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Retail Sales Drop 4.6% in South Korea

Data for June covers department and discount chains.

Retail Apparel Prices Rise in June

Prices for women’s apparel rose 1.2 percent last month, while prices for men’s apparel increased 0.9 percent.

OVS IPO Expected by End of Year

Parent company Gruppo Coin is slated to spin off the Italian mass-market retailer between August and September.

Standard General Purchases Rights to AA Loan

The firm said it did so to “resolve any disputes over any alleged events of default under the credit agreement.”

Alibaba IPO Seen Possible in Sept.

Alibaba Group Holding Ltd. is now said to be envisioning an initial public offering in September.

Michael Kors Shares Rise for Second Day

Investors see buying opportunity.

American Apparel Shareholders Seek Resignation of Board Members

Bigger Capital Fund, Bachelier LLC and the Bigger Family have sent a letter to the company's board seeking the resignation of David Danziger and Allan Mayer.

Carrefour Q2 Sales Rise 0.3%

The French retailer said a healthy performance across Europe offset currency impacts in Latin America.

Retail Sales Up for Week, Says ICSC

Sequential change, at 0.1%, is weakest in month.

H&M Sales Rise 12% in June

Calendar effects dented the Swedish retailer’s monthly figure.

Abercrombie & Fitch Plans Refinancing

New facilities aimed to expand flexibility, take advantage of ‘favorable credit markets.’

Alibaba Raises Valuation to $130B

The Chinese e-commerce giant has increased its valuation ahead of its initial public offering.

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