Sears Holdings Corp said it would sell its Craftsman tools business to Stanley Black & Decker Inc for $900 million, sending its shares up and taking some focus away from the company's dismal holiday season performance.
Online shopping continues to gain ground in Europe with two-thirds of internet users e-buying in 2016, according to a survey from Eurostat. And fashion is a key product category, especially for young shoppers.
Did Next manage to pull off a dramatic sales coup in Christmas trading? No. The company said Wednesday that its full-price sales in November and December dropped 0.4%, even though Q4 so far has been better than Q3.
Private equity firm Berkshire Partners LLC said on Wednesday it would acquire a significant minority stake in Kendra Scott Design Inc, in a deal that sources said values the company at more than $1 billion.
Givenchy has unveiled its SS 17 ad campaign. It plays on the contrast of stark backgrounds with studio shots and puts product to the fore, as well as marking the latest step in the advance of model Vittoria Ceretti.
The Australian Fashion Foundation on Monday night crowned the two winners of its annual internship program. Deanne Fanning and Hannah Tan will head to Europe or the U.S. for six months in 2017 to hone their craft.