The acquisition is expected to take at least two weeks to be finalized.

Online fashion retailer credits price investments and higher marketing spend for the gains.

Procter & Gamble's beauty business is worth up to a total of $12 billion.

British budget clothes retailer New Look posted a big jump in full-year profit on Tuesday.

The clothing and homeware retailer also reported a 20.2 percent rise in headline earnings per share.

The retailer said on Thursday it will offer limited free same-day delivery under its Prime shipping service.

China's top shoemaker and retailer Belle International Holdings Ltd saw its annual profit rise 8 percent but noted sluggish growth in the world's second largest economy hitting an already weak retail segment.

Intense competition in the parcels market from rivals will leave Britain’s Royal Mail reliant on cost controls and efficiency improvements.

Indian e-commerce firms are offering funding help and tech support to woo small retailers.

Business also got a shot in the arm from foreign tourists, with their buying more than tripling year-on-year for a third straight month.

The federal judge certified a class-action lawsuit that accuses the retailer of marking up retail prices on sale items.

Michael Jordan will take a trademark dispute with a Chinese sports firm to China's supreme court, lawyers for the basketball star said on Friday, escalating one of several cases accusing local firms of illegally imitating global brands.

The death toll has risen to 72 in a fire that gutted a rubber slipper factory in the Philippine capital of Manila.

The 650 retailers in 10 major cities surveyed said they expected sales growth to continue accelerating in April.

India's biggest online fashion retailer, Myntra, could turn profitable within a year or two as it cuts back on bargains.