Cutting back? So are the bigwigs
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.
Will empty big-box stores ever get filled?
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.
Crisis gives high-end retail industry a makeover
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.
Price wars to heat up holiday
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.
You may never have it so good again: retail execs
LONDON - You've "never had it so good," British Prime Minister Harold Macmillan told the first generation of mass-market consumers in 1957.
VF Corp sees markets "stabilize"
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.
ASOS sees slower growth; big prospects abroad
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.
Gruppo Coin says June like-for-like flat
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.
U.S. malls' ills give independent stores an opening
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.
Mattel plays "wait and watch" game
NEW YORK - This holiday season, the world's No. 1 toy maker, Mattel Inc , will play a game of its own -- wait and watch.
Lower prices, fewer dresses on racks this Christmas
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.
Speakers
| Summit | Date | Category |
|---|---|---|
| Aerospace and Defense | Sep 3 - 5 | Aerospace/Defense |
| Global Consumer and Retail | Sep 9 - 12 | Consumer Retail |
| Russia Investment | Sep 23 - 25 | Financial Services/Exchanges |
| Washington | Oct 21 - 24 | Country Summits |
| Middle East Investment | Oct 28 - 30 | Financial Services/Exchanges |
| Global Commodities | Nov 4 - 7 | Financial Services/Exchanges |
| Global Investment Outlook | Nov 18 - 21 | Financial Services/Exchanges |
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