REPORT For the two months to February 28, 2015, Boohoo.com reported revenue increase of 22 percent. The company experienced strong performance in the Rest of the World. Gross margin was approximately 58 percent and there was a 29 percent rise in active customers over the prior year. The company continued […]

REPORT N Brown Group in its fourth quarter trading statement ending February 28, 2015 said that its sales improved 3.6 percent owing to recovery in trading momentum against the challenging autumn season. Full year sales remained flat year-on-year. Full year percentage gross margin was in line with expectations. […]

REPORT French Group SMCP, made up of three fashion labels - Sandro, Maje, and Claudie Pierlot -, was able to register comparable revenue rise of 1.7 percent on constant exchange rate this fiscal year against 3.8 percent last year. Its brand divisions witnessed 20.5 percent increase in revenue, to 508.6 […]

UK retailers were able to transcend the traditional deceleration of sales in February as retail sales increased on a like-for-like basis from February 2014 0.2 percent compared to the 1 percent dip last year according to the latest data from the BRC-KPMG retail sales monitor. Overall, total retail sales […]

The London Stock Exchange has launched the second edition of its ‘1,000 Companies to Inspire Britain’ report, which identifies the fastest-growing and most dynamic small and medium sized businesses in the UK. The report, which is backed by the three main political parties, lists the UK-based companies […]

The French capital is set to inject 57 million euros into the fashion industry over the next 5 years to give the sector a big boost. The hefty investment was revealed on Friday by mayor Anne Hidalgo, during the opening of the Jeanne Lanvin exhibition at the Palais Galliera. "Because fashion is also […]

REPORT Urban Outfitters has announced net income of 80 million dollars and 232 million dollars for the three months and year ended January 31, 2015, respectively. Earnings per diluted share were 0.60 dollars and 1.68 dollars for the three months and year under review, respectively. Total company net […]

Dame Vivienne Westwood is used to stirring up controversy with her designs and political viewpoints. However now the designer stands accused of being a hypocrite and a tax avoider, after the recent publication of company accounts found that Dame Westwood's main UK business arm is paying 2 million pounds […]

British department store chain Marks & Spencer is set to launch a scheme this week which would allow private shareholders the option to exchange their dividends for discounts. Shareholders will be able to exchange part or all of their dividend payment for credit on an M&S Shareholder card, which can […]

British footwear brand Oliver Sweeney has raised 3.75 million pounds of new investment from the Business Growth fund, as it looks to advance its future growth plans. The Business Growth Fund is a 2.5 billion pound fund, backed by five of the UK’s main banks, which injects capital into smaller companies […]

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