student Na Wang began shipping fish oil capsules to China from Sydney to help pay the rent. Now, she's in business, part of a growing army of Chinese shopping agents sending Australian food and diet pills home to feed rampant demand.
Industry plunges deeper into VR
Business, Reuters, Published on 17/06/2016
» LOS ANGELES: Virtual reality has yet to take off with the bulk of video gamers, but the industry is doubling down on its bet that one day it will.