A new survey has found that British men are now spending more on clothes and shoes each month than women but we won’t see the high streets crowded with male shoppers just yet, as 48% prefer to shop online.
Australian retailers suffered another tepid month of sales as consumers, battling stagnant wages and rising utility bills, curbed spending in an outcome that augers poorly for third-quarter economic growth.
How bad was UK retail last month? On the footfall front it was very bad indeed. Ipsos Retail Performance’s Retail Traffic Index showed store visits dropping 9.1%. But was it a sign of worse to come or a one-off blip?
Lululemon has dropped its patent infringement lawsuit against Under Armour where it originally claimed UA copied two of its patented sports bra strap designs and the distinctive look of the strappy Energy Bra.
Seoul and Beijing have agreed to move beyond a year-long stand-off over the launch of a US anti-missile system in South Korea, a dispute that has devastated South Korean businesses that rely on Chinese consumers.
Moody's Investors Service has reported US retail remains stable, despite lower operating income expectations. While certain retailers have been hit hard, they account for a small part of the overall US retail landscape.