H&M said its financial position “remains strong” despite the losses The fashion retailer saw profit collapse by 88.2 per cent during the year to November...
Focus on men’s, women’ and kid’swear. The Lee x H&M collection focuses on sustainability in its design, looking at every stage of the denim production...
Sainsbury’s has witnessed a “strong Christmas” after an increase in like-for-like sales with more customers than ever placing online orders for the festive season. Sales...
Vandewiele has reached an agreement for the acquisition of 100% of Savio Group, that has several textile machine companies under its umbrella. Charles Beauduin, CEO...
Bluecore’s 2020 Black Friday Report reveals that an average of 59% of retailers’ Black Friday sales were from first-time buyers. Consumers spent an estimated $9...
NRF (NATIONAL RETAIL FEDERATION) SAID that people spent an average of just under $312 on holiday related purchases from Thanksgiving to Cyber Monday, down 14%...
LONDON’S “TOUGHEST CHRISTMAS” SINCE WORLD WAR II Boris Johnson shuts down London as Europe death toll hits 500,000 Millions of people in England and Italy...
Second lockdown impacts sales The latest figures from The Office for National Statistics found retail sales volumes fell 3.8 per cent in November compared to...
Sees Good Demand for Workout Apparels, Women’s wear Lululemon reported third-quarter sales of $1.1 billion, up 22% from a year ago, beating analysts’ estimates as...