Steinhoff International Holdings , now expects to publish its group audited financial statements for 2017 and 2018 by mid-April 2019, as an investigation by auditors PwC has been delayed, the retailer said on Thursday.
As the Christmas shopping season moves into high gear, the latest PwC shopping prediction suggests that spending will hold up reasonably well but consumers will actually be laying out less this year on fashion.
The British government should levy a tax on retailers with online sales accounting for more than 20 percent of revenue to save traditional shopping districts, the boss of Sports Direct told lawmakers on Monday.
Sports Direct International Plc, the sportswear group controlled by billionaire Mike Ashley, said on Wednesday it had paid 8 million pounds ($10.2 million) to buy Evans Cycles after it fell into administration.
The weather gods were kind to Missoni last night, as the house and family celebrated the 65th anniversary of the brand with a memorable show staged on an elevated concourse looking out over Milan’s Fiera City.
Hong Kong’s retail sales grew at a slower pace in July after five straight months of double-digit gains, government data showed on Thursday, with the outlook overshadowed by concern over China-U.S. trade tensions.
Steinhoff’s board will meet over the next two days to discuss asset sales to boost cash flow and pay down debt, its chairwoman said on Wednesday, months after creditors of the South African retailer threw it a lifeline.