markets news and archive

SuperGroup takes back control of Superdry products in the US

British fashion company SuperGroup has taken the first steps to strengthen its market position in the US, a move which is part of an overall plan to achieve "sustainable long-term growth." The group has ended its 30 year license given to the SDUSA LLC in 2008, its license partner in the US and taken control it of its Superdry product to expand...

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Retail

Canada cracks down on US price competition

Consumers buying clothing in North America have seen a disparity between the prices in Canada and US, where they are often much more expensive. While they are different markets, the Canadian government is set to unveil legislation to target the retail price gap between its country and the US, giving the domestic competition watchdog new powers,...

Fashion

Russian retail market worth $800bn

Despite its latest election wobbles, the Russian retail market is expected to exceed $800bn in 2013. In 2010, the Russian retail market recovered after the economic slowdown observed during the previous year and increased by 12.9% to RUB 16.5tr ($543.5bn). However, according to market info service company PMR, it predicts that in the next few...