Sears closes 150 stores on poor Christmas
US department store Sears will close 150 stores and sell its Craftsman tool brand to raise cash after Christmas sales fell 12pc.
US department store Sears will close 150 stores and sell its Craftsman tool brand to raise cash after Christmas sales fell 12pc.
The biggest US department store chain is slashing more than 10,000 jobs and closing 100 stores after a poor Christmas.
Billabong International's Tigerlily is believed to have caught the eye of a fashion heavyweight.
David Jones has suffered another departure from its ranks with head buyer for international and Australian designer womenswear leaving.
Gone are the days when last year's bathing suit and an old beach towel was all you needed for a day at the beach.
Kathmandu's chief says the outdoor clothing retailer's first-half profit is on track to be in line with last year.
Fortune favours the bold when it comes to the world of fast fashion.
Tracey Blundy took financial risks from an early age to build a retail career that made her millions.
Demand from international retailers could absorb the entire new supply of retail space coming on to the market over the next five years.
Luke Grana endured two failed start-ups in Australia but has found the closest thing to a failsafe partner for Chinese expansion.
The head of Australia's biggest footwear group RCG Corporation worked the shoe leather to become a multi-millionaire retailer.
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