GlobalData Retail Archives - Inside Retail Singapore
Abercrombie & Fitch sales rose for the second consecutive year as its restructure and new store format begins to pay off.
Tumbling iPhone demand drove an uncharacteristic decline in Apple sales in the first quarter trimming back its profit for the period.
The deep-seated problems at the Gap brand need to be resolved. And soon, says retail analyst Neil Saunders.
Tapestry sales are on track to ensure the company will fulfil its ambition of becoming a strong luxury lifestyle company.
A planned merger of Asda and Sainsbury’s will lead to the closure of up to 75 stores, says GlobalData Retail analyst.
Abercrombie & Fitch ended the year in a tailspin, with sales down by almost 7 per cent and operating profit falling 49 per cent.
While some US retailers struggled over the holiday period, Walmart notched up respectable sales gains both overall and on a same-stores basis.
US and UK retail sales data just released shows two very different markets in January.
US casualwear retailer Abercrombie & Fitch is about to unveil its first concept store for 15 years.
While third-quarter sales grew 9.2 per cent to US$836.7 million for Michael Kors Holdings, revenue fell 3.2 per cent to $1.35 billion.
UK fashion chain New Look has lost market share after a tough trading year.
While the latest Amazon results show impressive growth, and is a long way above the retail sector overall.