Mothercare forecasts profit despite 40% sales drop
Mothercare has predicted that it will see a profit this year despite a 40% drop in sales. The maternity care retailer reported a “small” EBITDA...
Tag : Retail
Inditex launches AR game for Pull & Bear girls collection
Spanish apparel giant Inditex, which owns Zara, Zara Home, Massimo Dutti, Bershka, and Pull & Bear, has ventured into the world of gaming via its...
Superdry Reports Growth in Q4
Superdry returned to growth in Q4 even though it reported a 21% drop in full-year revenue as Covid-19 continued to impact the business. The British...
JD Sports acquires retailer Oi Polloi
UK sportswear giant JD Sports is reportedly continuing its acquisition spree with acquisition of Manchester-based menswear boutique Oi Polloi. JD Sports bought the Northern Quarter...
Raymond Ltd Sees Decline in Q4 Results
Raymond Ltd witnessed a 15% decline in consolidated net profit at Rs 58 crore ($7.9 million) for the fourth quarter ended March 2021, as against...
END OF AN ERA AS Debenhams confirms closing date of final 49 stores
Debenhams has confirmed its remaining 49 stores will permanently close on either May 12 or 15. It comes after the retailer temporarily reopened its stores...
Brooks Brothers and Fila collaborate on tennis, street wear collection
US clothing label Brooks Brothers and sportswear brand Fila have launched a limited-edition collection that includes apparel, footwear and accessories for both men and women....
Authentic Brands Group and SPARC to Buy Outdoor Brand Eddie Bauer
Authentic Brands Group (ABG) and SPARC Group have signed a definitive agreement to purchase Eddie Bauer, the American outdoor brand, from PSEB Group, an operating...
Adidas’ sale of Reebok a billion dollars Deal??
As Adidas’ sale of Reebok enters its operational phase, the German sportswear giant could net just one billion dollars according to some estimates. That is...
Adidas reports profit in Q1
The company’s gross margin increased 2.1 pp to 51.8 percent. The company’s operating profit grew to a level of 704 million euros and with an...