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...
Tag : Retail
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...
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...
PRIMARK TO OPEN A NEW STORE
Primark is soon opening a new store at the shopping complex alongside other brands at Stockton’s Teesside Park including H&M, Next and River Island. If...
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...