Swedish fashion giant Hennes & Mauritz, the world's No.3 clothing retailer, said that it aims to raise its Greater China store count by nearly 30 percent by year end as part of a broader push into Asia.
Tight management of costs and stocks and better than expected summer sales helped two of Europe's top fashion retailers beat first-half profit forecasts, although there was some caution about the trading outlook.
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.
Zara has opened its first boutique in Egypt. The brand, of the Spanish giant Inditex, has installed itself in the Star Centre in Cairo, a shopping centre described as one of the largest in the Middle East with its fiv...