One of China's biggest textile and apparel manufacturers, Shandong Ruyi Technology Group, is in the process of acquiring a property in Arkansas, USA to produce, warehouse and distribute several textile products.
Macy's has forged a deal to become the exclusive department store to stock DKNY womenswear clothing. The retail chain has entered into an agreement with the fashion brand's parent company G-III Apparel Corp.
Consumers are most willing to engage brands with new retail technologies like automation, drones, virtual reality (VR) and more, if they feel that they are in control of their experience, according to a recent report.
New Look owner Brait SE has postponed plans to list on the London Stock Exchange and relocate its HQ to Britain as uncertainty over Brexit and the UK’s trading position in two years’ time makes such a move too risky.
Dubai's Emaar Malls, operator of the Middle East's most glitzy shopping malls, has made an $800 million offer for Middle Eastern online retailer Souq.com, potentially setting up a bidding war with Amazon.com Inc.
Britain's biggest retailer Tesco is in advanced talks with the Serious Fraud Office (SFO) over a plea deal that would involve it paying a large fine over its 2014 profit overstatement, Sky news said on Saturday.