Apr 25, 2020, United Arab Emirates:
Dubai and Abu Dhabi are preparing to open malls after quarantine, subject to stringent antiviral regulations.
Apr 24, 2020, USA:
The company is experiencing unprecedented cash shortages due to the retailer's shop closures.
Apr 23, 2020, USA:
Investment company Sycamore Partners refuses to acquire a controlling stake in the American lingerie retailer Victoria's Secret.
Apr 22, 2020, USA:
Clothing, accessories, and footwear worth tens of billions of dollars remain unsold due to a fall in sales in March and April.
Apr 22, 2020, USA:
Abercrombie & Fitch is another major retailer that has begun a partnership with ThredUp, a company specializing in online sales of used fashion garments.
Apr 21, 2020, Sweden:
Swedish retailer H&M was ranked number one in the Fashion Transparency Index 2020 with a score of 73 out of 100 possible.
Apr 21, 2020, China:
For an American producer of meat substitutes, this will be the first entry into the Chinese market.
Apr 20, 2020, USA:
The owner of a chain of luxury American department stores Neiman Marcus can file for bankruptcy as early as this week.
Apr 20, 2020, Germany:
One of the conditions for approving the loan is the suspension of dividend payments for the entire term of the loan.