In its full year results statement for the year ending March 31, 2018, Dr Martens reported total revenue growth of 20 percent to 348.6 million pounds (454.9 million dollars) and EBITDA rise of 33 percent to 50 million pounds (65.2 million dollars). DTC revenue for the year, the company said, rose by […]

The Asos group generated retail sales growth of 26 percent during the year to August 31, 2018 to 2,355.2 million pounds (3,104.2 million dollars), with UK growth of 23 percent and international growth of 27 percent or 24 percent at constant currency. The company said, UK retail sales grew despite a […]

The U.S. company, which resembles a stock market where sports shoes are treated as stocks, has recently secured 44 million dollars in funding. The retail disruptor will use the investment to expand into Europe. This new injection of capital increases the company’s potential for marketplace disruption, […]

Earlier this month, online personal styling service Stitch Fix reported its remarkably positive fourth quarter earnings. The quarter, which ended July 28, 2018, saw a 25 percent increase in active clients and a net income of 18.3 million dollars. These figures bring Stitch Fix’s active clients to 2.7 […]

Sears Holdings Corp. said Monday that the company and certain of its subsidiaries have filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of New York. The company noted that it will also close 142 unprofitable stores near […]

New York - French Connection might be the next fashion retailer changing hands in the UK. The fashion retailer’s board has found itself forced to address the market rumours regarding a potential sale of the company, confirming it is currently reviewing all its “strategic options”. The board of directors […]

ANALYSIS New York - The world’s largest luxury goods group, LVMH, reported a 10 percent increase in revenues for its third quarter. Despite the positive update, the French group’s stock dipped. Why? FashionUnited explores some of the reasons dragging European luxury retailer’s shares these days. LVMH […]

The Fast Retailing Group, for the twelve months to August 31, 2018, reported consolidated revenue of 2.1300 trillion Japanese yen, up 14.4 percent year-on-year and operating profit of 236.2 billion Japanese yen, up 33.9 percent year-on-year. The company attributed this strong performance to a significant […]