REPORTKering posted revenue of 2,895 million euros (3,216 million dollars) in the third quarter of 2015, up 12 percent on the third quarter of 2014 as reported and up 3.1 percent on a comparable group structure and exchange rate basis, in line with the 2015 first-half performance. “In the third quarter, […]

REPORTSkechers USA said that the third quarter 2015 net sales were 856.2 million dollars compared to 674.3 million dollars for the third quarter of 2014. Gross profit was 387 million dollars or 45.2 percent of net sales compared to 304.5 million dollars or 45.2 percent of net sales for the third quarter […]

The past month has been, undoubtedly one of unrest for British retailer Debenhams. Since the end of the summer, the department store operator´s has seen how its biggest investors have joined broker Cenkos in its attempts to unseat the retailer’s top management. By the end of September, Milestone Resources, […]

REPORT Net revenues at Under Armour increased 28 percent for the third quarter ended September 30, 2015 to 1.20 billion dollars compared with net revenues of 938 million dollars in the prior year's period. On a currency neutral basis, net revenues increased 31 percent compared with the prior year's […]

Jack Ma, the founder of Chinese online commerce giant Alibaba, on Wednesday urged small and medium-sized Western companies to take advantage of China's expanding middle-class by entering the country's markets. "In the next 10-20 years, we believe there will be half-a-billion middle class people (in […]

The British government is looking to encourage more high-spending Chinese tourists to visit the UK by introducing a two-year multiple-entry visa, which it claims will bring “significant benefits” to the UK economy. The changes to the visa rules were announced during the state visit of Chinese President […]

REPORTThe Tom Tailor Group reported a like-for-like sales growth of 0.7 percent by the end of September. After the successful first half of the year, the company said that the third quarter was affected by the weak market in the month of August and delayed delivery of goods and the strong performance […]

REPORTMothercare providing update for the 13 week period to October 10, 2015 said that trading remained in line with its full year expectations. The UK business continues to benefit from digital and full price trading strategy while international returned to underlying growth, amid foreign currency […]

REPORTDebenhams announcing its full year results for the 52 weeks to August 29, 2015 said that positive sales momentum continued against background of refocused promotional activity. Group GTV increased by 1.3 percent and group revenue increased by 0.4 percent to 2,322.7 million pounds (3,583.1 million […]

During the second day of the week Showroomprive.com has its books open to prepare for its launch on the stock market, the French flash-sales site has received 30 million euros worth of investment from online retailer Vipshop Holdings Ltd. As the Chinese company said on Tuesday, the investment in Showroomprive.com […]

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