Inflation hits retail sales globally
Global retailers have significantly trimmed down their profit projections, sighting raw material inflation and removal/reduction of stimulus, dampening the outlook. The Russia-Ukraine war has led...
Tag : sales
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...
Khadi Exceeds Turnover of Rs 1 lakh crore in 2021-22
Khadi and Village Industries Commission (KVIC) has achieved turnover of Rs 1.15 lakh crore which is not achieved by any FMCG company in the country....
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...
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...
Next Opens First Gap Store at Oxford Street
Next that signed a joint venture to manage Gap’s UK and Ireland last year in the wake of the US brand closing its 81 stores...
Mango Reports Strong Sales Via Online
Mango recently reported a turnover of £1.8 billion in 2021, with online sales accounting for 42%. Mango profits rose to their highest level in almost...
Williams Sonoma: To Cash on its Omnichannel Presence
Williams-Sonoma is geared for an image by altering its existing its digital businesses, which already accounts for 70% of its sales. San Francisco-based retailer that...