All Fashion articles – Page 750
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NewsNext leads share rally in retail sector
Next led a share rally in the retail sector last night as Citigroup said that share prices in the sector had bottomed out and that it was time to “relight the fire”.
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NewsSports Direct confident of meeting profit forecast despite margin hit
Sports fashion retailer Sports Direct has revealed that its sales performance has improved at the expense of margins.
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NewsDebenhams first-half profits rise and second half starts well
Debenhams has revealed a strong start to its second half after notching up a 10.7 per cent rise in first-half pre-tax profits.
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NewsInditex brings in system for speedier store design
Spanish fashion giant Inditex has introduced a system to its store design department to speed up the design process for shops worldwide.The Windchill system, provided by PTC, manages the information Inditex holds about the building equipment, interior design and furnishing of its stores.Inditex is increasing the standardisation of the furnishings ...
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NewsAlexon profits dive as Bay Trading suffers tough competition
Fashion group Alexon has revealed that pre-tax profits before exceptionals plummeted to £3.5m in its full year to January 31, from £16.4m the year before.After exceptionals of pre-tax losses were £27.7m, down from a £12m profit in 2008.Turnover fell 4.5 per cent to £250.3m with like for like sales down ...
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NewsAnnual growth of online sales slows
Year-on-year growth for online retailers is beginning to slow as sales for March grew just 19 per cent, lower than the year before.Month-on-month sales continued to grow up 9 per cent as online shopping continues to grow in popularity, according to the latest IMRG Capgemini e-retail Sales Index.Capgemini UK head ...
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NewsThree retailers set to open in Cambridge’s Grand Arcade
Calvin Klein, Kurt Geiger and Jack & Jones are set to open stores in Cambridge for the first time.All three have taken stores at the Grand Arcade shopping centre, which is owned by Grand Arcade Partnership, a joint venture between Grosvenor and Universities Superannuation Scheme.They join brands already trading in ...
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NewsNew Look to launch second generation e-commerce site
New Look is to replace its website platform with a system from ATG.
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NewsPrimark first half sales hit £1bn
Primark outperformed the fashion market with sales breaking the £1bn mark in its first half, but warned margins will come under increasing pressure.
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NewsAlexon rejects approach to acquire business
Fashion group Alexon has rejected an unsolicited approach from an unnamed third party wanting to acquire the retailer.
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NewsBurberry set to hit market expectations
Burberry said it will hit market expectations for its full year pre-tax profits after revenue for its second half to March 31 grew 2 per cent.
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NewsLondon like-for-likes climb 5.1 per cent
London retail sales grew 5.1 per cent on a like-for-like basis in March, outperforming the UK as a whole which declined 1.2 per cent.The British Retail Consortium-KPMG figures show like-for-likes grew 5.8 per cent in January to March, while UK like-for-likes dropped 0.7 per cent.The BRC said comparisons were difficult ...
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NewsBRC demands credit insurance redress at Budget
Half of large retailers say the reduction or withdrawal of trade credit insurance has undermined their ability to trade.According to the British Retail Consortium’s Credit Conditions Survey, 40 per cent of small and medium-sized retailers also say the reduction or withdrawal has undermined their position.Two thirds of larger retailers believe ...
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GalleryStore of the week: Uniqlo, New York
Space is an essential commodity for retailers and the further down the socio-economic scale you go, the more intensively it tends to be used.It’s a surprise, therefore, to wander into Uniqlo, not 200 yards from the recently opened Topshop in lower Manhattan and see how ...
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GalleryLiberty in the name of luxury
Liberty’s latest incarnation is a tour de force of luxurious, design-led merchandising. John Ryan takes a look at the cosmetic overhaul
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NewsJohn Lewis reports strongest week of year
Department store group John Lewis has reported its strongest week of the year to date, with sales down just 1.5 per cent.For the week ending April 11, John Lewis said it had been fortunate “to enjoy a more clement spring for the season as a whole” and trade has done ...
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NewsJapan’s government steps in as spending plummets
Japan’s government last week laid out plans to plough an extra ¥10 trillion (£68.2bn) into attempts to stimulate its ailing economy.Retail sales have been a big victim of the country’s economic travails and fell to their lowest levels for seven years in February.Japan’s finance minister Kaoru Yosano has labelled the ...
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NewsJD Sports to expand fashion as full-year results impress
JD Sports Fashion chief executive Barry Bown has laid out plans to up the retailer’s fashion offer as he pleased the City with a solid set of full-year results.Bown plans to expand the Bank fascia from 54 to 150 stores in the next five years and will launch transactional Bank ...
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Debenhams launches outlet site to tap into shift in shopper habits
Debenhams will launch an outlet store online on Monday, allowing customers all-year-round access to products at prices up to 70 per cent cheaper than in its stores.
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Clouds lift as steady first quarter cheers retail industry
Mood of cautious optimism emerges that trading conditions are starting to stabilise