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 Retail...
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, has...
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 EBITDA...
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 an...
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 31.1% to...
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 by...
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 group.
First...
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 none...
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 a...
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 other...
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 from...
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 back...
European consumers more concerned about Brexit than British
Consumers in Spain, Italy and Poland are more concerned about the effect Brexit will have on their economy than British consumers are, according to...
Percival launches Crowdcube campaign to develop wholesale strategy
Emerging menswear brand Percival has launched a campaign on Crowdcube to raise £250,000 of investment to enable it to develop a wholesale strategy and...
Burberry reports flat sales as market remains challenging
Burberry, which two days ago revealed it would install a new chief executive next year, has revealed unchanged underlying retail revenue for the three...
ASOS posts sales growth of 30%
ASOS has posted total group revenues of £514.6m in the four months to 30 June 2016, a growth of 30% year on year.
The young...
Bailey to step down as Burberry CEO, Gobbetti steps up
Big change at Burberry next year with Christopher Bailey stepping back from his CEO role. But the man who helped turn the label into...