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...
Tag : retailbusiness
UK’s Economic Growth On Fast Track
Fashion retailers seeing a boost of 69.4%. Shop reopenings drive fastest rate of UK economic growth in almost a year. Non-essential retailers drove much of...
H&M PARTNERS WITH JAPANESE BRAND TOGA
H&M has announced collaboration with the Tokyo-based independent luxury label Toga. The collection will comprise reimaginings of Toga’s archival hits for men and women, given...
Richemont: Profits surge Amidst Tough Scenario
The trading environment may have been volatile but luxury giant Richemont still managed to see net profit rising almost 40% in the financial year to...
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...
M&S TO CLOSE STORES AS LOSSES WIDENS
M&S posts £201mn loss after lockdowns affect store sales. Marks & Spencer has announced plans to reduce its store estate after it plunged to a...
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...
A RAY OF HOPE..APPAREL RETAILERS IN THE US ON AN EXPANSION SPREE
LIST OF APPAREL RETAILERS in the US ON AN EXPANSION SPREE… Not all retailers are downsizing their physical assets in the wake of the pandemic....