Today's News

In celebration of the Diamond Jubilee, the famous Knightsbridge department store is currently displaying in its windows 34 crowns designed by iconic British and international brands.

Online jewelry retailer Bidz.com Inc said it will be taken private by Glendon Group Inc, valuing the company at about $14.3 million.

Chinese shoe retailer C.banner International Holdings said it has secured investors including a firm linked to Chanel Inc to help fund its expansion.

High-end London-based jeweller Graff Diamonds on Monday launched the roadshow for its reported $1.0 billion initial public offering in Hong Kong, one of the biggest this year.

The warmest U.S. winter in years fueled higher sales at footwear retailers Brown Shoe Inc and Foot Locker Inc, and the companies are expected to benefit from tight inventory management in the next few quarters.

French luxury giant LVMH is struggling to retain its image as exclusive and high-end creators of $10,000 alligator handbags and goat-lined fur coats, while opening enough stores and reaching enough customers to keep...

Italian jewellers are fusing the latest laser technology with traditional lace-making techniques in their efforts to ride out the economic downturn and keep up with growing competition from low-cost rivals in China...

Gold demand in India, one of the world's leading buyers, is likely to moderate in 2012 as higher inflation trims disposable income at a time prices are stubbornly high on a weak rupee.

Platinum jewellery, promoted by Bollywood stars and newly trendy among younger consumers, is slowly beginning to take off in India now the metal is cheaper than traditional favourite gold.

The price for staking ground on Manhattan's Fifth Avenue jumped 22 percent in the past year, spurred by a record number of tourists spending their dollars at top U.S. and international retailers on America's...

Teen-focused retailer Zumiez Inc posted a better-than-expected quarterly profit on improved margins but forecast second quarter earnings below estimates.

U.K. retailers are likely to be hurt by a slowdown in orders from European markets and the difficult trading conditions, said Seymour Pierce as it downgraded the general retail sector to "underweight".

Using her Lady Dior bag as a fashion-forward travel diary, fashion photographer, illustrator and blogger Garance Doré visits Japan. Drawing inspiration from the sights and culture of Japan, Garance puts her own stamp...

Sportswear and shoes retailer Hibbett Sports Inc reported higher-than-expected quarterly results and raised its full-year profit forecast, citing strong demand across categories, cost cuts and improved margins.

High-end jeweler Graff Diamonds is forging ahead with an initial public offering to raise up to $1 billion, setting a price range on Friday for its Hong Kong flotation despite a sell-off in equity markets.

The family owners of Schustermann & Borenstein have mandated Goldman Sachs to sell the German clothing exporter, two people close to the transaction said on Friday, a move analysts expect to attract strong interest.

Adidas AG has sued to stop a U.S. sporting goods retailer and a skateboarding equipment maker from selling sneakers with three parallel diagonal stripes, a design it said looks too much like its own.

The shoe company has agreed to a settlement with the Federal Trade Commission, which accused the company of making false claims about its Resistance Runner, Toners and Tone-up shoes.

Women's clothing retailer Ann Inc reported a quarterly profit that beat estimates for the seventh time in a row, as fewer promotions helped lift margins at its Ann Taylor stores.

Teen apparel retailer American Eagle Outfitters Inc said it is getting out of the children's clothing business and that Chief Financial Officer Joan Hilson will step down at the end of July.

Jack Wolfskin continues to strengthen its presence in the winter wear market by becoming the main sponsor of the Biathlon World Cup.

John Lewis, Britain's biggest department store group, said the approaching national holiday to celebrate the Diamond Jubilee of Queen Elizabeth II was driving gift sales as the firm posted another double digit...

Gap Inc raised its yearly profit forecast, prompted by first-quarter earnings that topped Wall Street estimates and rising sales, sending its shares up 8 percent in extended trading.

Teen retailer Pacific Sunwear of California Inc reported a narrower-than-expected quarterly loss, helped by higher gross margins, and said it plans to add higher-priced Nike products to rebuild its brand.

With the meteoric jump in shares of Apple Inc and turmoil in the bank sector garnering the spotlight in recent months, one group managed to fly under the radar despite strong gains - retailers.

Wal-Mart Stores Inc's profit and sales surpassed expectations on Thursday as more people shopped at its established U.S. stores and spent more, pushing shares up 5 percent despite ongoing internal and government...

Ten thousand rolls of tobacco, 12 bottles of Sake, and a handful of second-hand Mercedes-Benz cars are among the latest reported breaches by North Korea of a U.N. ban on luxury goods sales to the reclusive state.

A few months before its next edition, from the 7th to the 9th of July, the show Mode City has commissioned a study in the offices of the NDP on the state of the resort market. France remains the second largest...