All articles by Nancy Victor
Nancy Victor
NRF reports rise in US retail sales from December to January
Retail sales in the country were up by 6.4% year-over-year.
Ahold Delhaize’s full-year net sales up by 6.9% in fiscal 2022
The company expects its FY23 underlying operating margin to be at least 4.0%.
Gucci owner Kering reports 15% increase in revenue for FY22
Gucci’s revenue was down by 14% on a comparable basis in the fourth quarter.
UK retail footfall fell by 7.3% last month from December 2019
Total footfall in the UK rose by 15.1% on a year-on-three-years basis.
Boot Barn registers net sales increase of 5.9% for Q3 2023
The company’s store and e-commerce same-store sales both declined in the quarter.
Farfetch reports $593.4m in revenue for third quarter of FY22
The company posted a $274.9m loss after tax for the quarter.
Williams-Sonoma posts 8.1% rise in brand revenue for Q3 2022
The company’s gross profit was $910.52m for the three months to 30 October.
Primark US plans to open three store locations in New York
The first of the three stores opened on 17 November, while the other two will open by the end of this year.
Retail start-up SuperK raises $5.5m in pre-series A funding
The funding round was led by 021 Capital, a venture capital firm run by Binny Bansal.
BinDawood Holding registers 46% drop in net profit for FY21
The company said that pandemic-related travel restrictions have continued to impact its sales performance.