All Fashion articles – Page 693
-
News
1,000 Uniqlo stores to open in China
Fast Retailing has announced plans to open 1,000 Uniqlo stores in China within 10 years, generating ¥1 trillion (£7.47bn) in sales.Uniqlo will open a 38,000 sq ft flagship store in Shanghai this weekend, giving it a total of 65 stores in China. Beginning in the fiscal year 2012, Uniqlo will ...
-
News
H&M ito open its first store in the southern hemisphere
H&M is looking at opening its first store in the southern hemisphere. Chief executive Karl-Johan Persson said Brazil and Argentina were “very interesting”, but H&M is also looking at Australia. At present none of the retailer’s 2,000 stores are located south of the equator.Persson confirmed that the retailer has the ...
-
News
Macy's like-for-likes up 5.5%
Macy’s has reported $5.57bn (£3.85bn) sales in the first quarter, an increase of 7.2% compared with the same period last year. Sales were up 5.5% on a like-for-like basis.Online sales (Macys.com and Bloomingdales.com combined) were up 34% in the period.Net income was $23m (£15.9m), compared to an $88m (£60.9m) loss ...
-
News
Nordstrom like-for-likes up 12% in Q1
Nordstrom has reported that net income rose 43.8% to $116m (£80.5m) for the first quarter ended May 1. Total sales rose 16.7% to $1.99bn (£1.38bn) while like-for-likes were up 12%. Multichannel like-for-likes increased 13.7% while full-line like-for-likes rose 11.7% and direct sales were up 38.7%. Nordstrom Rack like-for-likes rose 1.9%.Nordstrom ...
-
NewsMenswear sales improve at French Connection
French Connection saw like-for-like retail sales in the UK and Europe fall 1.9% for the 14 weeks ended May 14, but performance was ahead of plan and better than last year thanks to improved gross margin and cost controls.
-
NewsM&S recruits 1966 World Cup winners to front menswear campaign
Marks & Spencer will launch a new menswear advertising campaign on Friday, featuring players from the 1966 World Cup-winning England team as well as members of the current England squad.
-
NewsJames Bidwell leaves Anthropologie
Managing director of Anthropologie Europe James Bidwell has left the retailer after a business restructure made his role redundant.
-
NewsJaeger sales flat but EBITDA climbs
Jaeger reported flat sales at £85.5m in the year to February 28, and a 16% increase in EBITDA to £7m.
-
NewsEthel Austin reborn as Life & Style
Elaine McPherson, the former owner of Ethel Austin, has secured an injection of funds to launch fashion and homewares chain Life & Style, born from the ashes of the value chain which she rescued from administration for a second time in March.
-
NewsOne New Change signs clutch of retailers
One New Change, the new shopping centre located in the City of London, is 90% pre-let or in solicitors’ hands.
-
NewsInflation hits 3.7% in April
Consumer price inflation (CPI) rose in the year to April to 3.7%, according to the Office for National Statistics.
-
NewsBaugur boss stands down from Iceland board
Former Baugur boss Jón Ásgeir Jóhannesson has stepped down from the board of frozen food specialist Iceland and confirmed that he has also retired from the House of Fraser board after a $2bn fraud lawsuit was filed against him in the US.
-
NewsPhase Eight in management buy-out
Phase Eight, the womenswear retail chain, is set to be taken over by its management in a deal backed by Russian investors, ending its links with the private equity arm of Icelandic bank Kaupthing.
-
NewsH&M like-for-likes decline 6% in April
H&M’s group like-for-like sales fell 6% in April compared with the same month last year.
-
NewsPeacocks considers sale
The owners of Peacocks Group are considering appointing advisers to examine the value retailers’ options as it mulls a possible sale, it is understood.
-
Opinion
Endearing Eccentricity
Harrods is in many respects a weird place, but nonetheless is a very good retailer.
-
NewsPrimark finance director Paddy Prior to step down
Primark’s long-serving finance director Paddy Prior is set to step down from the value chain.
-
NewsMohamed Al Fayed: 25 crazy years in retail
Always controversial, always eccentric and not a man to be crossed, UK retail will be a less colourful industry following Mohamed Al Fayed’s £1.5bn sale of Harrods this week.
-
NewsM and M Direct adds a splash of colour
Etailer M and M Direct is launching a limited edition designer Splashmac collection with the help of celebrity models.
-
NewsInconclusive election was ‘almost as bad as Lehman Brothers’
Store groups’ sales collapse after inconclusive election spooks shoppers