REPORT For the 52 weeks to March 28, 2015, New Look reported revenues of over 3.4 percent at 1,414.5 million pounds (2,155.1 million dollars). New Look brand like-for-like sales increased over 4 percent, whereas like-for-like sales in UK were up over 5 percent. The company’s E-commerce sales rose 34 […]

REPORT Uniqlo Japan, part of the Fast retailing Group reported same-store sales increase of 12.3 percent year on year in May 2015, while sales at its directly-run stores increased by 12.2 percent. Total sales including online sales increased by 12.8 percent. Same-store sales increased year on year in […]

REPORT Revenue increased 3 percent on a constant currency basis and decreased 4 percent on a GAAP basis in the first quarter at PVH Corp, compared to the prior year’s first quarter revenue of 1.96 billion dollars. Earnings per share for the quarter were 1.50 dollars on a non-GAAP basis, including 0.27 […]

KKR & Co and Dubai-based Fajr Capital are reportedly close to buying a 25 percent stake in fashion retailer Azadea Group. According to three sources aware of the matter quoted by Reuters, "The deal isn't done but it's getting closer.” This would be the US private equity firm's first Middle Eastern investment. […]

Wittington Investments, the holding company for The Weston Group and the Selfridges Group, has acquired Dublin department store Arnotts in a deal estimated to be worth over 70 million pounds. The Weston Group, which owns department stores such as Selfridges in the UK, Brown Thomas in Ireland and de […]

REPORT For the fiscal year 2014, Giorgio Armani reported that earnings before interest, taxes, depreciation increased 5.7 percent to 507 million euros (553.9 million dollars) or about 674.3 million euros (736.2 million dollars) at current exchange rate from 479.8 million euros (524.1 million dollars), […]

Iconic department store Liberty may go public in as little as three years, as owners private equity firm BlueGem are said to be eyeing a potential listing. BlueGem, which first acquired the 140 year old department store in 2010 for 32 million pounds, has spent the past five years heavily investing in […]

AS Adventure Group, the company that owns the Cotswold stores, has snapped up a rival outdoor specialist retailer Snow & Rock from LGV Capital. The acquisition will help AS Adventure to extend access to growth categories of snow, cycling and running, and in a statement the group said that Snow & Rock […]

ANALYSISThe second-largest maker of luxury goods has forecast profitability to drop this year as the surge in the Swiss franc increases the cost to produce timepieces by some of Richemont group’s most popular brands. Now, the Swiss group expects gross margin to come in at about 65 percent in the 12 […]

ANALYSISMoss Bros [IRDX RMOS] today has kicked off fiscal year 2015 boosted by a steady 65 percent increase in online sales. The retailer explains this sky-rocketing rise in online sales with the continued development of its retail and hire websites. In a trading update, the British formalwear retailer […]

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