MySale has reported an underlying loss in its half-year results but said its revenue is “in line with management expectations" amid the company’s ongoing transformation strategy. The Australian online retailer saw an EBITDA loss of 3.6 million Australian dollars for the six months to 31 December, while […]

For the 16-week period, Associated British Foods plc said trading at Primark has been good in the first quarter with sales 4.5 percent ahead of last year at constant currency and 3 percent at actual exchange rates. The company said in a statement that sales growth was due almost entirely to the increase […]

If there is any rejoicing to be had in the world of retail, Boohoo’s stellar performance would be it. The online retailer has reported a surge in sales and impressive revenue growth across geographic regions and across all brands. Nigel Frith, a senior market analyst at www.asktraders.com said: “Boohoo’s […]

Multi-category online retailer Very.co.uk has announced that the company increased retail sales by 6.1 percent year-on-year in the seven weeks up to and including December 27, 2019, driven by growth across all product categories, with particular strength in fashion and sports, and electrical. The brand […]

Express, Inc. has announced a restructuring of its corporate workforce to align its organization with the company’s go-forward strategy. The company said in a statement that the restructure impacts approximately 10 percent of the positions in the company’s Columbus, Ohio headquarters and its design […]

Omni-channel fashion brand Quiz, for the seven-week period to January 4, 2020 reported 9.3 percent decrease in the group sales. The company said in a statement that while sales across the important Black Friday week remained positive, since that date, however, sales softened relative to expectations.The […]

Opening Ceremony—the American multi-brand retailer known for its curation of unique, downtown style—has been acquired by the Farfetch-owned platform New Guards Group, which is also behind notable streetwear brands Off-White and Palm Angels. Terms of the deal were not disclosed. According to Business […]

Total sales at John Lewis were down 5.8 percent for the week to January 11, 2020, as the company said, customer shopping for bargains slowed, in what was the second week of Clearance, and the mild weather impacted fashion sales. Fashion sales for the week under review were down 1.5 percent but sales […]

Boohoo Group plc reported strong revenue growth of 44 percent across all key geographic regions to 473.7 million pounds (614.8 million dollars) for the four months ended 31 December 2019. The company said in a statement that gross margin for the four months was 53.5 percent, down 70 bps. Boohoo revenue […]

Zumiez Inc. has announced that the company’s comparable sales increased 6.8 percent for the nine-week period ended January 4, 2020 compared to the 4 percent increase recorded in the same period ended January 5, 2019. Based primarily on stronger than expected quarter-to-date sales, the company is increasing […]

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