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Pic: Le Chateau

Retail | On 23rd Sep 2020

Le Chateau Q2 FY20 sales dip 70% to $15 mn

Le Chateau, a Canadian specialty retailer and manufacturer, posted 70.5 per cent sales decline to $14.7 million (Canadian dollars) in its second...

Pic: Vertebrae

Retail | On 23rd Sep 2020

US shoppers seek virtuality to overcome hurdles online

Even as US retail outlets reopen, 48 per cent of shoppers still do not believe it is safe to shop in stores and nearly 38 per cent won't try on...

Pic: Shutterstock

Retail | On 23rd Sep 2020

KKR to invest ₹5,550 cr in Reliance Retail Ventures

Reliance Industries Limited (RIL) and its subsidiary Reliance Retail Ventures Limited (RRVL) have announced today that global investment firm KKR...

Pic: Shutterstock

Retail | On 23rd Sep 2020

Ascena Retail achieves key milestones in restructuring

The US bankruptcy court for the Eastern District of Virginia recently approved the adequacy of the Ascena Retail Group's disclosure statement related ...

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Inditex to invest €2.7 billion for 2020-2022 plan

Inditex, a Spanish fashion retailer, has announced...

Primark to place £1 bn orders for autumn/winter...>

With the reopening of its retail stores, Primark has...

US retail sales continue to recover from...>

Retail sales in the US continued to recover from the...

Shoppers Stop to focus on omni-channel strategy

Shoppers Stop Ltd will continue its focus on...

H&M to decrease store count by 40 in 2020

Swedish fashion retailer H&M Hennes & Mauritz AB has...

Walmart Canada to invest $3.5 bn for growth

Walmart Canada has announced a major $3.5 billion...

Matalan reports FY20 revenue of £1,129 mn

Matalan, a UK-based leading out of town fashion and...

Truworths negotiates funding for its UK footwear ...>

South African retailer Truworths International is...

UK retailer French Connection secures £15-mn...>

French Connection recently received £15 million cash...

EU retail trade volume level returns to...>

In June 2020, a month marked by some relaxation of...

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