Consumer goods group Unilever said 2012 will be a difficult year as growth in emerging markets, which accounts for more than half its business, slows and demand in Europe and North America stays flat
The Benetton dynasty will buy out minority investors for €4.60 per share in a tender designed to delist the Italian clothing retail group which bears its name and reshape its strategy to restore pro
Hershey Co raised its 2012 earnings and sales growth targets on Wednesday, citing cost savings, productivity measures and expected increases in sales volume.
The UK’s Advertising Standards Authority banned a L’Oreal SA advertisement for being misleading, the second time in six months the watchdog has cracked down on ads by the world’s largest cosmeti
Esprit Holdings Ltd, the clothing retailer struggling to recover from last year’s 98 per cent earnings slump, plans to close all stores in North America after failing to find a buyer for the unprofi
Italian luxury shoemaker Salvatore Ferragamo is close to agreeing a deal to pay a record UK rent at its Bond Street store that will break the £1,000 per square foot mark for the first time, a source
Benetton Group denied a report on Tuesday of preliminary merger talks with Inditex , the world's largest clothing retailer, which had boosted the shares of the Italian company.
Unseasonably warm weather across the United States forced many retailers to offer deeper-than-usual discounts to clear out coats, sweaters and boots in January, pointing to tepid sales in the typicall
Woolworths Ltd, Australia’s largest retailer, plans to sell its consumer electronics unit to focus on its main businesses including supermarkets, which helped drive a 5.1 per cent rise in second-qua
Starbucks Corp will open its first coffee shops in India in August or September, a year later than originally planned, and aims to have 50 outlets by year-end through a tie-up with the Tata group, the
