John Lewis, the employee-owned group seen as a barometer of British retailing, posted a 20 percent fall in first-half profit and said although its second-half had started well it expected a tough 2010.
Swedish fashion giant Hennes & Mauritz, the world's No.3 clothing retailer, said that it aims to raise its Greater China store count by nearly 30 percent by year end as part of a broader push into Asia.
India's Future Group plans to raise more than 10 billion rupees ($210 million) through an initial public offering of its venture capital arm, and hopes to raise a similar amount through selling some retail assets.
Shulong; you might not recognize the name, but in China the brand has existed since 1930. The brand is inspired by martial arts and its shoes came to its leading European export market – France – in 2008 via distributor Uptwoup.