J. C. Penney Company, Inc. has said that for its fiscal second quarter ended August 4, 2018, comparable sales increased 0.3 percent and net loss for the quarter was 101 million dollars or 0.32 dollar per share compared to a net loss of 48 million dollars or 0.15 dollar per share in the same period last […]

Dillard’s, Inc. has reported net income for the 26 weeks ended August 4, 2018 of 77.7 million dollars or 2.80 dollars per share compared to 49.2 million dollars or 1.62 dollars per share, for the prior year 26-week period. Net sales for the period were 2.926 billion dollars compared to 2.846 billion […]

China’s ecommerce company JD.com, Inc. has reported net revenues for the second quarter of 122.3 billion Chinese yuan (218.5 billion dollars), an increase of 31.2 percent from the second quarter of 2017. The company said, net service revenues for the quarter were 11.8 billion Chinese yuan (1.8 billion […]

After partnering up with Microsoft to incorporate artificial intelligence in its business and setting up a retail data academy to step up its employees’ “data literacy”, Marks & Spencer has taken one more step towards becoming a more digital-savvy retailer. This time, it has joined forces with cloud […]

Founded in 1976 by Gao Dekang, Bosideng has 7,579 retail outlets across China, making it the largest down clothing company in the country. In October 2007, Bosideng International Holdings Limited was listed on the Hong Kong Stock Exchange and through years of development is now valued at 26.818 billion […]

In its trading update for the second quarter ahead of half year results, Mavi has announced that throughout the challenging environment in the Turkish market in the first half of 2018, the company has continued to deliver strong sales growth across all retail, wholesale and online channels in Turkey. […]

Threads of Apollo – an online apparel company whose purpose is to provide premium, luxury full-grain leather jackets to its customers, without the costly retail markup – has announced the launch of their new line in time for the approaching fall/winter. Following the success of the company's Kickstarter […]

Everything's coming up nothing for Randa. Perry Ellis has announced they have ended talks with the accessories maker about a potential deal to be bought by them. Instead, Perry Ellis will be sticking with the original offer by its second-largest shareholder and founder George Feldenkreis as reported […]

American department store operator Macy's said on Wednesday its Q2 revenue for 2018 increased 1.1 percent. Revenue for the first half period also rose 1.1 percent to 11.112 billion dollars. Hover over the graph to learn more. The company’s sales in Q2 2018 were 5,572 million US dollars, up from 5,636 […]

Hampshire-based clothing retailer Fat Face has posted an increase of 7.4 percent in its annual sales to 238.4 million pounds (303 million dollars) in the 52 weeks to June 2, 2018 with a like-for-like growth of 4.9 percent, reports Yorkshire Post, quoting a company statement. Fat Face’s Chief executive […]

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