All Fashion articles – Page 678
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OpinionJJB Sports has an uphill battle on its hands
As expected JJB Sports figures this morning did not make pretty reading and although steps have been made to start turning the business around it is going to be a long uphill marathon rather than a quick sprint to recovery.
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NewsPeter Ruis appointed buying and brand director at John Lewis
John Lewis buying director of fashion Peter Ruis has been promoted to buying and brand director.
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NewsNext appoints Francis Salway as non-exec
Next has appointed Francis Salway, the chief executive of property giant Land Securities, as a non-executive director.
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NewsJJB Sports posts £68.6m pre-tax loss
Embattled JJB Sports has reported a pre-tax loss of £68.6m in its full year results and sales collapsed 42% as the retailer warned its recovery will be “neither quick nor easy”.
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News
Abercrombie & Fitch Q1 sales up 14%
Abercrombie & Fitch has reported first-quarter net sales up 14% to $687.8m (£457m). Total like-for-like sales increased 1%, while net loss for the quarter narrowed to $11.8m (£8m) from $59.2m (£38m) in the same period last year.During the remainder of the financial year, the retailer expects to open Abercrombie & ...
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News
KiK aims for 5,000 stores
Tengelmann-owned clothing discounter KiK is planning to increase its number of stores across Europe from more than 2,900, to about 5,000 within the next five years. This will involve growth in the existing markets such as Germany, Austria, the Czech Republic, Slovakia and Hungary, as well as new market entries. ...
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News
Gap posts £2.2bn Q1 sales
Gap has posted net sales of $3.33bn (£2.2bn) in its first quarter, a rise of 6% on the same period last year. Like-for-like sales increased 4% and net income rocketed 40% to $302m (£200m).Chairman and chief executive Glenn Murphy said: “Fuelled by our strengthened economic model, we are in a ...
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NewsBurberry ramps up investment after profits soar
Burberry said it will almost double capital spending to £130m next year with a focus on expanding key product areas including kidswear and moving into emerging markets.
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NewsGieves & Hawkes appoints Andrew Merriman as COO
Savile Row menswear retailer Gieves & Hawkes has appointed Andrew Merriman to the new role of chief operating officer, following a recent shake up of its senior management team.
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NewsTJX Europe reports 1% rise in first quarter like-for-likes
TJX Europe, the company which operates off-price fashion chain TK Maxx in the UK, said that like-for-like sales rose 1% in the first quarter to May 1.
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NewsMarks & Spencer celebrates return to like-for-like growth in food as profits rise
Marks & Spencer has reported a return to annual like-for-like growth at its food arm for the first time since 2007, an increased clothing market share and a profits rise.
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NewsOriginal Factory Shop denies sale
Updated: The Original Factory Shop has today denied that the value department store has been put up for sale by private equity owner Duke Street.
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NewsMarks & Spencer set to unveil 4% rise in annual pre-tax profits
Marks & Spencer is expected to unveil a 4% rise in full-year pre-tax profits to £628m tomorrow, according to reports.
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NewsMulberry signs new London flagship and office sites
Luxury British brand and retailer Mulberry has signed leases for a flagship store at 50 New Bond Street and for a new London head office space.
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NewsGap reports flat year-on-year sales for April
Gap has reported flat year-on-year sales of $1.05bn (£727m) for the four weeks to May 1.
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NewsOnline sales up 13% in April
Online sales in April rose 13% to £4.4bn according to figures from the IMRG Capgemini e-Retail Sales Index.
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NewsAsda halves the price of England World Cup shirts
Asda is gearing up for a price war after the supermarket started retailing England World Cup shirts for half the recommended retail price.
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NewsSuperGroup appoints DHL Express CEO as non-exec director
SuperGroup, owner of young fashion brands Superdry and Cult, has appointed Ken McCall as non-executive director.
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NewsLands' End kids debut
Home shopping retailer Lands’ End is to launch its first kids’ clothing range in August as it seeks to widen its appeal.
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NewsTopshop eyes Chicago launch as Knightsbridge store opens
Arcadia sets sights on further US Topshop flagships following opening of its latest London store