Zalando’s first half was marked with strong growth and profitability, which has led to its full-year adjusted EBIT margin guidance to 4-5.5 percent. While the second quarter revenues increased 25 percent to 916 million euros (1,022 million dollars) against 733 million euros (818 million dollars) in […]

The Tom Tailor Group achieved a slight rise in sales in the second quarter of the fiscal year 2016. In the first half, sales increased 2.2 percent to 451.3 million euros (503.9 million dollars). The company said that the growth was driven by the Tom Tailor brand, which posted gains in both the retail […]

Michael Kors Holdings’ first quarter revenue increased 0.2 percent to 987.9 million dollars from 986 million dollars in the same quarter of fiscal 2016. On a constant currency basis, total revenue was flat. Commenting on the first quarter trading, John D. Idol, the company’s Chairman and CEO, said, […]

Revenues at the New Look declined 4.2 percent to 354.2 million pounds (460 million dollars) compared to 369.8 million pounds (480.5 million dollars), in the same quarter last year. New Look brand like-for-like sales were down 6.6 percent. Commenting on the results, Anders Kristiansen, CEO, said, “We […]

On the back of positive performance during the first five months of the year and the start to August, the Boohoo board now anticipates that the results for the current year will be above expectations with increased sales growth of between 28 percent and 33 percent against previous guidance of 25 percent […]

ANALYSISThe Gap Inc. comparable sales fell more than expected in July, dragging the stock a further 4 percent down and adding to the 27 percent the shares have withdrawn since the beginning g of the year. This time, Old Navy´s steady performance wasn´t enough to offset Banana Republic and Gap brands […]

Gap net sales for the four-week period ended July 30, 2016 were 1.10 billion dollars compared with net sales of 1.12 billion dollars for the four-week period ended August 1, 2015. For the second quarter, net sales were 3.85 billion dollars compared with 3.90 billion dollars for the same quarter last […]

London - At the moment there are no signs of a potential boycott concerning Britain or its British goods following the UK voting in favour of leaving the European Union. However, there is still plenty for British retailers to be worried about - especially those overseas - as more than a quarter of people […]

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