Financial

Retail

Financial

American Apparel Inks $25M Agreement With Standard General

The agreement reshapes the company's board and gives founder Dov Charney title of strategic consultant.

WWD Global Stock Tracker Launches With 0.1% Gain

Elizabeth Arden and Inter Parfums pace advances.

Standard General Increases Control of AA

The hedge fund is said to be loaning American Apparel Inc. $25 million in financing.

M&S General Merch Sales Stumble

While Marks & Spencer reported a 2.3 percent rise in first-quarter sales Tuesday, its general merchandise revenues continued to struggle.

Indonesia Retail Sales Growth Slows to 15% in May

Indonesia's annual retail sales growth slowed in May compared to the previous month due to slower paces of purchases of food, beverages and tobacco.

RetailNext Secures $30M in Series D Financing

New investors include publicly held Tyco, Qualcomm and American Express.

M&S Sales Gain 2.3% in Q1

Online sales dipped 8.1 percent, impacting the retailer’s clothing performance.

Standard's Tough Road at American Apparel

Standard General is poised to move into the driver’s seat at the retailer — but it’s still not clear just where the colorful basics company is going.

South Korean Retail Sales Slide

Sales at the country's top department and discount store chains fell in June, adding to concerns that the country's economic recovery is faltering.

Woolworths Holdings Closer to David Jones Takeover

The South African firm is a step closer to its $2 billion takeover of David Jones, despite concerns raised by Australia’s corporate watchdog.

Hunter and Itochu Form Joint Venture in Japan

The deal will see Itochu distribute Hunter’s footwear, apparel, bags and accessories in the country.

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