INDITEX’S REVENUE, PROFIT AND CASH GENERATION ALL TIME HIGH
The world’s biggest clothing retailer Inditex has confirmed its recovery from the pandemic by delivering higher sales, profits and cash generation than it recorded prior...
Category : Retail
Sales bounce back at Macy’s & Kohl’s
Macy’s and Kohl’s raised their projections for 2021 after easily beating expectations in the just-ended second quarter. Macy’s expects sales for the year of between...
Nike named world’s most valuable apparel brand
Nike takes top spot in list of world’s most valuable apparel brandsfor the seventh consecutive year in a list of the world’s most valuable apparel...
AMAZON TO OPEN PHYSICAL STORES
Amazon is reportedly planning to open a number of physical department stores across California and Ohio The retail giant’s latest foray into physical retail will...
£1.2m fine on Decathlon
French-owned sporting retailer Decathlon has been fined £1.2m for selling goods without proper safety warnings. Between 2016 and 2019, the French sporting goods chain, which...
H&M To Launch Second Hand Clothing Store in Canada
Swedish retail giant H&M is launching its own second-hand fashion platform in Canada next month. The new platform, called H&M Rewear, is a “one-stop digital...
Frasers Group may take a hit in excess of £100 million due to the Covid-19 lockdown
Frasers Group has said it could take a hit in excess of £100 million due to the Covid-19 lockdown on non-essential retailers lasting until April...
V mart acquires Arvind fashion’s Unlimited
Arvind Lifestyle Brands, a wholly owned subsidiary of Arvind Fashions Limited (AFL), has signed definitive agreements for strategic sale of assets of its Unlimited retail business to V-Mart...
M&S Partners with GO Instore
M&S has announced it has partnered with Go Instore to offer customers enhanced shopping experiences through a new Video Expert Service. Video Expert is a...
This brand plans to add more than 100 fashion brands in next 12 months
John Lewis is set to expand its online fashion offering with the addition of 100 new brands over the next 12 months and also allow...