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Apparel & Accessories Headlines

Nordstrom holiday-quarter sales slump 20%

Upscale department store chain Nordstrom Inc on Tuesday reported a 20% decline in net sales for the holiday quarter, as a surge in the number of COVID-19 cases and fresh restrictions in some cities put a damper on holiday retail shopping.

Kohl's forecasts sales growth in 2021

Kohl's Corp said on Tuesday it expects 2021 net sales to increase in the mid-teens percentage range, as the department store operator rolls out products from new partner brands and online demand remains robust.

FOCUS-Spanish unions cry foul as Inditex shuts stores

Inditex staff in Spain say they are being forced out as the owner of fast-fashion brand Zara rolls out its plan to shut up to 1,200 stores worldwide, despite a company agreement with Spanish unions to project jobs.

REUTERS NEWS SCHEDULE AT 10 p.m. GMT/6 a.m. SGT

Here are the top stories and upcoming coverage plans for Reuters text service as of 10 p.m. GMT/6 a.m. SGT. For a full schedule of news and events, go to our editorial calendar on Reuters Connect https://www.reutersconnect.com/planning.

REUTERS NEWS SCHEDULE AT 11am GMT/6am ET

Here are the top stories and upcoming coverage plans for Reuters text service as of 6 a.m. ET/11 a.m. GMT. For a full schedule of news and events, go to our editorial calendar on Reuters Connect https://www.reutersconnect.com/planning or on Media Express http://mediaexpress.reuters.com/planning-tools/calendar.

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