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...
Category : Retail
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...
Shree by SHR Lifestyle has opens New Store in New Delhi
Spread across 1,500 sqft in Rajouri Garden, the newly opened store houses the latest collections from the brand. Shree plans to open over 50 stores...
Gucci to Open New Store in Manhattan
Luxury retailer Gucci is opening a new retail store in Manhattan in an area of 10,000-square-foot. The luxury brand has signed a lease to set...
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...
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...