Finance

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High street, independents, retail

Warm weather and discounts boost July’s retail sales

Heavy discounting and warm weather contributed to a boost in retail sales in July, according to the latest figures compiled by the British

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Stella McCartney Adidas

Fashion lovers send sales of sportswear soaring

The sportswear market is set to soar to a record high of £7bn in 2016, up 7% year on year. This growth, however,

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Federico Marchetti Yoox Net-a-Porter

Yoox Net-a-Porter sales up 16% in H1 2016

The Yoox Net-a-Porter Group has posted first half sales up almost 16% at €897m, helped by a particularly strong performance from its “Off-Season” business. Adjusted

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Next

Next posts 0.3% sales increase and warns of price rises next...

High street stalwart Next has posted sales up 0.3% in the second quarter (ending 30 July) and has warned that customers should expect

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Amazon

Amazon has another record-breaking quarter

Ecommerce giant Amazon has posted its third successive quarter of record breaking results beating analysts’ expectations. Sales in the second quarter leapt by

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Dior

Christian Dior posts full-year sales up 8%

Christian Dior has posted revenue up 8% to €38bn for the year ending 30 June 2016. Profit from recurring operations was also up

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Gucci, YSL and Puma star performers as Kering posts Q2 results

Luxury group Kering posted better than expected Q2 figures today with Gucci, Yves Saint Laurent and Puma cited as star performers of the

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Louis Vuitton LVMH

ANALYSIS: LVMH – good news and bad in first half

The luxury sector is being closely watched at the moment for any signs of a recovery, or even of a further downturn. And

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DKNY

LVMH confirms sale of Donna Karan to G-III

LVMH has confirmed last week’s rumours by selling Donna Karan International, which includes the DKNY label, to American manufacturer and license holder G-III in

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Isabel Marant

Isabel Marant sells majority stake to Montefiore Investment

Investment fund Montefiore Investment has acquired a 51% stake in French premium womenswear brand Isabel Marant and will look to expand it into

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LVMH reported to be planning sale of DKNY

Luxury conglomerate LVMH is said to be targeting a specific buyer to purchase DKNY, a year after its founder Donna Karan stepped away

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Belstaff

Belstaff puts brakes on IPO after Brexit vote

Belstaff has put plans to float on ice following Britain’s vote to leave the EU. The motorcycle heritage brand had moved its operations

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