Year-on-year comparisons across the pandemic landscape can make interesting reading. That’s why UK online retail in 2021 recorded its worst-ever year for growth, but still managed a “rather good” performance.
Outside of the giant Uniqlo operation, two of Fast Retailing's smaller brands seem to be recovering from the worst of the pandemic as they reported rising sales in the latest quarter.
There’s good progress when it comes to expanding, and then there’s Pepco progress. The pan-European variety value retailer said Thursday that store expansion “accelerated” in its first quarter to 31 December.
M&S’s powerful recovery story continued over the Christmas period with the UK retail giant saying Thursday that constant currency sales rose 18.6% year-on-year and 8.9% compared to two years ago.
Japan's Fast Retailing, owner of clothing brand Uniqlo, said on Thursday overseas markets powered profit growth in the first quarter, even as sales declined at home and in China.
Sneaker market StockX is planning an IPO and is already working with Morgan Stanley and Goldman Sachs on the project, a report has claimed.
ASOS faced “challenging market conditions” in the last four months of 2021 yet still managed to post revenue growth, it said on Thursday as it also announced plans to list its shares on London's Main Market.
Brand management and acquisition firm WHP Global has signed a licensing agreement with A. P. Deauville to launch Anne Klein Bath & Body.
OSF Digital has acquired FitForCommerce, which the provider of digital transformation services said will operate as its commerce strategy consulting arm. Terms of the deal were not disclosed.
UK supermarkets giant Sainsbury’s may have enjoyed a bumper Christmas trading for festive food and drink, but there was less cheer when it came to clothing.
Demand for prestige beauty products in the UK continues to rocket and sales leapt 46% year-on-year in the last trading week to Christmas, The NPD Group’s latest figures show. Fragrance was the star gift performer.
Two of the world’s biggest private equity names are teaming up to bid for giant UK health & beauty retailer Boots. Bain Capital and CVC Capital have thrown their hats into the ring.
JD Sports Fashion has enjoyed strong sales since late summer with total revenues for the 22 weeks to January 1 up 10%. It also upgraded its profit forecast for the full year after the good trading in H2 so far.
Some hefty cost-cutting and accelerated investment in digital ensured Shoe Zone’s tough financial year to 2 October was far from a disaster. With stores open just 36 weeks of the year, online came to the rescue.
Re-commerce start-up Responsible has raised €5.8 million to develop its “pioneering embedded finance platform” for the fashion industry. The funding was led by Barclays Sustainable Impact Capital and Techstart Ventures.
