GlobalData Archives - Inside Retail Asia
After acquiring an 18.7 per cent interest in the business, JD Sports has made a move to acquire footwear retailer Footasylum, offering $1.54 per share.
For the first time in seven years, shrinking UK fashion retailer French Connection has achieved an underlying profit.
Turnover in the Chinese retail industry will eclipse that of the US later this year, according to analyses.
Gap brand sales fell 7 per cent globally in the last quarter as the US apparel retailer fails to re-engage consumers.
Lingerie brand Victoria’s Secret needs to reinvent itself, says retail analyst Neil Saunders.
The sudden departure of J Crew CEO Jim Brett worrying as it leaves the company leaderless at a time it desperately needs focus.
Walmart sales reached US$124.9 billion in the third quarter, an increase of 1.4 per cent.
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.
The Ralph Lauren results are “characteristic of a brand that is still not entirely confident about its place in the fashion world”.
Growing engagement with millennials and reduced discounting has boosted profit for New York-based fashion group Tapestry.
Fast-food chain McDonald’s has logged its 13th consecutive month of positive same-store sales during the third quarter.
Superdry says its profits will take a £10 million hit this year.