Beleaguered apparel retailer and wholesaler American Apparel has announced net sales of USD 155.87 million, down five per cent on the same period last year.
Fashion group French Connection this week reported an 11 per cent rise in like-for-like retail sales, sending its shares sky-high.
Uniqlo parent Fast Retailing Co Ltd has reportedly pulled out of talks regarding a takeover of US fashion and lifestyle retailer J.Crew Group Inc.
Argos and Homebase owner Home Retail Group on Thursday said it now expects its benchmark profit before tax to come in ahead of expectations.
New report finds the North-west the worst struck for empty stores, despite an overall improvement for vacancy rates.
John Lewis has revealed that nearly half of all its customers are men – the highest proportion in its 84-year history. “Men now account for 44 per cent of customers and we are seeing them as more assertive in their shopping habits and taking more care in their appearance and clothes than ever before,” said John Lewis managing director Andy Street.
PVH Corp. on Wednesday revealed it made a loss in second quarter trading following the acquisition of the Warnaco Group in February this year. The Tommy Hilfiger, Calvin Klein and Speedo owner fell into a second-quarter loss of USD 16 million after the Warnaco deal offset a rise in sales.
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