U.S. luxury retail chain Barneys New York is not considering an imminent restructuring of its business, but is looking into its options as consumers still hold tightly onto their wallets ahead of the upcoming holiday shopping season.
Completing its range of products, Zadig & Voltaire have signed a partnership agreement with Samsung. The fashion label will be redesigning the latest touch-screen phone from Samsung with the new version being called the ‘Player One by Zadig & Voltaire’.
Fewer brands, lower prices and less product are the new reality of the U.S. apparel industry in 2010. While that may seem stark compared to the recent boom years, it's better than the chaos and uncertainty of 2009.
Japan's Fast Retailing, operator of the Uniqlo casual clothing chain, said it wanted to boost annual sales more than seven-fold to $54 billion by 2020 as it seeks acquisitions and expands in overseas markets.