Articles tagged report

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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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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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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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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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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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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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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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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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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