Marks and Spencer Plc (M&S) has revealed locations of 17 further stores, which it plans to close as a part of its previously announced five-year plan to shutter over 100 stores by 2022, reports BBC. The store closures are expected to impact 1,045 staff members, who, the company said, will now be a part […]

Total sales at John Lewis, the company said in a statement, were up 0.7 percent for the week ending January 12, 2019, on last year driven by customers continuing to shop clearance offers and beginning to shop Spring/Summer ranges. Style sales during the week were up 4.9 percent. The company added […]

British sustainable fashion designer Christopher Raeburn is rebranding his eponymous label to ‘Raeburn’ to coincide with the brand’s 10-year anniversary. The re-brand, which also includes a new logo, follows the recent appointment of Christopher Raeburn as Timberland’s first global creative director, […]

For the four months to December 31, 2018, Boohoo Group Plc has reported revenue growth of 44 percent or 43 percent CER across all geographic regions. The company said, gross margin for the four months was 54.2 percent, up 170bps. For the financial year to February 28, 2019, the company expects revenue […]

For the 13 weeks ended November 24, 2018 Matalan’s total revenue increased by 4.9 percent to 308.3 million pounds (398 million dollars), with full price sales increase of 7.3 percent. During the holiday period to December 29, 2018, Matalan added that total revenue increased by 4 percent to 148 million […]

ANALYSIS New York - Shares of Lululemon Athletica Inc. jumped in early trading Monday after the yoga apparel brand increased its fourth-quarter guidance for sales and profit. The news lifted the mood across the apparel sector, battered with overall poor holiday sales figures. Lululemon enjoyed the best […]

Ascena Retail Group, Inc. reported 3 percent increase in holiday comp sales with comparable sales at Ann Taylor up 7 percent, at Loft, up 14 percent, with comparable sales at Maurices and Dressbarn up 2 percent and 3 percent respectively. Lane Bryant comparable sales were down 9 percent, Catherines, […]

American Eagle Outfitters, Inc. (AEO) has announced that fourth quarter comparable sales to date, through January 13, 2019, have increased 6 percent, following an 8 percent comp increase last year. The company reiterated its previously issued fourth quarter EPS guidance in the range of 40 cents to 42 […]

RTW Retailwinds, Inc., formerly known as New York & Company, continues to expect comparable store sales for the fourth quarter to be approximately flat, as compared to the same period last year. Non-GAAP operating results excluding non-operating charges are expected to be approximately breakeven; however, […]

Updating its outlook for the fiscal year ending February 2, 2019, Shoe Carnival, Inc. said that it now expects net sales to be approximately 1.028 billion dollars and comparable store sales to increase approximately 4 percent. Earnings per diluted share for year are expected to be in the range of 2.41 […]

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