Cash-strapped Europeans are playing a multi-billion dollar game of chicken this Christmas, holding back from buying presents in the hope jittery retailers will cut prices rather than risk being left with unsold stock.
Russian online shopping growth is being held back by poor infrastructure and slow delivery times, accountants PWC said on Wednesday, forcing retailers to spend more before they reap any benefit of rising internet use.
In order to reduce its environmental footprint, Puma has decided to calculate its impact. Part of PPR’s sports and lifestyle unit, Puma has just published on May 16th the results of its first environmental account.
Chinese sportswear retailer 361 Degrees International rallied about 19% before paring back gains in the afternoon session of its trading debut on Tuesday 30 June, weighed down by a fall in the broad market.
The bankruptcy of the second-largest U.S. mall owner, General Growth Properties Inc, will have little immediate effect on its retail tenants, but could hurt them down the road. The biggest real estate failure in U.S.c...