GlobalData Archives - Inside Retail Singapore
UK fashion house Ted Baker has slumped into the red in the first half of the year, its position not helped by a 15.2-per-cent fall in sales in Asia.
Struggling lifestyle-fashion label Superdry has reported a loss of £85.4 million, a sharp turnaround after the £65.3 million profit of the prior year.
Superdry’s sales fell further in the latest quarter as its co-founder retakes control of a retailer “struggling to remain relevant”.
Tiffany & Co sales grew 10 per cent worldwide in the third quarter, with China performing strongly.
Lingerie brand Victoria’s Secret needs to reinvent itself, says retail analyst Neil Saunders.
The sudden departure of J Crew CEO Jim Brett worrying as it leaves the company leaderless at a time it desperately needs focus.
Michael Kors sales grew 9.3 per cent to US$1.25 billion during the second quarter – but the figures were flattered by new acquisitions.
Fast-food chain McDonald’s has logged its 13th consecutive month of positive same-store sales during the third quarter.
Superdry says its profits will take a £10 million hit this year.
Famous US department store operator Sears has finally succumbed to bankruptcy.
UK retailer Tesco has revealed the brand identity and store concept for its new value chain Jack’s.
More new tariffs are bad news for the US retail sector, especially as the latest round seems to extend the tax to a vast array of consumer goods.