We had the first hint of good news around new-season fashion retail today as John Lewis (now giving its weekly update on Tuesdays rather than Fridays) said its sales rose 2.5% in the seven days to February 6. Fashion sales rose 4.4% within that figure with “some encouraging reaction to new season ranges”, according to John…
It’s that time of the month again, you know when loads of general retail sales reports come out and (hopefully) paint us a picture of what’s happening out there. Yesterday it was Visa Europe and BDO. Today it’s the British Retail Consortium and KPMG. And the story? Like those other reports, the BRC/KPMG stats showed…
It’s a funny thing about Gap Inc but it’s one company that has always shown itself able to make a profit, however tough it finds sales growth. I’ve been following this company’s results for 17 years now and the sales picture has been bad for most of that time. But in reporting its January and…
Share prices may be tanking globally and department store shares are suffering. But Nordstrom’s shares rose nearly 6% yesterday after it unveiled a new collection with Olivia Palermo and a new ad campaign. Its exclusive Olivia Palermo + Chelsea28 collection features 32 different separates with roots in American sportswear staples, as well as dresses. Nordstrom…
How has the combined Yoox and Net-a-Porter online fashion giant been faring since the Italian and UK businesses linked-up? Pretty well actually with global growth in the double-digit growth and its m-commerce sales growing fast – very fast. OK, for three-quarters of the period covered, Yoox and NaP continued to operate separately (their ‘merger’ was…
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