Superdry denies reports founder wants to take it private There have been persistent rumours that founder and CEO Julian DunkertonSuperdry Superdry In a stock exchange statement, the company said that Dunkerton “notes recent press reports”, but regarding a de-listing from…
Les Belles offers new approach to hosiery as trend strengthens Kendall Jenner did more than get the internet buzzing when she stepped out in LA last week sans pants. Her Bottega Veneta Courtesy Another niche market is hosiery, which until…
Oysho opens its first point of sale in the UK Translated by Roberta HERRERA The brand owned by the InditexWestfield The new two-storey establishment has a surface area of 330 square meters – Oysho The two-storey, 330-square-meter store is elegantly…
Bollman buys majority share of Kangol from Frasers Group Kangol has a new — but familiar — owner. Bollman Hat Company has entered into an agreement to acquire 51% of the UK heritage/streetwear hat brand from Frasers Group for an…
Walmart sees lower 2023 performance in time of economic uncertainty By Reuters Walmart struck a cautious note in its economic outlook for 2023 on Tuesday as the retail bellwether forecast full-year earnings below estimates and warned that tight spending by…
Urban Outfitters Q3 earnings plummet despite sales gains across most segments Urban OutfittersAnthropologieFree People Urban Outfitters The Philadelphia-based company said total net sales for the three months ended October 31 increased 3.9% over the same period last year to a record $1.18…
Amazon slams $265 mln tax order as it seeks to get EU appeal thrown out By Reuters An EU decision ordering Amazon Reuters The European Commission in its 2017 decision said a Luxembourg tax arrangement allowing Amazon to channel profits…
John Lewis losses grow, launches bigger costs-savings drive When a results release starts with a message to the staff talking about “another very tough year”, you know it’s not going to be good and so it was with John Lewis…
Alibaba rival Pinduoduo sees revenue fall short on weak China consumer spending By Reuters PDD Holdings Inc, which owns discount e-commerce platforms Pinduoduo and Temu, missed expectations on Monday for fourth-quarter revenue as China’s post-reopening consumer recovery remains patchy. Image:…
American Eagle tops quarterly estimates on steady apparel demand By Reuters American Eagle Outfitters American Eagle Shares of American Eagle jumped about 7% in extended trading as the company also reinstated a $0.10 per share quarterly cash dividend after pausing…
