FORMAL WEAR SALES DOWN POST PANDEMIC
M&S & OTHER BRANDS PULLS SUITS FROM STORES With more work calls and team meetings now taking place from the comfort of home due to...
Tag : sales
The UK’s consumer prices index surged by 3.2% in the 12 months to August
The UK inflation rate has hit 3.2 per cent in August, from 2 per cent in July, the biggest increase since records began in 1997,...
John Lewis to recruit 7,000 temporary staff for Christmas
John Lewis and Waitrose are set to launch a bumper hiring spree, with 7000 temporary Christmas jobs on offer. John Lewis and Waitrose is set...
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...
Shipping containers scarcity & increased Freight Cost haunts exporters
After attaining crisis proportions earlier this year, shipping containers are again in short supply, which is increasing logistics costs for exporters and making businesses uncompetitive....
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...
Page Industries posts Q1 net profit of Rs 11 crore
Apparel manufacturer Page Industries Ltd (PIL) reported a net profit of Rs 11 crore ($1.4 million) for the first quarter ended June 2021, as against...
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...
MORE JOBS AND LESS TAKERS IN THE US
Employers in the U.S. face an interesting challenge ahead – how to fill nearly 10 million job openings with about a million fewer workers than...