Multi-category online retailer 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 […]

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 […]

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 […]

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 […]

The average woman in the UK is plus size (UK 16/EU 44), but she is woefully underserved. Forecast to account for 22 percent of the UK clothing market in 2022, the plus-size market is growing at a significantly faster rate than the rest of the fashion market. It is forecast to grow at a pace of 5-6 percent […]

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 […]

Crocs, Inc. raising its revenue guidance for the fourth quarter ended December 31, 2019 said, it now expects revenue to be between 260 and 262 million dollars, up from its previous guidance range of 245 to 255 million dollars and compared to 216 million dollars in the fourth quarter of 2018. With respect […]

American Eagle Outfitters, Inc. has announced that fourth quarter comparable sales to date are approximately flat, following a 6 percent comp increase last year. The company reaffirms its previously issued fourth quarter EPS guidance in the range of 34 cents to 36 cents per diluted share. “Despite some […]

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