Personalised shopping app designed by the UK start-up Mallzee has raised new funding. The investment round has been led by the Royal Mail and consecrates nowadays’ shift at postal deliveries from letters to parcels. Total amount raised was up to 2.5 million pounds. Other new and existing investors include […]

Mothercare has turned into the last big-name at the Irish high street in seeking court protection and examinership. The company explains that its aim is to achieving a restructuring of the company, save as many jobs as possible and minimise store closures. Ireland's largest maternity, baby, nursery […]

REPORT Mothercare, for the 15 week period to July 11, 2015 said that overall trading is in line with expectations with the UK making a good start to the year. UK continued to benefit from strategic initiatives with gains in gross margin, online sales growth of 24 percent and like-for-like sales growth […]

Shareholders in the Yoox Group have given the go-ahead to the proposed merger with the Net-a-Porter Group, which was announced back in March but was pending the shareholders vote. Yoox shareholders approved the appointment of Net-a-Porter’s founders and existing chairman, Natalie Massenet, to the board […]

REPORT Total sales at White Stuff for the fiscal year 2015 increased 13.6 percent to 131.4 million pounds ( and sales on like-for-like basis increased 5.3 percent. Online sales witnessed a jump of 36.5 percent, which now contribute 25 percent to the total sales. International sales grew by 71.6 percent […]

ANALYSISZalando’s revenue keeps growing, although less than expected due to the Europe’s largest e-tailer’s ambitious plans for expansion and their “generous payment terms” to lure shoppers. However, the German online retailer saw its second-quarter sales up by over a 33 percent. Zalando SE (ZAL.XE) […]

ANALYSISHermès shares hit 340 euros apiece during the early operations on Wednesday after the French luxury retailer reported 2.299 billion euros of sales in the first semester 2015, up 21 percent (9 percent before taking into account the effects of currency exchange.) Region wise, organic growth in […]

REPORT The Munich fashion group Ludwig Beck closed the first half-year of 2015 with gross sales of 56.8 million euros (62.1 million dollars) compared to 44.8 million euros (49 million dollars), of which 11.2 million euros (12.2 million dollars) were attributable to the Wormland segment. On a like-for-like […]

REPORT In the second quarter of 2015, the Tom Tailor Group achieved a like-for-like sales increase of 1.9 percent with its two umbrella brands Tom Tailor and Bonita. In the first half-year of 2015, the company increased its like-for-like sales by 2.2 percent. In the second quarter, Tom Tailor brand […]

REPORT Consolidated turnover at Hermes for the first semester was equal to 2, 299 million euros (2,496.7 million dollars), an increase of 21 percent at current exchange rates. Before consideration of the positive currency impact, the growth amounts to 9 percent. In the second quarter, the growth was […]

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