JD.com Inc, China's second-largest e-commerce firm, posted a wider net loss in the second quarter as marketing costs offset higher-than-forecast revenue growth, sending its shares sharply lower on Monday.
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.
India’s renowned couture designer, Amit Aggarwal has partnered with Monaco tourism for his AW’17 collection 'Monaco From The Heart of Kashi,' which will be showcased at the Lakmé Fashion Week Winter/Festive 2017.
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 tourism boost UK fashion and luxury retailers have seen since the pound’s plunge year ago could be at risk with recent terrorist attacks having dented tourist visits to Britain, especially from long-haul countries.
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.