Japanese apparel firm World has confirmed plans to acquire Narumiya International, a major childrenswear retailer. World first acquired a 10 percent stake in Narumiya in June 2018 and then purchased a…
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Forever 21 prepares to file for bankruptcy
Apparel retailer Forever 21 is considering filing for bankruptcy as efforts to restructure its debt run dry, a person familiar with the situation told CNBC.…
Tata builds Indian Zara
For nearly a decade, Tata Group has been Inditex SA’s partner running Zara stores in India. Now, the country’s largest conglomerate is building its own apparel empire as trend-focused as Zara — …