
Visa Inc's chief executive urged U.S. merchants and banks to hasten the adoption of a more secure technology for credit and debit cards after security breaches at several retailers.
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Visa Inc's chief executive urged U.S. merchants and banks to hasten the adoption of a more secure technology for credit and debit cards after security breaches at several retailers.
Heavy investment in its online offering and new brands depressed fourth-quarter profits at Hennes & Mauritz and the world's No. 2 fashion retailer said it would keep expanding into more markets and products.
Following on from an announced expansion into the U.S., H&M brand Cos will open a store in Seoul, South Korea.
Revlon Inc said it would exit China, where sales of its cosmetics have been falling, and cut more than 1,000 jobs as part of a restructuring designed to save about $11 million a year.
The theft of credit and debit card data from 40 million Target Corp customers could end up costing hundreds of millions of dollars, but it is unclear who will bear the expense, lawyers and industry sources said.
Target Corp said hackers might have stolen data from some 40 million credit and debit cards of shoppers who visited its stores during the first three weeks of the holiday season in the second-largest such breach repor...
Loehmann's, the discount clothing chain, filed for bankruptcy protection for a third time and has hired liquidators in connection with a plan to sell assets.
Fifth & Pacific Cos Inc said it would sell its Lucky Brand Jeans business to private equity firm Leonard Green & Partners LP for $225 million as it focuses on its fast-growing, higher-end Kate Spade brand.
Retailing giant H&M has announced plans to open its first store in the Philippines. The flagship store will open in 2014 in Manila’s SM Megamall shopping centre
Italian eyewear company Safilo signed an agreement to design, make and sell men's eyeglasses for Jack Spade, the male counterpart to Fifth & Pacific brand Kate Spade in North America.