U.S. shoppers worried by shrinking bank and retirement accounts tamped down spending across the board in September as the country's financial crisis worsened, MasterCard Advisors said in a report on Tuesday October 7th.
Top U.S. retailers, with the exception of discounters and warehouse clubs, are expected to post a drop in September sales this week as consumers balked at spending during an expanding financial markets crisis. Already...
Adidas AG , the world's number two sports goods maker, will keep battling those who misuse its three-stripe logo, it said on Wednesday, September 3rd after settling a infringement lawsuit against Wal-Mart .
U.S.-focused consumer goods exporter Li & Fung said on Wednesday it will pay $330 million to buy U.S. handbag importer Van Zeeland to become a leading handbag supplier in the United states.Li & Fung, which counts U.S.