Shoppers Save Time, Money With Customisation

Shoppers in a traditional brick-and-mortar store | Source: Reuters

NEW YORK, United States — Technology may finally be solving the thorny problem of buying clothing online - that you cannot try things on. Through scanners and data mining, consumers are now able to get a custom fit, saving them time and money because they do not have to order multiple items and return what doesn't fit.

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Marks & Spencer Clothes Sales Drop Again as Gains Elude Bolland

Marks & Spencer's ladies campaign | Source: Marks & Spencer

LONDON, United Kingdom — Marks & Spencer Group Plc, the U.K.’s largest clothing retailer, reported a 12th straight quarterly drop in non-food sales as Chief Executive Officer Marc Bolland struggles to turn around the company’s fortunes.

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Ousted American Apparel CEO Hands Over Stake to Hedge Fund

Outside an American Apparel store | Source: Reuters

NEW YORK, United States — Ousted American Apparel Inc. Chief Executive Officer Dov Charney has handed over his entire stake and voting rights in the struggling retailer to Standard General LP, enabling the fund to negotiate directly with the independent directors over the company's future, two sources close to the matter said on Wednesday.

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