It may only have been a 0.7% rise but an uplift in Japanese department store comparable sales during April was welcome nonetheless. It was the first increase in 14 months but came alongside a dip in clothing sales.
While some chains struggle in the Australian market, Inditex’s Zara is committed to the country and is seeing its operations growing but profit has fallen. The chain saw higher sales last year as it opened new stores.
Zalando, Europe's biggest pure online fashion retailer, said on Wednesday it would open its new Nordic distribution hub in Brunna, near Stockholm, with the aim to speed up delivery across the Nordic region.
Dubai's Emaar Malls will buy a 51 percent stake in e-commerce fashion website Namshi from Germany's Rocket Internet for $151 million (£116.5 million) as competition for technology deals heats up in the Middle East.