The Beales department stores chain is proving that smaller multi-category retailers can still do well, despite the woes being suffered by larger peers, as it talks to Palmers about a takeover of the two-store firm
The Japanese cosmetics manufacturer more than doubled its net profit in the first quarter of 2018, driven primarily by Chinese customers, and hopes to continue the positive momentum throughout the year.
Q1 wasn't an undiluted triumph for Yoox Net-A-Porter as the off-price business proved a little slow. But full-price Net-A-Porter and designer e-stores powered ahead, even though exchange rates had a negative effect.
Footwear entity The Rockport Group announced CB Marathon Opco, LLC an affiliate of Charlesbank Equity Fund IX, purchased its assets in a voluntary Chapter 11 bankruptcy filing today that allows Rockport to continue ops.
Germany's Beiersdorf, the maker of Nivea skin care products, said on Monday it had agreed a strategic cooperation with NetEase Kaola, a unit of Chinese video games publisher NetEase focused on cross-border e-commerce.