British shopping centre operator Intu has confirmed it is seeking a cash injection as it “continues to make progress in its strategy to fix the balance sheet.” The business, which owns Manchester’s Trafford Centre and Lakeside in Essex, said the equity raise would come alongside its full-year results […]

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 […]

British smart casual lifestyle brand Crew Clothing Company has reported an increase of 12 percent in total store and online sales over the Christmas period, defying high street trends. In the eight weeks to January 5, 2020, Crew Clothing recorded an 18 percent uplift in online sales when compared with […]

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 […]

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. […]

The company said on Friday its Q3 net profit dropped. Revenues surged by 6 percent from the same period last year. For Q3, the company's net profit was 0 million euros, decreased from 0 million euros last year. Revenues surged to 4,156 million euros. Richemont is a Switzerland-based luxury goods holding […]

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 […]

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 […]

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 […]

Moss Bros has reported a drop in sales for the first half of the year and now expects to make a full-year loss, though it said it has made “good progress” with its business transformation strategy. Total sales at the British men's tailoring specialist for the 24 week period to 11 January were down 3 […]

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