Italian luxury outerwear maker Moncler reported on Thursday a 16 percent rise in first quarter revenue, lifted by sales in Europe, particularly in Britain, France and Germany. Moncler said sales came in at 276.
Missguided said Thursday that it has “once again achieved spectacular growth” with revenues increasing 75% to £206m. And international sales grew even more, up over 130% and accounting for over 40% of the total.
UK retail giant Next's prediction of falling sales for Q1 came true with the company on Thursday reporting turnover at the lower end of its guidance range as a buoyant online unit failed to offset weakness in its stores.
The Australian online retailer continues to be under-pressure with a second class action from shareholders who lost money when its share price was wiped out by a series of profit downgrades and ill-advised acquisitions.