Zumiez Inc. reported 2.9 percent rise in total net sales for the five-week period ended January 5, 2019 to 164.6 million dollars, compared to 160 million dollars for the five-week period ended December 30, 2017. The company's comparable sales increased 4.9 percent for the period compared to 7.9 percent, […]

International bank HSBC forecasts growth in the luxury sector to slow down from 9 percent in 2018 to 6 percent in 2019. But that isn't necessarily bad news. In a report titled Expecting the Unexpected, shared by email with FashionUnited, the bank said the main reason why it believes the sector is likely […]

Women’s fashion retailer Hobbs reported a turnover of 132.6 million pounds for the 14 months to March 31, 2018 compared to 109.8 million pounds in the 12 months to January 28, 2017 with headline gross margin for the year at 63.3 percent compared to 63.4 percent in the prior year. Meanwhile, it was announced […]

Mothercare Plc, for the 13 week period to January 5, 2019, said UK like-for-like sales declined 11.4 percent, reflecting a combination of the difficult consumer backdrop and the aggressive discounting activity undertaken in the prior year that inflated sales in that period. The company added that online […]

Online women’s fashion brand Sosandar Plc, for the three months ended December 2018 reported revenue of 1.6 million pounds, a 219 percent increase on the same period in 2017 and higher than the company's revenue for the entire prior financial year, driven by a surge in repeat orders and continued new […]

For its third quarter to January 5, 2019, J Sainsbury Plc’s total retail sales were down 0.4 percent with like-for-like sales down 1.1 percent. The company said, general merchandise sales declined by 2.3 percent and clothing sales declined by 0.2 percent during the quarter under review. Commenting on […]

Ted Baker has announced that retail sales increased by 12.2 percent or 10.5 percent in constant currency for the five week period from December 2, 2018 to January 5, 2019, while ecommerce sales increased by 18.7 percent or 17.7 percent in constant currency and represented 25.7 percent of total retail […]

British family footwear retailer Shoe Zone said on Wednesday its revenue for 2018 increased by 1.8 percent. In a preliminary results announcement, the company added that profit before tax increased by 18.4 percent from the same period last year. The company’s sales in 2018 were 160.6 million pounds, […]

JCPenney Company, Inc. has said in a statement that its comparable store sales for the combined nine-week period ending January 5, 2019, decreased 3.5 percent on a shifted basis, while on an un-shifted basis, comparable sales decreased 5.4 percent. JCPenney also said that it will initiate three preliminary […]

Olymp Bezner KG has announced through a statement that the company recorded a 3.1 growth in annual turnover to 266 million euros (305 million dollars) compared to 258 million euros in 2017. The company added that it continues to grow within a very difficult market environment, despite the contrary trend, […]

Related news

MORE NEWS

 

LATEST JOBS

 

MOST READ