Fast Retailing’s Uniqlo struggled in November in its domestic Japanese market with the retail giant seeing a 5.5% comparable sales fall and 5.8% drop in total. Both figures included its online operations.
Private equity firm Catalyst Capital Group’s unsolicited bid for Hudson’s Bay Co is not “superior” to an agreed upon deal with a consortium led by its executive chairman, the retailer’s special committee said on Monday.
Zalando, Europe’s biggest online-only fashion retailer, said on Wednesday it attracted 840,000 new customers during the Cyber Week sales, while the value of orders placed on its site jumped by almost a third.
France and the U.S. on Tuesday said they would seek to ward off a trade war after Washington threatened tariffs on French products including cosmetics and handbags and Paris warned of retaliation backed by the EU.