For the financial year ending December 31, 2018, Boux Avenue Limited reported fall in turnover as well as operating profit. While revenues dropped from 49.4 million pounds to 47.4 million pounds with 3 percent decrease in like-for-like sales compared to 7 percent increase last year, operating loss widened […]

California-based Incipio Group has signed a global, multi-year licensing agreement with Coach to launch a line of mobile device accessories which will be available on Coach’s website and Coach stores worldwide in the fall of 2019. Coach will design the accessories, which will include smartphone and […]

Debenhams plc, in its trading update for the 6 weeks and the 18 weeks to January 5, 2019 said that against a challenging market backdrop, the group is currently on track to deliver current year profits in line with market expectations, supported by further identified cost savings. Group gross transaction […]

The Fast Retailing Group revenue rose but profit fell in the first quarter of fiscal 2019, or the three months November 30, 2018. Consolidated revenue reached 644.4 billion yen, up 4.4 percent year-on-year and operating profit reached 104.6 billion yen, down 8.1 percent year-on-year. The company said, […]

For its third quarter to December 29, 2018, Marks and Spencer Plc (M&S) reported 4.8 percent decline in UK Clothing & Home sales to 1,103 million pounds (1,407 million dollars) with like-for-like sales down 2.4 percent. International sales were 15.1 percent to 262 million pounds (334 million dollars), […]

John Lewis & Partners said in a statement that the company outperformed the market, with strong trading in fashion, particularly in womenswear and beauty over the seven weeks to January 5, 2019. However the company also warned on lower profit expectation for the year. The company’s Chairman Sir Charlie […]

Tesco Plc has reported like-for-like sales increase of 1.9 percent in the UK & ROI business including Booker in the third quarter and 2.6 percent in the six-week Christmas period. In the core Tesco UK business, the company added, third quarter like-for-like sales increased by 0.7 percent, representing […]

December 2018 same-store sales including online sales at Uniqlo Japan, part of the Fast Retailing Group, increased by 5.2 percent year on year while total sales including online sales also increased by 5.2 percent. The company said in a statement that same-store sales rose year on year in December as […]

Ahead of its full year results announcement on February 27, Van de Velde said in a statement that its the fiscal year 2018, reported turnover decreased 1.8 percent from 209 million euros to 205.2 million euros, while at constant exchange rates, revenues were down by -0.8 percent. Comparable turnover […]

Spanish luxury brand Delpozo, part of the perfumes group Perfumes y Diseño, has terminated 20 employees as a part of its restructuring process. The company initiated several measures last year including moving a part of its production to Italy and appointment of German designer Lutz Huelle as the company’s […]

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