C&A, one of the biggest clothing retailers in Brazil, has started procedures for an initial public offering (IPO) on the country’s B3 stock exchange, according to a securities filing released on Thursday.
U.S. retailer Walmart Inc reported strong second-quarter results and raised its earnings expectations for the year, temporarily sidestepping concerns around consumer demand in the wake of tariffs on imports from China.
It started as a simple sales promotion, but Amazon's Prime Day has now morphed into a major phenomenon joined by scores of retailers jockeying with the US colossus for a bigger slice of the e-commerce pie.
J. Crew Group Inc has hired investment banks to prepare for an initial public offering of its Madewell apparel business, as the U.S. clothing chain seeks ways to revive its fortunes, sources said on Thursday.
Permira will help the 10-year-old Los Angeles-based brand to achieve its growth plans, expand its e-commerce strategy and retail footprint both domestically and internationally, and launch new product categories.