New Look to close 6 UK stores
The high-street fashion retailer New Look is closing stores in Birmingham, Coventry, Trowbridge, Kirkcaldy, Walthamstow, and Northampton. As part of the normal course of business,...
Category : Retail
Aditya Birla Group to bring French luxury department stores Galeries Lafayette to India
The first two Galeries Lafayette stores will open at Fort in Mumbai and DLF Emporio in Delhi, respectively. Each of the stores will bring more...
PDS acquires 51% stake in DBS Lifestyle
PDS Limited the global fashion infrastructure company acquired a 51% stake in Delhi-based end-to-end design solutions company, DBS Lifestyle. As part of this transaction, PDS...
Stores to Close During Queen’s Funeral
John Lewis, Harrods and Waitrose have announced that they will be closed on the day of the Queen’s funeral. A spokesperson from Next said: “In...
Inflation Fails to Dampen Sales of Inditex
Zara’s owner Inditex first-half sales and profits hit historic highs, both surging 24.5%. With group sales up to 11% in constant currency from August to...
H&M Home has created a new furniture range for children
H&M Home has revealed its new furniture collection just for children will be available to purchase. The retailer’s new range includes a table with smart...
Babywear brand Again in Profits
Mothercare has finally managed to come out of losses this year and has posted profits once again. The babywear brand had shut many stores in...
John Lewis Launches a New partnership
John Lewis has launched a capsule collection of baby and children wear which are available to rent from kids’ wear rental platform, The little loop....
Inditex’s Q1 net profit soared 80% to €760 million
The fast fashion retailer is seeing good growth as its sales beat pre-pandemic levels, hitting €6.7 billion for a rise of 36% year-on-year. The group...
Lululemon In Profits
Lululemon Athletica predicts a strong demand for athleisure and said the impact from Covid-19-related lockdowns in China was modest and more than offset by strength...