GlobalData Retail Archives - Inside Retail Asia
Embattled US department store Sears has been granted yet another lifeline, with a bankruptcy auction now scheduled for January 14.
The deep-seated problems at the Gap brand need to be resolved. And soon, says retail analyst Neil Saunders.
House of Fraser has filed a Company Voluntary Arrangement and plans to use the breathing space afforded to close stores.
US-based sportswear brand Under Armour has unveiled better than expected first quarter revenue growth of 6 per cent.
A planned merger of Asda and Sainsbury’s will lead to the closure of up to 75 stores, says GlobalData Retail analyst.
Jimmy Choo Asia sales soared 19.2 per cent last year, according to its annual results.
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.
The Body Shop is outdated and faces demise if it does not freshen up, warns retail consultant.
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.