ANALYSISLast year was a record one for retailers in Germany, as according to the national statistical office, the retail sector has marked the biggest gain since 1994. "This marks the biggest gain since the beginning of measurements in 1994", a statement by the Federal Statistical Office read. Germany […]

ANALYSISThe UK’s former high street fashion darling has seen better years. Marks & Spencer (MKS.L) is expected to report another fall in comparable clothing sales in the last quarter – which include key Christmas sales. The factors behind this downwards trend seem to be generally agreed upon: squeezed […]

December 2017 same-store sales including online sales at Uniqlo Japan, part of the Fast Retail Group increased by 18.1 percent year on year while sales at the company’s own stores increased by 15.6 percent. Total sales including online sales increased by 18.1 percent. The company said, same store sales […]

Elie Tahari, Ltd. and Bluestar Alliance, LLC have announced the formation of a new joint venture company, TBH Brand Holdings, LLC. Under this partnership, Elie Tahari has contributed the intellectual property for his Tahari and T Tahari along with related trademarks into the joint venture with Bluestar […]

Macy's has announced that its comparable sales on an owned basis increased 1 percent in the months of November and December 2017 combined, compared to the same period last year. On an owned plus licensed basis, comparable sales increased 1.1 percent during the period under review. The company also announced […]

L Brands reported net sales of 2.516 billion dollars for the five weeks ended December 30, 2017, an increase of 3 percent, compared to net sales of 2.438 billion dollars for the five weeks ended December 31, 2016. Comparable sales increased 1 percent for the period under review. The company reported […]

Oeko-Tex, the international independent textile testing institute, has reviewed their product requirements and published new regulations for 2018 on Tuesday. The changes will affect Detox to Zero, the Eco Passport, the STeP limit value tables, Made in Green, Standard 100 and the Leather Standard and […]

Amazon Prime shipped over five billion items worldwide in 2017 in addition to adding a record breaking number of new members, according to Business of Fashion. This marked the first time that Amazon has discussed their Prime shipment numbers, and they declined to reveal comparable 2016 numbers. During […]

Marks and Spencer has confirmed the sale and franchise of its retail business in Hong Kong and Macau to its “long-established franchise partner” Al-Futtaim. The retailer has been working with Al-Futtaim since 1998 when it opened Dubai’s first Marks and Spencer store and confirmed that the sale was completed […]

The struggling luxury handbag retailer has been saved by the bell: a fellow Australian wealth fund manager has rescued Oroton from the administration, throwing some light into the ailing Australian retail sector. “Importantly the proposal would allow Oroton Group to remain to trade and avoid a break-up […]

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