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Foot Locker first retailer to join European sports group

2014-10-29 13:29:00| Daily apparel & textile news and comment - from just-style.com

Foot Locker Europe has been confirmed as the first retailer to join the Federation of the European Sporting Goods Industry (FESI), with the firm's CEO Lew Kimble to serve on the board.

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US: largest auto retailer stops selling Takata-equipped cars

2014-10-29 12:41:56| Auto Dealers - Topix.net

AutoNation Inc, the biggest US auto retail group has decided to cease sales of cars that have been equipped with Takata-produced airbags, following NHTSA's notice that almost 8 million cars represent a safety hazard for the driver and passengers. The Japanese auto safety parts producer Takata has been involved in the second-largest recall scandal of the year - as airbags built by the company have been involved in a huge global recall that involves more than 16 million units from various brands.

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Retailer Next cuts profit forecast

2014-10-29 10:05:26| BBC News | Business | UK Edition

Retailer Next cuts its forecast for 2014 profits after a mild autumn reduces demand for winter clothing.

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Why This Footwear Retailer Might Help Your Portfolio Grow

2014-10-29 03:56:33| Footwear - Topix.net

The weakness in consumer spending in the U.S. has been the reason for many retailers to register a weak quarter. People are unwilling to spend and are trying to save every penny earned.

Tags: your grow portfolio retailer

 

Japan's SoftBank buys $627 million stake in Indian online retailer Snapdeal

2014-10-28 07:58:53| Telecom - Topix.net

Japanese telecom and media group SoftBank Corp has agreed to buy a $627 million stake in Indian online retailer Snapdeal, seeking to tap into potentially huge e-commerce growth in the market with the world's third-biggest Internet user base. Highlighting India as a new priority in its aggressive expansion, SoftBank said on Tuesday it's also leading a $210 million round of investment in an Indian logistics business in a separate deal.

Tags: online million indian buys

 

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