Wal-Mart Stores on Tuesday reported higher-than-expected U.S. sales, helped by more customer visits to stores and accelerating online activity, and the world's largest retailer's shares rose more than 3 percent.
The 200-year-old UK heritage soccer brand is making its US debut at Project in Las Vegas this week with a big booth, a wide-ranging collection and a keen interest in the rising popularity of soccer stateside.
Christos Angelides has been named CEO at Reiss, confounding expectations that he would take the top clothing role at M&S. His new role at Reiss is part of a “planned succession process” and looks like a good fit.
Overseas acquisitions by Chinese buyers are cooling as Beijing reins in capital outflows, but deals into China are on the rise, with new rules making it easier for foreign buyers to tap China's rising consumer potential.