Steinhoff International has published its unaudited results for 12 months ended 30th June 2016. As indicated previously, the group reports unaudited revenue growth of 33% to €13.1b, while operating profit improved by 32% to ...
Ecommerce furnishings giant Wayfair has reported its Q2 financial results, citing a direct retail revenue – sales generated primarily through the sites of Wayfair's five brands – increase from $315.4m to $755.7 m, up 71.6% YOY. ...
Group revenues climbed 12.9 per cent year over year at UK apparel marketer SuperGroup Plc for the fiscal ended April 25, 2015. According to a press release, Group revenue was up 12.9 per cent to £486.6 million in fiscal 2015 over ...
Li Ning widened its loss in 2014 to RMB743.5 million ($125 mm) from RMB359.4 milion a year ago. Revenues rose 15.6 percent to RMB6.73 billion ($1.13 bn) from RMB5.82 billion. Li Ning warned in January that it expected to post a loss for ...
Tags: Li Ning, growth phase, Sporting Goods
Online retail apparel sales in India are likely to reach annual turnover of US$ 35 billion by 2020, said Google India director (Ecommerce and Online) Nitin Bawankule, at an event in Mumbai. “By 2020, India is expected to ...
Kiabi, a leading French apparel retailer, has selected Predictix, provider of retail predictive and prescriptive analytics solutions, to implement a unified suite of merchandising and supply chain optimization solutions. Predictix ...
Supported by favorable government policies China’s LED industry initiated a new round of financing during the first half of 2014, according to a Chinese-language report by Consumption Daily. Innovative technology and new products ...
Tags: LED Industry, LED market
LED maker Changelight Co Ltd of Xiamen, China plans to issue 6.07 million stocks to raise a total of RMB800m ($130.39m) in financing in order to expand its production of indium gallium nitride (InGaN) LED epitaxial wafers, according to ...
Will your clothes and accessories change how you live your daily life? Wearable devices like smart watches, glasses and activity monitors were a big topic of conversation at South By Southwest Interactive this week - specifically their ...
Tags: Wearable Tech, Consumer Electronics, fashion
Despite tough economic conditions, revenues for the world's 250 largest retailers reached $4.3 trillion in the last fiscal year (June 2012 through June 2013). The average size of the top 250 retailers exceeded $17 billion according to the ...
Tags: Retail Economy, Service
SuperGroup Plc (‘SuperGroup’ or ‘the Group’), owner of the Superdry brand, announces interim results for the 26 weeks ended 27 October 2013. Financial highlights: • Retail revenue up 19.3%; like-for-like ...
Tags: Supergroup, Apparel
Barnes & Noble returned to a profit in the fiscal second quarter as it invested less in its Nook e-book reader and cost cuts offset lower sales. Its sales missed expectations, however, and its shares dropped more than 3 percent in ...
Berkshire Hathaway reported that revenues from its retail group were up 18.1% in the third quarter to $944 million, which the company attributed partly to "improved comparative results of the home furnishings and jewelry business groups." ...
Tags: Furniture, Furnishing
In the first half, total revenue increased by 14% underlying, with retail growth of 17%, wholesale down 7% and licensing up 2% (both adjusted for Beauty). Adjusted PBT for the six months to 30 September 2013 is now expected to be around the ...
Tags: Burberry, Retail revenue
The Penske Automotive Group, Inc. has signed an agreement to acquire the Commercial Vehicles Group from Transpacific Industries Group Ltd. for a purchase price of $219 million. The completion of the transaction is subject to normal closing ...
Tags: Australian Truck