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...
Tag : Retail
John Lewis Braces for Christmas, Brings in Products Early
John Lewis has launched its Christmas shop four months early after searches for its festive products had skyrocketed. Online searches for Christmas products have already...
NIKE Ropes in Shahi Exports to Operate Stores in Top Markets
Nike Inc has divided its franchisee rights in India into a tier system for different markets whereby it has brought in a subsidiary of apparel...
SNV SHOPPE: THE VALUE RETAIL CHAIN FROM KOLKATA GEARING FOR HUGE SUCCESS
Kolkata-based More Group, Rs 1,000 crore conglomerate, has forayed into retail business for apparels with the launch of ‘SNV Shoppee’, an organised value retail chain...
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...
COACH SEES GOOD SALES
Coach parent company Tapestry has seen its fourth quarter net sales reach $1.62 billion (£1.18 billion), marking a 126% per cent increase. On a 13-week...
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...
Reebok Sold for £1.8bn to Authentic Brands
Authentic Brands Group will acquire Reebok from Adidas for a total consideration of up to £1.78bn. Adidas will share the majority of the cash proceeds...