Total sales for the week to September 29, John Lewis & Partners said in a statement, were up 1.8 percent compared to the same week last year, while overall fashion sales rose 5.6 percent on last year. The company added that sales of the company-owned brand womenswear continue to be strong with sales […]

ReBound, the global returns management platform used by online clothing retailers including Asos, Gymshark and Charles Tyrwhitt, has received investment from BGF to support its international expansion and IP development. Although the terms of the deal have not been disclosed, ReBound has confirmed that […]

Sports Direct, the new owner of House of Fraser has dismissed the former directors and senior management of the department store chain, just weeks after acquiring the retailer from administrators. In a one-sentence statement to the Stock Market, Sport’s Direct owned by Mike Ashley, simply clarified […]

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, 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 […]

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