margins news and archive

2/3 of UK retailers use secondary revenues against margin squeeze

Two-thirds of UK retailers are using secondary revenue methods to tackle margin squeeze and boost their profitability according to new research from Webloyalty and the British Retail Consortium (BRC). As more and more retailers across the country are faced with shifting consumer shopping habits, increasing costs following the drop of the pound...

BusinessFeatured

Hugo Boss reveals strategic growth plan targeting faster sales increase

German fashion label Hugo Boss is set to unveil its upcoming strategic growth scheme, which will run to the 2020 during the Investor Day event taking place in Paris today. The fashion brand predicts its sales growth to speed up and its margins to improve over the next few years as it works to “significantly upgrade” its core brand, with the aim...

Fashion

Cost increases may reduce profits more than expected

Cotton futures surged last week to a new high after doubling in 2010. Coupled with other hikes in related costs such as labor in China may splurge margins. Some retailers are claiming cost increases in some areas of 15% to 25%. ICE March cotton, the US benchmark, rose by the 5 cent daily allowable limit to $1.6194 per pound late January, the...