The Nelsonville, Ohio-based footwear company reported a 41% increase in income for the fourth quarter on Wednesday, ending the financial year on a high note as strong retail sales drove revenue growth.

The contract between Cédric Charlier and the Italian fashion group for the production and distribution of the Belgian designer’s ready-to-wear line has reached its term and hasn’t been renewed.

In 2019, sales for Japanese cosmetics giant Shiseido in the EMEA region grew by 11.8%, reaching €968 million. All the categories, from skincare to make-up and perfume, were on an upward track.

The latest CBI Distributive Trades Survey has shown no relief in weak retail sales during February but many retailers seem to be upbeat and are planning investment for growth this year.

Fresh from reports that Ted Baker is seeking to sell its HQ to generate cash, news has came that the firm is cutting head office jobs with 102 posts being made redundant and another 58 current vacancies left unfilled.

2019 was a good year for Hermès and the firm remains upbeat, despite a small slowdown in Q4 and the recent coronavirus outbreak. It saw strong performances in RTW, jewellery, Asia, the Americas and the UK.

Dubai-based retail developer Majid Al Futtaim said on Monday its annual EBITDA and revenue edged higher, sharply slowing from the pace of growth seen in 2018, amid challenging conditions in its key Middle East markets.

EU antitrust regulators on Tuesday extended their investigation into Ray-Ban maker EssilorLuxottica’s 7.2 billion-euro bid for Dutch opticians group GrandVision by two weeks to July 6, according to an EU filing. 

Britain’s biggest retailer Tesco has completed its exit from China with the 275 million pound sale of its joint venture stake to state-run partner China Resources Holdings.

The online fashion retailer reported a 16% increase in sales in the fourth quarter on Tuesday, as the company's high-end Forward business came into its own, posting particularly strong growth.  

The footwear company announced a slight increase in its fourth-quarter sales on Tuesday, but plummeted into loss as expenses related to environmental litigation took their toll on the group’s bottom line.

Macy’s Inc holiday-quarter results beat analyst expectations on Tuesday, but investor skepticism around its cost-cutting strategy at a time of intense online competition sent shares down nearly 5%.

The undisclosed sum from private equity firm Cassia Investments will go towards supporting the company’s expansion plans, following the opening of a townhouse-style store in Oxford earlier this month. 

Ted Baker is in talks to sell its ‘Ugly Brown Building’ headquarters in London’s Kings Cross after uncovering a multi-million pound black hole in its accounts.

Shopping malls giant Hammerson was focusing on its “further progress in portfolio optimisation" in its annual results statement, which underlined the tough times in UK retail at present.