Hot Topic Inc widened its second-quarter loss forecast citing lower-than-expected sales performance till date, and posted a 7.9 percent fall in June sales at stores open at least a year, sending its shares down 5 percent.
Discount fashion retailer Primark said third-quarter like-for-like sales rose above the 5 percent level seen in its first half helped by good weather and the attractions of its low prices in a downturn.
Osisko Mining Corp said it closed an agreement in principle with the Societe generale de financement du Quebec for a financing of C$75 million ($64.65 million) for development of its Malartic project in Quebec.
Nehmatullah Yusefy's burqa sales have dropped 50 percent since the Taliban were toppled in 2001 and he says he will soon need to start stocking other styles of Islamic dress to make up for lost profits.
Louis Vuitton's trading in the American market has been "resilient", whereas the chief executive of fashion group Dior said on Monday 6 July his company was not yet seeing signs of a recovery in the United States.
Mariella Burani Fashion Group has sold its 51% stake in Calgaro, part of the group’s Fashion Jewellery division, to FinHolding, owned by Giuseppe Calgaro and Monica Fin, meaning that Mr Calgaro will now hold 100% of the enterprise.