Articles tagged report

Retail News - John Lewis’ Andy Street voted UK’s “most admired boss” for 2014

Andy Street, managing director of John Lewis, has been voted Britain’s most admired leader in a new report surveying the UK’s most successful companies.

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Walmart-owned supermarket chain Asda has hit out at rivals, accusing them of using price gimmicks to buy customer loyalty, as it reported a drop in underlying sales for Q3.

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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.

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Retail News - French Connection reports back on 11% rise in like-for-like sales

Fashion group French Connection this week reported an 11 per cent rise in like-for-like retail sales, sending its shares sky-high.

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Retail News - Hugo Boss touts “quantum leap” of a year for 2013

Despite ongoing economic conditions in Europe and a slow-down in industry growth for Asia, Hugo Boss saw turnover rise 4 per cent to EUR 2.43 billion thanks to a 7 per cent rise net profit.

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Retail News - Fast Retailing pulls out of takeover talks with J.Crew

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.

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Retail News - Home Retail Group to exceed expectations as Argos and Homebase go from strength to strength

Argos and Homebase owner Home Retail Group on Thursday said it now expects its benchmark profit before tax to come in ahead of expectations.

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Retail News - North/South divide continues to define shop vacancy rates

New report finds the North-west the worst struck for empty stores, despite an overall improvement for vacancy rates.

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Retail News - John Lewis reports that male customers are on the up
Photo credit: John Lewis

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.

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Retail News - H&M sales drop 2% for September

Sales at H&M stores open at least year fell by 2 per cent in September, after rising 4 per cent for August.

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