European news and archive

Forever 21 to open 50 European stores in largest expansion to date

Fashion teen retailer Forever 21 has its sights on European market domination, as the retailer revealed plans to open 50 new stores in major cities over the next three years, including France, Germany, Portugal, The Netherlands, Italy, Poland, the Czech Republic and the UK. The fast-fashion retailer aims to open stores between 16,000 and 21,500...

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EU must end shoe import tax

Retailers are urging the European Commission to accept that import taxes which have pushed up the price of shoes from China and Vietnam should finally end. The tariffs were originally imposed in 2006, then extended in 2008 at the request of European manufacturers who claimed Chinese and Vietnamese makers were competing unfairly. The tariffs are...