J.C. Penney Co Inc's stock hit a life-low as major store closures and a challenging retail scene drove the embattled department store chain to a bigger-than-expected quarterly loss and took a toll on comparable sales.
British furniture retailer DFS said its earnings would be at the lower end of forecasts after orders declined April to June, reflecting an uncertain economic environment, thw national election and warm weather.
Next showed it can still compete with nimble online rivals in Q2, but while its e-sales recovered, its retail stores struggled and its clearance was less successful than usual so it remains cautious for the second half.
The Guo Pei exhibit at the SCAD Fash Museum of Fashion + Film will showcase over 30 ensembles by the Beijing born designer, including the iconic imperial yellow cape worn by Rihanna at the Met Gala in 2015.
Muji has just opened its latest store outside of Japan, now beating the number of stores it has in its domestic market. It will focus on growing the number further as it targets SE Asia and plans its Vietnam launch.
In a collaboration with the Danish design company Hay, the Swedish furniture retailer will be debuting the Ypperlig home collection this fall, which includes a chicer version of its iconic blue carrying tote.
The 23-year-old model announced on Instagram that she would be leaving modeling behind due to a foot injury and not being able to wear high heels. She will instead pursue new projects in pottery and interior design.
According to the annual survey conducted by the National Retail Federation (NRF), back-to-school and back-to-college spending in the U.S. is projected to generate $83.6 billion, an increase of over 10% from last year.