retail

Struggling US retailer Macy’s to close 150 stores

NEW YORK, Feb 27, 2024 (AFP) - The iconic but struggling US department store Macy's announced plans on Tuesday to…

French sports retailer Decathlon secretly supplying Russia: report

  PARIS, Dec 19, 2023 (AFP) - French sports retail giant Decathlon has secretly continued selling clothes in Russia despite…

Investors propose buying US retailer Macy’s for $5.8 bn: report

WASHINGTON, Dec 11, 2023 (AFP) - A group of investors have offered to buy US department store giant Macy's for…

China’s ‘Singles Day’ shopping bonanza loses its lustre

BEIJING, Nov 11, 2023 (AFP) - China's annual "Singles Day" sales bonanza wraps up at midnight on Saturday, but consumers…

Chinese fast fashion giant Shein denies low prices due to forced labour

PARIS, May 5, 2023 (AFP) - Chinese cut-price fast-fashion giant Shein defended its business model in an interview with AFP,…

Clothes retailer Next shrugs off UK cost-of-living crisis

London, United Kingdom (AFP) Shares in UK clothing retailer Next soared to the top of the London market Thursday after…

UK fashion retailer Joules faces collapse as inflation hits

London, United Kingdom | AFP | UK fashion retailer Joules on Monday announced it was on the brink of collapse,…

‘Challenging’ year for Ikea, 10,000 layoffs in Russia

  Stockholm, Sweden | AFP | Swedish furniture giant Ikea posted a six percent rise in full-year sales on Thursday,…

America’s largest mall under lockdown in ‘active incident’

WASHINGTON, United States (AFP) -- America's largest mall went into lockdown Thursday over what police described as an "active incident,"…

US tech titans stumble after pandemic boom

by Glenn Chapman Agence France-Presse SAN FRANCISCO, United States (AFP) -- Amazon and Apple were a relative bright spot in…

Nike profits dip on lower sales in North America, China

NEW YORK, United States (AFP) -- Lower sales in North America and China dented Nike's quarterly results as the sports…

China factory output, retail sales weak as Covid shadow persists

BEIJING, China (AFP) -- China's factory output and retail sales remained weak in May, official data showed Wednesday, with tepid…

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