For its first quarter, New Look Retail Holdings Limited said that the company managed to reduce statutory loss before tax by 12.8 million pounds (15.8 million dollars) to 2.7 million pounds (3.3 million dollars) following restructuring compared to loss of 15.5 million pounds in the same quarter last […]

Inditex Group net sales increased by 7 percent in the first half of 2019 to 12.82 billion euros (14.15 billion dollars) for the first time. In local currencies, the company said, sales growth was 7 percent, while like-for-like sales grew by 5 percent, underpinned by growth across all brands and regions, […]

Total sales for the week to September 7, 2019 were down 5.5 percent at John Lewis on the same week last year. The company said in a statement that fashion sales were down 4.9 percent, due to the annualising of the launch of John Lewis & Partners womenswear collection. The company added that beauty, […]

Multi-channel ecommerce platform Shopify Inc. has reached an agreement to acquire 6 River Systems, Inc., provider of collaborative warehouse fulfilment solutions. The company announced through a statement that under the terms of the agreement, Shopify will acquire all of 6 River Systems’ outstanding […]

The Oasis and Warehouse Group has acquired The Idle Man, a British online menswear fashion brand, for an undisclosed sum, marking the company’s entry into menswear. The company said that The Idle Man was launched in 2014, by Oliver Tezcan, a former Asos.com menswear buyer. He will continue to manage […]

The traditional clothing and wider retail industry have undergone major changes in recent years. The way in which consumers shop, including everything that comes with it, has become extremely complex. The structure of the changing seasons used to be relatively simple, whereas many fashion brands are […]

Total revenue at JD Sports Fashion plc increased by 47.4 percent in the first half period to 2,721.2 million pounds (3,360.7 million dollars) including 725.2 million pounds of revenue from Finish Line and JD in the United States. The company said, like for like store sales across its global group fascias, […]

Unibail-Rodamco-Westfield (URW) has announced the appointment of Scott Parsons as Regional Managing Director, UK and Italy. The company said, Scott will take up the position on November 13, reporting to Michel Dessolain, Chief Operating Officer Europe of URW. Commenting on Parsons appointment, Dessolain, […]

Increased retail space fuelled Primark’s growth last year as the company’s value fashion proposition resonates beyond the UK in markets including Europe and the U.S. The weak pound is proving a positive gain as two thirds of the revenue is generated outside of the UK. Steve Miley, Senior Market Analyst […]

With London Fashion Week (LFW) fast approaching, apparel and footwear retailers can be sure of one thing – fashionistas will be in a frenzy to update their wardrobes this September. Interest in the latest looks and style innovations revealed at the iconic show generates excellent opportunities for retailers […]

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