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John Lewis posts 8% sales rise Friday, 24th May 2013
John Lewis announced an 8.8 per cent year-on-year sales increase for the week today after improving weather and a successful price matching initiative increased sales both stores and online.
Posted in Department Stores, Electricals, fashion, Home & DIY News Tagged John Lewis, Maggie Porteous, department stores, home & design, electricals, womenswear, menswear, fashion, retail industry
Blumarine opens 2 new stores in China Friday, 24th May 2013
Blumarine introduced its two new stories in China.
Posted in fashion, Fashion News, Luxury Goods, Online retail, Retail Industry Tagged stores, luxury, Blumarine
Stella McCartney opens a boutique store in Beijing Friday, 24th May 2013
Stella McCartney opened its second store in Beijing at Parkview Green Mall which is China’s first platinum LEED certified development.
Posted in fashion, Fashion News, Luxury Goods, Online retail, Retail Industry Tagged clothing, womenswear, fashion industry, retailers, brand, Stella McCartney
Ralph Lauren forecasts revenues to rise as 4Q revenue boost Friday, 24th May 2013
Ralph Lauren Corp reported on Thursday that its fourth quarter net revenue, including licensing revenue rose to 1.3 per cent to USD 1.64 billion in March.
Posted in fashion, Fashion News, Luxury Goods, Online retail, Retail Industry Tagged clothing, ralph lauren, retailers, finance, sales, retail news, store
Gap reports Q1 profit upturn Friday, 24th May 2013
Gap has reported an increase in first quarter profit, aided by a same store sales boost at its Old Navy and namesake chain.
Posted in fashion, Fashion News Tagged Gap, Old Navy, Banana Republic, fashion, fashion news
Booker's profit jump from horse meat scandal Friday, 24th May 2013
Booker's profits rose by 13 per cent to £101 million, in sales it went up to £3.5 billion and £4 billion last year.
Posted in Deals and Takeovers, Food, Retail Industry, Supermarket News, Supermarkets, supply chain Tagged wholesalers, wholesale industry, food industry, Booker, finance, sales
KKR planning to invest in Saks Thursday, 23rd May 2013
The Private-equity firm is aiming towards merging the New York based luxury department store with its rival Neiman Marcus Group Inc.
Posted in Deals and Takeovers, Department Stores, fashion, Fashion News, Footwear, Jewellry, Luxury Goods, Online retail, Retail Industry Tagged merger, investment, finance, retailers, Saks
House of Frasers sales rise by 53% Thursday, 23rd May 2013
House of Fraser reached a 3.3 per cent increase in sales due to online performance which pushed the sales to total of £1.2 billion in turnover.
Posted in Deals and Takeovers, E-Commerce, fashion, Fashion News, Online retail, Retail Industry Tagged investment, finance, sales, profit
Halfords shares tumble as annual profits slide Thursday, 23rd May 2013
Shares in Halfords have fallen after the bicycle retailer posted a significant drop in annual profits.
Posted in Sporting Goods Tagged Halfords, Sporting Goods, bicycles, cars, Matt Davies, General Merchandise
Morrisons shares fall Thursday, 23rd May 2013
Morrisons shares fell 3 per cent after Walter Scott sold its stake.
Posted in Deals and Takeovers, Food, Online retail, Retail Industry, Supermarket News, Supermarkets, supply chain Tagged Morrisons, Investment, shares, sales, finance, marketing, market share
