Latest Retail News – 30/4/2017
1. Shaver Shop raises guidance and shares soar.
2. Kogan upgrades earnings forecast again.
3. Institutional investors purchase luxury shopping precinct St.Collins Lane in Collins St. Melbourne.
4. Debenhams considers leaving “non-core” international markets as profit drops.
5. Italian luxury group Furla buys back its Australian distribution network.
6. French luxury empire LVMH buys Dior fashion group.
7. British luxury fashion retailer, Jimmy Choo, seeks buyer.
8. Gloria Jean closes its last store in Vietnam.
9. Coca-Cola confirms 20% drop in profit.
10. McDonalds reports 4% rise in global sales for first quarter.