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.
Clothing, Footwear and Accessories Specialists
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Clothing, Footwear and Accessories Specialists
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’.
CMA investigating ASOS, Boohoo and Asda over sustainability claims
The authority has warned it may investigate other firms in the fashion sector if similar claims are made against them.
Carter’s registers 6.1% decrease in net sales for Q2 2022
The retailer expects net sales of around $3.25bn to $3.30bn for the full year.