GlobalData Archives - Inside Retail Asia

New Look same-store sales slump as restructure continues

Same-store sales fell by 10.1 per cent in the first quarter for UK-headquartered fashion retailer New Look.

Sales surge for Tiffany in China, but other markets suffer

Double-digit sales growth for Tiffany in China provided some encouragement for the US jewellery retailer in what was otherwise an unremarkable half.

Target launches food and beverage house brand Good & Gather in the US

Target US is launching its own in-house private-label food-and-beverage range, called Good & Gather.

Reliance-Tiffany partnership in India wins approval

The Reliance-Tiffany partnership in India will allow Tiffany & Co to offset subdued demand in US and Europe, says data and analytics company GlobalData.

Versace adds gloss to Capri results

At headline level, the latest Capri results looks to have been a good quarter for the fashion retail owner, with revenues up by a solid 11.9 per cent.

Boohoo set to buy Karen Millen and Coast – updated

Fast-growing pure-play online fashion retailer Boohoo is preparing to acquire the Karen Millan and Coast brands.

China outperforms rest of world for Ralph Lauren sales

Ralph Lauren sales in Asia rose by 4 per cent in the first quarter, with China the chief driver in the region.

Asos shares tumble as growth slows

Online fashion-retailer Asos reported sales growth beneath expectations for the four months to June, causing its share price to tumble 13 per cent overnight.

Asian expansion contributes to loss for luxury bag label Mulberry

Expansion into Asia has weighed on British luxury bag label Mulberry’s bottom line, but the company is confident the foray will bear fruit.

Topshop parent wins lifeline in crucial vote

Topshop parent Arcadia Group has been given a lifeline by its creditors and landlords after a Company Voluntary Arrangement was approved yesterday.

Ted Baker reaches point where it will ‘sink or swim’

Shares in UK-headquartered Ted Baker slumped 25 per cent as the latest financial results show the fashion label may be losing its mojo.

Burberry’s new creative director already showing positive impact

The high-profile appointment of Burberry’s new creative director Ricardo Tisci appears to be paying off…

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