REPORTNovember 2015 same-store sales at Uniqlo Japan, part of the Fast Retailing Group, decreased by 8.9 percent year on year while sales at its own stores decreased by 9.9 percent. The company’s total sales including online sales decreased by 8.1 percent. The company said that same-store sales dipped […]

New York - Alibaba is working on their European strategy. The e-commerce company is opening offices in Munich and Paris. Terry von Bibra will carry the title of Managing Director of Alibaba Group Germany, and Sebastien Badault will carry the same title for France. The idea behind the expansion is to […]

FashionUnited has launched the first of its semi-annual list, Global Top 200 Fashion Companies, highlighting the top players in fashion worldwide. The comprehensive ranking includes the biggest 200 fashion companies by market capitalisation and includes both public and privately held companies. At a […]

REPORTShoe Carnival, for the third quarter ended October 31, 2015 reported net sales of 269.7 million dollars, a 5.9 percent increase, compared to net sales of 254.7 million dollars for the third quarter of fiscal 2014. Comparable store sales increased 6 percent in the third quarter. “We experienced […]

UPDATE Following a five-year period of "significant growth in the UK and expansion into Germany" for British footwear retailer Office, comes a change of ownership as Truworths International acquires a majority stake in the company. The acquisition, which has been previously predicted to close last week, […]

French Connection saw improved performance in the second half of the year as the struggling UK-based fashion retailer said Monday it expects fiscal 2016 results to be in line with market expectations. Sales of its winter collection have also continued to be strong during the period after the promising […]

La Redoute has confirmed its plans to return to balance in 2017, thanks to its current strategy of repositioning its offer around its own brands and ready-to-wear collections. Although the group was still "slightly down" in 2014, "we confirm our objectives of a return to balance in 2017," said Eric […]

Edinburgh Woollen Mill Group, parent group to The Edinburgh Woollen Mill and Peacocks brands, will celebrate strong sales and record profits with the opening of 100 stores in the next two years. The group has recorded strong underlying like-for-like sales across its brands in the year to February 28, […]

The world's top luxury company LVMH has taken a minority stake in Italian jeweller Repossi to help it expand its distribution network, the two parties said Monday. "Given the reality of the market and competition today, I have decided to open up the company's capital and LVMH has taken a minority stake," […]

The four-day shopping spree is expected to leave a record of three billion pounds in sales across the UK, according to analysts at Experian and IMRG. Between Black Friday last week and the close of Cyber Monday, shoppers will have spent more than three billion pounds, research analyst Experian, in conjunction […]

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