GlobalData Archives - Inside Retail Singapore

Asia cited as Ted Baker swings to a loss

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.

Superdry spins into loss as new management tries to restore sales

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 ‘struggling to remain relevant’

Superdry’s sales fell further in the latest quarter as its co-founder retakes control of a retailer “struggling to remain relevant”.

China underpins sold Tiffany & Co sales increase

Tiffany & Co sales grew 10 per cent worldwide in the third quarter, with China performing strongly.

Victoria’s Secret ‘needs to reinvent’ after L Brands loss revealed

Lingerie brand Victoria’s Secret needs to reinvent itself, says retail analyst Neil Saunders.

J Crew CEO in ‘worrying’ sudden exit

The sudden departure of J Crew CEO Jim Brett worrying as it leaves the company leaderless at a time it desperately needs focus.

Acquisitions flatter Michael Kors sales performance

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.

McDonald’s sales growth continues, but US numbers cause concern

Fast-food chain McDonald’s has logged its 13th consecutive month of positive same-store sales during the third quarter.

Superdry suffers from sizzling summer in Europe, US

Superdry says its profits will take a £10 million hit this year.

US department store operator Sears succumbs to bankruptcy

Famous US department store operator Sears has finally succumbed to bankruptcy.

Tesco discount chain Jack’s opens first stores today

UK retailer Tesco has revealed the brand identity and store concept for its new value chain Jack’s.

More tariffs are bad news for US retail industry, says analyst

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.

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