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G-III Apparel to restructure retail segment amid Q1 loss

2020-06-05 14:43:00| Daily apparel & textile news and comment - from just-style.com

Branded apparel and accessories maker G-III Apparel Group is to close all of its Wilsons Leather and GH Bass stores as it restructures its retail operations to try to reduce losses and position the segment as a profitable contributor to the business.

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FCA supports steelworkers amid pension overhaul

2020-06-05 11:15:32| BBC News | Business | UK Edition

Charges which lead to savers switching out of high quality pension plans will be banned from October.

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Norway Oil Firms Slash Investment Plans amid Pandemic

2020-06-04 15:11:20| OGI

The biggest drop will come in the exploration for new reserves and in spending on development plans, while ongoing oilfield construction work continues largely as expected, the data showed.

Tags: plans investment oil firms

 

Global online fashion sales up but spend down amid Covid-19

2020-06-04 13:58:00| Daily apparel & textile news and comment - from just-style.com

Fashion retailers globally are driving nearly 40% more orders online as a result of the coronavirus pandemic, but consumers are cutting back on the amount they are spending, new data shows.

Tags: online sales global fashion

 

US retail stores close amid civil unrest across the country

2020-06-03 15:58:00| Daily apparel & textile news and comment - from just-style.com

Adidas and Target Corp are among a number of retailers in the US to have closed stores or postponed openings in response to the civil unrest taking place across the country over the killing of George Floyd by a white police officer.

Tags: close country stores retail

 

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