This week will bring a myriad of corporate releases, being the financial results of British retailer Next and athletic apparel giant Nike the ones arising the largest deal of anticipation. Likewise, Sainsbury’s is expected to report the fifth consecutive quarter of shrinking sales. In London, supermarket […]

British fashion group Joules saw profits rise by 23 percent last year, largely helped by record sales in its bigger markets after the UK: the US and Germany. Besides, having the Duke and Duchess of Cambridge carrying one of their bags recently has added on to its appeal. Joules has 99 stores and also […]

Loss-making retail chain Bhs was sold for a 'nominal sum,' or one pound in a deal completed between Sir Philip Green and investment vehicle firm Retail Acquisitions, according to reports. Although both parties have officially declined to confirm the fee paid for the Bhs, the low price is said to have […]

ANALYSIS Asos Plc, the U.K.’s largest online-only fashion retailer, rose the most in almost five months after reporting second-quarter revenue that beat analysts’ estimates as sales accelerated at home and abroad. Additionally, the online fashion giant got its Australian customers’excitement back by […]

ANALYSISN Brown, parent group to JD Williams, Figleaves and Jacamo brands, has issued its second profit warning in less than six months. The warning comes just after the online retailer cut prices to revive sales. “While we are disappointed by the slower than anticipated progress from a profit perspective, […]

REPORT Wolford generated positive net earnings of 4.5 million euros (4.7 million dollars) in the first nine months of the 2014/15 financial year. Revenues declined slightly by 1.9 percent, but EBIT rose by nearly 5 million euros (5.2 million dollars) from 2.2 million dollars (2.3 million dollars) to […]

REPORT For the fourth quarter of fiscal 2014, Ann Inc reported earnings per diluted share of 0.01 dollar against earnings per diluted share of 0.10 dollar in the fourth quarter of fiscal 2013. For the full year of fiscal 2014, earnings per diluted share were 1.46 dollars on a GAAP basis compared with […]

REPORT Aeropostale reported net sales decrease of 11 percent to 593.8 million dollars, from 670 million dollars in the year ago period. Fourth quarter comparable sales, including the e-commerce channel, decreased 9 percent, compared to a decrease of 15 percent for the corresponding period of the prior […]

REPORT Total net sales at Zumiez for the fourth quarter ended January 31, 2015 increased 14 percent to 258.6 million dollars from 226.8 million dollars in the quarter ended February 1, 2014. Total net sales for fiscal 2014 increased 12 percent to 811.6 million dollars from 724.3 million dollars in fiscal […]

Arvind Lifestyle Brands, which has the franchise rights of British retail chain Debenhams in India, has pulled the shutters of the department stores to work on a new strategy to turn around its business in the country. The plan is to bring down prices and explore third party e-commerce route to establish […]

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