TJX's quarterly performance was one of few bright spots in the gloomy U.S. retail environment, proving that the company's off-price business model was luring shoppers even as competition from Amazon.com Inc intensifies.
JD.com Inc, China's second-largest e-commerce firm, posted a wider net loss in the second quarter as marketing costs offset higher-than-forecast revenue growth, sending its shares sharply lower on Monday.
J.C. Penney Co Inc's stock hit a life-low as major store closures and a challenging retail scene drove the embattled department store chain to a bigger-than-expected quarterly loss and took a toll on comparable sales.
Next showed it can still compete with nimble online rivals in Q2, but while its e-sales recovered, its retail stores struggled and its clearance was less successful than usual so it remains cautious for the second half.
The Guo Pei exhibit at the SCAD Fash Museum of Fashion + Film will showcase over 30 ensembles by the Beijing born designer, including the iconic imperial yellow cape worn by Rihanna at the Met Gala in 2015.
In a collaboration with the Danish design company Hay, the Swedish furniture retailer will be debuting the Ypperlig home collection this fall, which includes a chicer version of its iconic blue carrying tote.
The Swedish fashion giant announced it will join forces with Erdem Moralioglu for its latest collaborative designer collection, previewed in a short teaser by the Australian director of Moulin Rouge fame.