REPORT Debenhams, announcing its half year results for the 26 weeks to February 28, 2015 said that the group like-for-like sales increased 1.3 percent. While the gross margin rate was maintained, profit before tax went up 4.3 percent at 88.9 million pounds (131.7 million dollars). Refocusing on promotional […]

REPORT The Tom Tailor Group managed to increase its group-wide retail sales by 2.9 percent to 131.3 million euros (140.2 million dollars) in the first quarter of 2015. Company has said that Bonita significantly contributed to this development along with robust e-commerce demand for Tom Tailor brand […]

REPORT The H&M Group’s sales including VAT increased by 10 percent in local currencies in March 2015, compared to the same month the previous year. The total number of stores amounted to 3,580 on March 31, 2015 against 3,216 on March 31, 2014. Percentage sales development for the month of April will […]

REPORT JD Sports Fashion, announcing its preliminary results for the 52 weeks ended January 31, 2015 said that total revenue increased by 25 percent to 1,522.3 million pounds (2,248.4 million dollars). Like for like sales for the 52 week period across all continuing group fascias, including those in […]

REPORT Burberry has reported a revenue of 1.4 billion pounds (2 billion dollars), up 9 percent underlying, with double-digit growth in Americas and EMEIA and strong demand for core heritage trench coats and scarves. Retail sales in the second half grew by 13 percent underlying, up 14 percent at reported […]

ANALYSISWorld largest luxury group, LVMH, has posted a 3 percent rise in like-for-like sales for the first quarter, boosted by a weak euro against an ever stronger dollar and what it called an “excellent start to the year” at Louis Vuitton. However, this positivism was not shared by the market, as the […]

Italian luxury wear brand Ermenegildo Zegna saw a slowdown in growth over 2014 as its net profit for the last year fell to 71 million euros, suffering a 28.1 percent dip on a year-on-year basis. According to the company, many were the reasons behind this setback ranging from an impact of taxation and […]

REPORT LVMH Moët Hennessy Louis Vuitton, recorded a 16 percent increase in first quarter 2015 revenue to 8.3 billion euros (8.7 billion dollars). Organic revenue growth was 3 percent compared to the same period in 2014. The Group witnessed positive momentum in Europe and the United States. The fashion […]

REPORT Laura Ashley Holdings, for the 53 weeks to January 31, 2015, increased profit before taxation by 14.6 percent to 23.5 million pounds (34.4 million dollars). Total group sales went up 3.1 percent to 303.6 million pounds (444.3 million dollars)and retail like-for-like sales increased 1.3 percent. […]

Tempe, the Spanish shoe manufacturer that produces all the footwear lines for the eight brands of Inditex group, has closed 2014 with a record turnover of 963 million euros. As stated in the annual report that Inditex presented to the Spanish market regulator (Comisión Nacional del Mercado de Valores […]

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