Columbia Sportswear Company’s has increased its pan India footprint by adding six more stores to the existing six already operating in India and took the store count to 12. Columbia Sportswear’s Indian distributor, Chogori ...
Tags: Columbia Sportswear, Sportswear
During the past year, 900 million litres of water was saved by Lindex suppliers through cleaner production projects in India and Bangladesh. According to a press release from the Swedish fashion retailer, Lindex also became a partner ...
Tags: Lindex suppliers, fashion retailer
The world’s biggest online retailer, Amazon.com reported a net loss in the first quarter ended March 31, 2014 as against net income in the corresponding quarter of 2014. Net loss in the first quarter of 2015 stood at $57 million or ...
Tags: Online Retailer, Amazon
House of Fraser has updated the market on the performance of its parent company, Highland Group Holdings, for the 53 weeks to 31st January 2015. The retailer has announced record sales, up 5.8% on a like-for-like 52 week basis (excluding ...
Tags: House of Fraser, Furniture
A new research in England says that while the UK’s leading clothing retailer Marks and Spencer has encouraged more sustainable consumption of clothes, such successes are unlikely to be replicated on a larger scale without more ...
Africa’s Ackermans, fashion retailer and part of the Pepkor Group of companies, has selected Centric 8 product lifecycle management (PLM) software. Renee Jain, supply chain systems manager of Ackermans said that the value fashion ...
Tags: African Fashion, Ackermans
On a GAAP basis, operating profit surged 25 per cent to $90 million while earnings per share (EPS) rose higher by 30 per cent to $0.13, both up from the year ago quarter at HanesBrands in the first fiscal quarter ended April 4, 2015. ...
Tags: GAAP basis, Hanes
In constant currency, sales at UK fashion retailer Primark were 15 per cent ahead from the first half of fiscal 2014, for the 24 weeks period ended February 28, 2015,. At actual exchange rates and as a result of the weakening of the ...
Tags: fashion retailer, Primark
Women’s apparel retailer Ann Inc has partnered with ‘Give Back Box’, a social enterprise organisation dedicated to facilitating charitable donations and sustainability. Through the partnership, Ann gives clients the ...
Tags: Used Clothing, Used Boxes, Women's apparel
North Face, an apparel and footwear brand owned by VF Corporation said it has expanded its ‘Clothes The Loop’ recycling programme to all of its retail and outlet stores in the US. In tandem, it will also run an in-store and ...
Tags: North Face, Apparel Recycling Programme, apparel, footwear
Italian fashion retailer Benetton said it has contributed an additional $1.1 million to the Rana Plaza Trust Fund, doubling the sum recommended in an independent assessment of its contribution by PwC. “This payment of $1.1 ...
Tags: fashion retailer, Benetton, Apparel
"In the UK, our strategy of reducing promotional and discount activity and returning to being a full-price retailer has continued to stabilise margin." Mothercare has reported a 5.1 per cent increase in UK like-for-like sales for Q4 2014. ...
Tags: Mothercare, Like-for-Like Sales
Swedish retailer H&M has extended its digital sales service to three new European markets- Slovakia, Bulgaria and Hungary. According to a latest press release from the company, the newly launched e-commerce service will offer a wide ...
Tags: European Markets, H&M
Good weather and lighter evening have driven sales of outdoor toys this Easter, says the retailer. Sales of outdoor toys rocketed by around 95 per cent thanks to good weather and lighter evenings this Easter, according to High Street ...
Tags: Trampoline Sales, outdoor toys
For the second quarter of fiscal 2015 ended February 28, 2015, net income per diluted share slipped 16 per cent year over year at NYSE listed Family Dollar Stores. In the second quarter of fiscal 2015, Family Dollar reported net income ...
Tags: Family Dollar, effective tax rate