Bloomberg

China to Cut Import Duties on Swiss Watches in Free Trade Pact
BEIJING, China — China agreed to cut import tariffs on Swiss watches by 60 percent in 10 years as the two nations seek to expand trade, a move that

China to Cut Import Duties on Swiss Watches in Free Trade Pact
BEIJING, China — China agreed to cut import tariffs on Swiss watches by 60 percent in 10 years as the two nations seek to expand trade, a move that

Fast Retailing Hasn’t Decided to Join Bangladesh Safety Pact
TOKYO, Japan — Fast Retailing Co., Asia's largest clothing retailer, hasn't decided if it will join a safety pact to improve fire and building safety

Fast Retailing Hasn’t Decided to Join Bangladesh Safety Pact
TOKYO, Japan — Fast Retailing Co., Asia's largest clothing retailer, hasn't decided if it will join a safety pact to improve fire and building safety

Gap Falls After Forecasting Profit Less Than Analysts Estimate
SAN FRANCISCO, United States — Gap Inc. fell as much as 5 percent in late trading after the retailer forecast annual profit that was less than

Gap Falls After Forecasting Profit Less Than Analysts Estimate
SAN FRANCISCO, United States — Gap Inc. fell as much as 5 percent in late trading after the retailer forecast annual profit that was less than

Rue21 Agrees to Be Acquired by Apax in $1.1 Billion Deal
WARRENDALE, United States — Rue21 Inc., the operator of more than 900 teen apparel shops, agreed to be bought by private-equity firm Apax Partners in

Rue21 Agrees to Be Acquired by Apax in $1.1 Billion Deal
WARRENDALE, United States — Rue21 Inc., the operator of more than 900 teen apparel shops, agreed to be bought by private-equity firm Apax Partners in

KKR Said to Weigh Investment in Saks, May Push for Merger
NEW YORK, United States — KKR & Co. is weighing whether to make an investment in Saks Inc. and may push the luxury retailer to pursue a combination

KKR Said to Weigh Investment in Saks, May Push for Merger
NEW YORK, United States — KKR & Co. is weighing whether to make an investment in Saks Inc. and may push the luxury retailer to pursue a combination

EBay Targets $195 Billion Emerging Market With Global Push
SAN JOSE, United States — EBay Inc., owner of the biggest Internet marketplace, is boosting staff in its emerging-markets group by 50 percent this

EBay Targets $195 Billion Emerging Market With Global Push
SAN JOSE, United States — EBay Inc., owner of the biggest Internet marketplace, is boosting staff in its emerging-markets group by 50 percent this

H&M Says Garments Made in Cambodian Factory Without Approval
STOCKHOLM, Sweden — Hennes & Mauritz AB, Europe's second-biggest clothing retailer, said some H&M garments were produced without its knowledge or

H&M Says Garments Made in Cambodian Factory Without Approval
STOCKHOLM, Sweden — Hennes & Mauritz AB, Europe's second-biggest clothing retailer, said some H&M garments were produced without its knowledge or

Saks Surges After New York Post Reports It’s Considering Sale
NEW YORK, United States — Saks Inc. surged in late trading after the New York Post reported the department-store chain hired Goldman Sachs Group Inc.

Saks Surges After New York Post Reports It’s Considering Sale
NEW YORK, United States — Saks Inc. surged in late trading after the New York Post reported the department-store chain hired Goldman Sachs Group Inc.

Is Fashion Just an Accessory at Richemont?
ZURICH, Switzerland — For luxury-goods maker Richemont, clothing and bags are going out of fashion. While Richemont last week reported a 30 percent

Is Fashion Just an Accessory at Richemont?
ZURICH, Switzerland — For luxury-goods maker Richemont, clothing and bags are going out of fashion. While Richemont last week reported a 30 percent

M&S Reports Second Year of Profit Decline on Fashion-Line Woes
LONDON, United Kingdom — Marks & Spencer Group Plc, the U.K.'s largest clothing retailer, said annual profit fell 5.8 percent as consumers spent less

M&S Reports Second Year of Profit Decline on Fashion-Line Woes
LONDON, United Kingdom — Marks & Spencer Group Plc, the U.K.'s largest clothing retailer, said annual profit fell 5.8 percent as consumers spent less