NEW YORK Top retail and luxury executives are sacrificing watches, vacations and new cars in the economic downturn, but keep your hands off their newspapers, nonfat lattes and bicycles.
NEW YORK The recent wave of retail bankruptcies has left lots of empty storefronts in shopping centers and malls, and landlords may be in for a long drought as retailers curtail expansion plans amid recession.
NEW YORK Fashion and retail executives are adding new ingredients like extensive customer data and streamlined websites to their marketing mix to get consumers to buy in the recession.
NEW YORK It is a little bit early to tag a must-give gift for the 2009 holiday season, but one thing seems clear in the recession: Cheap, or at least cheaper, will be chic.
LONDON You've "never had it so good," British Prime Minister Harold Macmillan told the first generation of mass-market consumers in 1957.
LONDON VF Corp , owner of brands such as Wrangler, Lee, Vans and The North Face, has seen its markets in the United States "stabilize" but does not expect a return to growth in 2009, its chief executive said on Friday.
LONDON British online fashion retailer ASOS expects sales growth to slow in the coming months, but is confident of meeting analysts' expectations and upbeat about prospects for its international expansion.
LONDON Italian department store chain Gruppo Coin has seen flat like-for-like sales in June so far after a "big pickup" in May, Chief Executive Stefano Beraldo said.
NEW YORK The wave of bankruptcies that has eliminated dozens of U.S. retail chains could force landlords to rethink their traditional aversion to having small, independent retailers as tenants, a retail real estate expert said on Thursday.
NEW YORK This holiday season, the world's No. 1 toy maker, Mattel Inc , will play a game of its own -- wait and watch.
NEW YORK Fewer party dresses, a return to the classics, lower price tags and emptier store shelves -- those are the strategies U.S. retailers have devised to try to successfully navigate this year's Christmas season.