NRF reports 7.1% increase in US core retail sales during July
Online and other non-store sales increased 2.7% from June adjusted seasonally and were up by 18.1% unadjusted from a year…
Clothing, Footwear and Accessories Specialists
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Clothing, Footwear and Accessories Specialists
Authentic Brands to buy fashion retailer Ted Baker for £211m
Authentic Brands manages major brands such as Reebok and Juicy Couture, as well as the image rights of Elvis Presley.
Ralph Lauren posts 8% revenue growth in first quarter of FY23
The company expects its full-year revenues to increase in the high single-digits on a 52-week comparable basis.
Next in talks for potential acquisition of stake in Joules
Joules plans to adopt Next’s Total Platform services to support its long-term growth plans.
Japanese retailer Fast Retailing to open first GU store in US
The GU Soho New York Store will be the brand’s first store outside the Asian market.
Next raises full-year profit guidance after strong sales performance
The retailer anticipates a pre-tax profit of £860m for the full year.
Under Armour posts $1.3bn in revenue for first quarter of FY23
The company expects its operating income for the full year to be between $300m and $325m.
ITC to leave lifestyle retailing business after portfolio review
Wills Lifestyle is available in 90 exclusive stores in 40 cities across India, as well as more than 500 ‘shop-in-shops’.