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Retail CEOs fear rising costs from climate change
The chief executives of H&M, Gap Inc. and five other apparel companies are urging world leaders to agree to a strong climate change deal.
The leaders say they fear global warming will drive up their costs by having a negative impact on cotton production, Reuters reported.
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Report: Apparel up, electronics flat over Black Friday weekend
Apparel specialty retailers experienced a sales pick up over Black Friday weekend, while department-store and electronics revenue was roughly flat, Reuters reported.
Online sales growth was in the double digits over the weekend, beating MasterCard's forecast for about an 8% increase.
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