German sportswear giant Adidas is set to implement radical changes to its supply chain by moving production away from its Asian hubs to cut down on lead times and enable more of its product offering to be customised.

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PVH Corp, parent company to Calvin Klein and Tommy Hilfiger, has announced an increase in earnings per share for 2014, following a slight rise in sales and good performance by its two flagship brands.

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After the sale of a stake in the firm was cancelled, Moneysupermarket.com was the largest early trading faller on the FTSE 250.

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Food behemoths Kraft and Heinz are to merge with one another to create the third-largest food and beverage company in the United States.

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Retail News - Strong performance by Hermès as it overtakes Gucci

Luxury accessories label Hermès has soared past competitor Gucci, with a 10 per cent revenue boost in 2014.

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Retail News - San Miu acquired by Dairy Farm

Chinese retailer San Miu Supermarkets was yesterday acquired by Dairy Farm International Holdings, as the retail conglomerate continues to increase its presence in the country.

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Retail News - American Apparel reports encouraging Q4 results

American Apparel has reported encouraging quarterly results that will undoubtedly provide a much-needed sense of relief among its embattled board members.

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A government report states that the number of board seats occupied by women at firms listed on the FTSE 100 has nearly doubled over the past four years.

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Retail News - Tesco shareholders prepare for major court battle over accounting scandal

Tesco shareholders are embarking on a multi-billion pound court case over the £263 million accounting scandal uncovered late last year, it has emerged.

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Retail News - Morrisons chief streamlines management team

Morrisons chief executive David Potts has put a comprehensive overhaul strategy into action, and it's only his second week working at the supermarket chain.

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