Hudson's Bay Co has won the right to launch trendy British fashion brand Topshop in Canada, both as standalone stores and in its Bay department stores, as the influx of foreign retailers into the Canadian market conti...
Loblaw Cos, Canada's No. 1 grocery chain, said it plans to open a Joe Fresh apparel store on New York's Fifth Avenue this autumn at a time when U.S. retailers have been looking north of the border for expansion.
Gold touched a four-week high on Friday, extending gains from the previous day as investors bought the precious metal and shied away from riskier assets on concern about the health of the global economy.
Tesco Plc, the world's No.4 retailer, said the global economic recovery was taking hold and saw little risk of a dip back into recession in its main British market despite a slowdown in recent sales growth.
Fresh from a makeover, luxury leather goods and clothing label Bally is out to woo fashionable Asians, but not at the expense of European and American customers who have been harder hit by the downturn.