The US group is considering an offer to acquire the US fashion chain, subject to bankruptcy.

Amidst a retail apocalypse, department stores that used to be acclaimed, now stand at the other end of the fence with the consumer paving the new path of department stores.

Mothercare has announced the departure of the CEO, a few weeks before closing its operations in the United Kingdom.

The British ecommerce has attributed the rise in sale to Black Friday.

The lingerie company, owned by the American group L Brands, launches its new shapewear collection with Colombian-based brand Leonisa.   

The company hired the consulting firm Deloitte in December to carry out an exhaustive revision of its stock.

H&M group’s second-biggest brand is losing various top executives. This will be one of the biggest leadership shuffles that Cos has lived since its launch back in 2007. 

The British luxury company has ended the third quarter of its fiscal year with a revenue of 719 million pounds (937 million dollars)

The Irish born retailer entered America’s market 46 years after its first launch. The chain unveiled more openings in the pipeline following the slow growths since its entry. 

The Swoosh brand, which grows at double-digit rates in the Old Continent, expects to exceed 10,000 million dollars annually in sales and end 2020 with record turnover in the country.