Macys
Retail
Fabindia terms reports about acquisition of East as only speculative
Fabindia, the leading Indian retailer specialising in ethnic Indian design and fabrics, is in the headlines. According to media reports, the company is learnt be in talks with East, UK's bohemian womenswear retailer that pioneered the sale of Indian...
Retail
Macy’s Inc. to open in Dubai in 2010
Macy's Inc. announced that the first Bloomingdale's stores outside of the US will open in February 2010 in Dubai, United Arab Emirates (UAE), as part of a strategic relationship with Al Tayer Group LLC, a leading UAE-based company with...
Retail
Macys swings to profit
American retailer Macy's said it had a fiscal third-quarter profit after limiting expenses. The retailer cut its fourth-quarter sales forecast, sending the shares down the most in more than five years.
Macy's reversed a year-earlier loss as costs to integrate...
Retail
Rising fuel cost slows US retail sales
Rising fuel prices and fall in property value led to slow pace of retail sales in the U.S in October as it left shoppers with little extra cash to spend, economists said.
Purchases rose 0.1 percent, the smallest increase in...
Retail
Shoppers’ Stop may bring Macy’s to India
Shoppers’ Stop, promoted by K Raheja Group, may tie up with US-based, $26.79-billion retailer Macy’s Inc. to bring its apparel brands to the country. The company’s talks with the US retailer are in advanced stages and they may finalise...
Retail
World Retail Congress concludes in Barcelona
The very first World Retail Congress closed on March 30 following a three-day programme of plenaries, business seminars and awards which saw more than 1,000 senior retailing professionals from 50 nations attend, including delegates from Brazil, China, Dubai, France,...
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The Luxottica report card for 2022
A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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