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...
Category : Retail
PVH, Calvin Klein Sees Strong Top-line Growth
PVH Corp. informed that company’s revenues and earnings surpassed expectations for the first quarter, prompting the owner of Calvin Klein and Tommy Hilfiger to reaffirm...
Mango Spends Huge Money to Expand in the US
Mango recently opened a grand store in the US with an investment of around 12 million euros. The new store located in a coveted location...
V2 to Expand Stores in Tier 2 and Tier 3 Cities
With increase in India’s per capita income and demand for quality products Tier ll and Tier lll are becoming the potential markets for retail chains...
Inflation Affects Profits of Abercrombie & Fitch Co
Abercrombie & Fitch Co recently announced its annual forecasts for sales and margins and posted a surprise quarterly loss due to a surge in freight...
Trent Ltd Opens Westside’s 200th store
Tata Group-owned Trent Ltd has strengthened the presence of its leading fashion brand Westside with the opening of its 200th store in the country The...
Old Navy’s Price on lock Initiative
As inflation has hit a record high, with consumer prices rising 8.5% in March many retail chains are increasing the price of apparels. However, Old...
H&M to Close Few Stores
H&M has announced that it will close 240 stores globally in the year ahead. However, it will also open 95 new stores, so the net...
Levis Strauss Profit Soars
The ongoing consumer demand led to Levi Strauss reaffirmed expectations for fiscal 2022, with net revenue forecast to grow 11 to 13% as compared to...
Apparel Retail Sales in the US sees Good Jump
A report released by Wazir Advisors indicate that in the month of March 2022 the apparel store sales in the US reached US$ 17 billion...