Zara Profits Soared by 193%
Zara’s net profit soared by 193% in the year to January 2022, reaching €3.2 billion as sales almost recovered from the hit taken during the...
Author : PS NewsDesk
Next Opens First Gap Store at Oxford Street
Next that signed a joint venture to manage Gap’s UK and Ireland last year in the wake of the US brand closing its 81 stores...
Mango Reports Strong Sales Via Online
Mango recently reported a turnover of £1.8 billion in 2021, with online sales accounting for 42%. Mango profits rose to their highest level in almost...
Williams Sonoma: To Cash on its Omnichannel Presence
Williams-Sonoma is geared for an image by altering its existing its digital businesses, which already accounts for 70% of its sales. San Francisco-based retailer that...
Birla Cellulose Targets Zero Carbon emissions by 2040
Birla Cellulose, the pulp and fibre business of Grasim Industries Ltd. a flagship company of the Aditya Birla Group, announced its goal to bring down...
Right Time for Investments in Textile Sector
The increasing requirement for technical textiles due to rapid changes in environment along with increase employment and rise in disposal would lead to enhanced investments...
Ted Baker Launches New Marketplace
Ted Baker is launching a new site in collaboration with Big Commerce to increase its sale on online platform. The new marketplace will help Ted...
John Lewis to Invest £90mn for Store Expansion
The online sales of John Lewis has seen a very good growth, however, the company will still continue to operate offline and not close its...
M&S Invests Acquires Active wear Brand
M&S has made a “strategic investment” in online activewear business. The company known as The Sports Edit was a “complementary ecommerce platform well positioned in...
Uniqlo Suspends Operations in Russia
Uniqlo temporarily suspended its operations in Russia following its invasion of Ukraine. Uniqlo has now backtracked on its decision to keep its Russian stores open...