GlobalData Retail Archives - Inside Retail Asia
Sears wins another lifeline, but is it too late?
Embattled US department store Sears has been granted yet another lifeline, with a bankruptcy auction now scheduled for January 14.
‘Deep-seated problems’ with Gap brand need to be resolved – ‘and soon’
The deep-seated problems at the Gap brand need to be resolved. And soon, says retail analyst Neil Saunders.
New investment ‘should save’ House of Fraser
House of Fraser has filed a Company Voluntary Arrangement and plans to use the breathing space afforded to close stores.
Asia Pacific strongest market for struggling Under Armour
US-based sportswear brand Under Armour has unveiled better than expected first quarter revenue growth of 6 per cent.
Asda and Sainsbury’s merger plan will lead to store closures
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 soar
Jimmy Choo Asia sales soared 19.2 per cent last year, according to its annual results.
Abercrombie & Fitch ends year ‘in a tailspin’
Abercrombie & Fitch ended the year in a tailspin, with sales down by almost 7 per cent and operating profit falling 49 per cent.
What’s next for Walmart after solid quarter?
While some US retailers struggled over the holiday period, Walmart notched up respectable sales gains both overall and on a same-stores basis.
Stark contrast in US, UK retail sales data
US and UK retail sales data just released shows two very different markets in January.
The Body Shop must ‘freshen up or face demise’
The Body Shop is outdated and faces demise if it does not freshen up, warns retail consultant.
Abercrombie & Fitch unveils new store concept
US casualwear retailer Abercrombie & Fitch is about to unveil its first concept store for 15 years.
Sales up, revenue down for Michael Kors Holdings
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.
