Don't miss this week
Aldi’s disruptive model has led to an historic structural shift in grocery. And it’s only just getting started.
Read the Retail Week & Fits.me Ecommerce in fashion supplement as a fully digital edition.
Fashion price data from the week ending October 01, 2014: The average online price per item and percentage of products on markdown from the top ten womenswear retailers.
Ted Baker’s half-year profits have jumped by 24.2% and ecommerce sales at the fashion retailer have surged by almost 50%.
Retail news round-up on October 2, 2014: Decathlon to trial smaller store format; Ocado boss Steiner predicts online will acount for 40% of grocery sales in ten years; and supermarket shares hit 11-year low.
Sainsbury’s has reported like-for-like sales excluding petrol down 2.8% for its second quarter, as boss Mike Coupe warns the second half is likely to be as tough.
Zalando, Europe’s biggest fashion etailer, has listed on the Frankfurt stock exchange today with a value of €4.9bn (£3.8bn).
Ted Baker posted a strong first-half performance. Here analysts highlight the most important points from the fashion group’s update.
It seems a little incongruous to call JustFab an emerging retailer. The US ecommerce site expects to turnover $500 million in 2015, is eyeing an IPO, is valued at $1bn and already operates in seven countries.
The North wind won’t blow. And never mind snow, there’s barely a sign of autumnal crispness in the air. It’s tough for fashion retailers.
Zara UK’s operating profit fell by over a third in the year to the end of January 2014 because of increased costs, while its sales increased by just £15m.