More From Reuters
Coty Said to Win Auction for P&G Beauty Assets
The acquisition is expected to take at least two weeks to be finalized.
Boohoo Posts 27% Gain in U.K. Sales
Online fashion retailer credits price investments and higher marketing spend for the gains.
Henkel, Coty Said to Submit Binding Bids for P&G Assets
Procter & Gamble's beauty business is worth up to a total of $12 billion.
Brait’s New Buy New Look Posts Big Profit Rise
British budget clothes retailer New Look posted a big jump in full-year profit on Tuesday.
S.Africa’s Mr Price to Open Stores in Australia this Year
The clothing and homeware retailer also reported a 20.2 percent rise in headline earnings per share.
Amazon Offers Limited Free Shipping on Same-Day Delivery Orders
The retailer said on Thursday it will offer limited free same-day delivery under its Prime shipping service.
China’s Belle Profit Up 8%, New Store Openings to Slow
China's top shoemaker and retailer Belle International Holdings Ltd saw its annual profit rise 8 percent but…
Royal Mail Sees Tough Parcel Market, Focuses on Costs
Intense competition in the parcels market from rivals will leave Britain's Royal Mail reliant on cost…
Copying Alibaba, India E-tailers Woo Small Sellers for Growth
Indian e-commerce firms are offering funding help and tech support to woo small retailers.
Japan Department Store Sales up 14% in April
Business also got a shot in the arm from foreign tourists, with their buying more than tripling year-on-year…
Judge Certifies Class Action Over JC Penney Phantom Discounts
The federal judge certified a class-action lawsuit that accuses the retailer of marking up retail prices on…
Michael Jordan to Take Trademark Case to China’s Highest Court
Michael Jordan will take a trademark dispute with a Chinese sports firm to China's supreme court, lawyers for…
Death Toll from Philippine Factory Fire Rises to 72
The death toll has risen to 72 in a fire that gutted a rubber slipper factory in the Philippine capital of…
Indonesia March Retail Sales Grow 19.3%
The 650 retailers in 10 major cities surveyed said they expected sales growth to continue accelerating in…
India’s Myntra Bets on Own Label, Mobile Shopping in Profit Push
India's biggest online fashion retailer, Myntra, could turn profitable within a year or two as it cuts back…