Bloomberg Next Plc held its profit forecast and said it can mitigate a tough U.K. clothing market by improving ranges and switching suppliers, reassuring investors worried about the retailer’s price pressures and product challenges. The clothier maintained its forecast that profit will fall this year to between 680 million pounds ($849 million) and 780 million pounds, defying some analyst ...

  Bloomberg Emaar Malls PJSC, the shopping-center unit of Dubai’s largest publicly-traded property developer, bid for online retailer Souq.com in a challenge to an offer made by Amazon.com Inc., according to people familiar with the matter. The retail division of Emaar Properties PJSC, run by Mohamed Alabbar, offered about $800 million for Souq.com last week, which includes a convertible deposit ...

  Bloomberg Sonae SGPS SA, Portugal’s biggest hypermarket and supermarket chain, wants to show that a retailer from a modestly sized market can expand overseas without deploying shopping carts full of cash. The company this month expanded its presence across the Iberian peninsula by combining its sports retail arm with the regional unit of JD Sports Fashion Plc of the ...