- Prachi Singh |
For the 26 weeks to November 24, 2019, Joules Group plc said revenue decreased by 1.4 percent to 111.6 million pounds (145 million dollars). The company said in a statement that retail revenue in the period was impacted by the timing of the Black Friday trading period, which fell in H2 in FY20 but in […]
- Prachi Singh |
Hugo Boss Ag, for its fourth quarter reported currency-adjusted group sales increase of 4 percent or 5 percent in reported currency to 825 million euros (915.5 million dollars) on a preliminary basis. Hugo Boss sales, on a preliminary, non-audited basis, reached 2,884 million euros (3,200 million dollars), […]
- Danielle Wightman-Stone |
Jewellery brand Pandora has announced that it is setting up a new digital group to drive digital innovation and deliver seamless customer experiences online and offline, as it continues to push forward with its relaunch. The new dedicated digital group will be based in the jewellery brand’s Copenhagen […]
- Prachi Singh |
Online women’s fashion brand Sosandar PLC, for the three months ended 31 December 2019, said that the company witnessed strong trading performance in autumn continuing into winter with net revenues in each month exceeding 1.2 million pounds (1.5 million dollars). The company added revenue for the period […]
- Kristopher Fraser |
REPL, a retail tech firm that helps companies in all areas from supply chain to customer experience, calls two very different retail markets homes: the US and the UK. REPL has been around for 12 years, and works with every form of retail from fast-fashion brands to department stores and grocery stores. […]
- Prachi Singh |
Gap has announced that the company no longer plans to separate Old Navy into a standalone public company. “The plan to separate was rooted in our commitment to value creation from our portfolio of iconic brands,” said Robert Fisher, Gap Inc. Interim President and CEO in a statement, adding, “While the […]
- Prachi Singh |
For the third quarter to December 31, 2019, Compagnie Financière Richemont SA said sales progressed by 4 percent to 4,156 million euros (4,628.7 million dollars), with growth in all regions except Japan. Sales in Europe grew by 9 percent to 1,263 million euros, benefiting from favourable comparative […]
- Huw Hughes |
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 […]
- Prachi Singh |
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 […]
- Don-Alvin Adegeest |
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 […]