Financial

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Updated: US stationery business buys up Kikki K

JC Penney collapses into Chapter 11

Neiman Marcus enters bankruptcy protection, rival set to follow

Burberry management take pay shave as luxury brand keeps staff on payroll

Historic falls in retail sales around the world spell doom for many chains

Bose shutting stores across Australia, North America, Europe, Japan

Estee Lauder buys South Korean label Dr Jart+

Nike sells Hurley to Bluestar Alliance

Forever 21 files for bankruptcy, hundreds of stores to close

Jollibee to buy The Coffee Bean & Tea Leaf for US$350 million

LG buys Avon North America

TPG-led consortium to buy stake in APM Monaco

Sears is opening new stores (yes, you read that right)

Foot Locker boosts capital expansion, citing Asia

Amazon income soars 63 per cent – here’s why

Tiffany reports weaker sales

‘Anemic’ Ralph Lauren results shows more work to be done

Pricey iPhone models drive Apple profit higher

Amazon lifts quarterly income 1025 per cent

US department store operator Sears succumbs to bankruptcy