When did the general public fall out of love with Marks & Spencer? Once known for both its outstanding fashion and food offering, the British department store once prestigious image seems to losing its shine. For years now, UK’s beloved high street department store group has been working against the […]

REPORTHugo Boss has said that its sales development was marked by high levels of volatility in the third quarter of 2015 from July to September. While performance in Europe remained strong, momentum in Asia and the Americas deteriorated considerably towards the end of the period. The company has blamed […]

REPORTThe H&M group’s sales including VAT increased by 11 percent in local currencies in September 2015 compared to the same month last year. The company operated 3,733 stores on September 30, 2015 compared to 3,338 on September 30, 2014. The group has expansion plans in store with approximately 400 […]

REPORTIn the first half, Burberry generated revenue of 1,105 million pounds (1,710 million dollars), including 2 percent underlying growth in retail revenue. In the second quarter, the company said that the demand from luxury consumers, particularly Chinese customers, was affected by a more challenging […]

Nike provided an overview of its progress on key strategic initiatives to achieve sustainable, profitable long-term growth. During an investor meeting at its world headquarters near Beaverton, the company announced a revenue target of 50 billion dollars by the end of fiscal year 2020. Additionally the […]

REPORTNet revenues at Levi Strauss & Co for the third quarter ended August 30, 2015 declined one percent on a reported basis but grew seven percent on a constant-currency basis. The company said that a seven percent increase in sales was due to product introductions in the Americas including the Levi's […]

REPORTLVMH Moët Hennessy Louis Vuitton, reported an 18 percent increase in revenue, reaching 25.3 billion euros (28.7 billion dollars), for the first nine months of 2015. Organic revenue grew 6 percent compared to the same period in 2014. The Group recorded strong growth in Europe and the United States, […]

ANALYSISWhat has been named by many as a chronicle of a death foretold, has finally turned into a reality for American Apparel. After months of speculation, internal wars, financial struggles and heaps of polemic, the apparel retailer has called it a day. Now, the fashion business looks beyond the bankruptcy […]

REPORTNet sales at Gap for the five-week period ended October 3, 2015 decreased 1 percent to 1.46 billion dollars compared with net sales of 1.48 billion dollars for the five-week period ended October 4, 2014. On a constant currency basis, September 2015 net sales increased 2 percent compared with last […]

REPORTBritish designer Stella McCartney aims to add new retail locations to the existing store portfolio. The move comes after the company reported 11 percent rise in sales to 31.6 million pounds (48.2 million dollars) and increase in profit before tax to 5.6 million pounds (8.5 million dollars) for […]

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