Uniqlo Japan, a part of Fast Retailing Group said in a statement that the company’s same-store sales including online sales during the month of September increased by 6 percent year on year while total sales including online sales increased by 5.4 percent. The company attributed same-store sales increase […]

The British accessories label Anya Hindmarch, reported 10 percent decline in its turnover to 37.2 million pounds (48.4 million dollars) for the year to December 31, 2017, while pretax losses more than doubled to 28.2 million pounds (36.7 million dollars) against the previous year, reports WWD. During […]

Online personal styling service Stitch Fix, Inc. for its fourth quarter ended July 28, 2018 reported 25 percent increase in active clients to 2.7 million, while net revenue of 318.3 million dollars, rose 23 percent year over year. The company said net income for the quarter was 18.3 million dollars […]

Forever 21 is now part of an 8 million dollar investment deal with Los Angeles-based apparel subscription service DailyLook. Forever 21 is leading the deal, but is also working with venture capital firm Upfront. Upfront was previously part of an earlier round of funding for DailyLook. Forever 21 president […]

New York - Online fashion retailer Atterley.com, run by online entrepreneur Mike Welch, has been backed by PDS Multinational. “We have spoken to a wide range of potential funders over the last six months, including private equity firms and industry players, but PDS really stood out in terms of the strategic […]

Online women’s apparel retailer Revolve has filed documents with the U.S. financial market regulator, the Securities Exchange & Commission (SEC), to go public. Revolve aims to raise up to 100 million dollars with the initial public offering of shares (IPO.) Revolve Group Inc. filed documents with the […]

High-street retailer Harrods posted a pre-tax profit of 215.9 million pounds (281 million dollars), up 9 percent and total sales increased of 6.8 percent to over 2.1 billion pounds (2.7 billion dollars) for the year to February 3, 2018, reports The Times. The company said in a statement that despite […]

For the year ending February 3, 2018, Selfridges recorded sales of over 1.75 billion pounds (2.28 billion dollars), up 11.5 percent and increase in operating profit to 181 million pounds (235.7 million dollars). The company said, sales and operating profit growth were delivered against a challenging […]

Shaftesbury PLC, the Real Estate Investment Trust that owns a 15-acre portfolio in London's West End, has reported that while the retail sector remains challenging, it had “robust trading” and footfall across its portfolio this summer. In its trading update for the six months to September 27, it states […]

Max Capital Management Holding Ltd is now officially becoming one of the angel investors of Global Brand Partners Pte Ltd. A signing ceremony was held at Hilton Hotel, Petaling Jaya on September 13, attended by more than 100 participants. Present at the signing ceremony were Adj. Prof. Maxshangkar, […]