Expansion into Russia has hit profits from Finland-based retailer Kesko's food division in the first half of the year. Kesko, which is looking to open its first food stores in Russia, said operating profit excluding non-recurring items ...
Tags: Kesko, food division, food retailer, food industry
In Fashion & Leather Goods, Louis Vuitton continued its double-digit growth (+ 17 %). The Wines & Spirits business (+ 22 %) as well as that of Perfumes & Cosmetics (+ 12 %) saw an acceleration in revenue growth compared to the trends seen ...
Tags: cosmetics, first quarter, revenue, LVMH, sales 2012, perfumes
UK frozen food retailer Iceland Foods has reported a 14% increase in full-year profits as it reported a solid increase in sales despite fierce competition. Iceland booked net profit before tax of GBP147.5m (US$229.8m) for the 53 weeks to ...
Tags: UK, frozen food, Iceland Foods
French retailer Auchan has become the latest major name in the sector to plant a flag in India. The privately-held company, which has stores in the Middle East, China and Russia, has struck a franchise deal with Dubai-based Landmark ...
Tags: BRICs, Auchan, retail sector
Officeworks is feeling the impact of "challenging" trading conditions with a meagre 0.3 per cent increase in sales in the first quarter. Total sales for the quarter were $362 million, up from $361 million reported for the previous ...
Tags: Officeworks, reports, challenging, online sales
Dick's Sporting Goods Inc.,the largest U.S.-based full-line sporting goods retailer,reported sales and earnings results for the third quarter ended October 27,2012. Third Quarter Results The Company reported consolidated net income for ...
Tags: Dick's Sporting Goods, full-line sporting goods retailer
Myer Holdings Limited(MYR)reported first quarter total sales for the thirteen weeks to 27 October 2012 of$688.0 million,up 1.0 percent compared to last year.On a comparable store sales basis,sales were up 0.8 percent compared to last year. ...
Tags: Myer Holdings, first quarter total sales, Menswear, Womenswear, Cosmetics
The opening celebration will be held for the new Marimekko store in a prominent location in Helsinki city centre,on the corner of Keskuskatu and Aleksanterinkatu.The light,high-ceiling interior in an attractive old masonry building provides ...
Tags: Marimekko, New Store, fashion-focused range
PPR posted third-quarter 2012 revenue of€2.6 billion,up 6.6%versus the same 2011 period on a comparable basis,and advanced in all geographic areas. This solid performance reflected further sustained growth in all luxury brands.The ...
Tags: PPR, luxury brands, revenue, Sport&Lifestyle division
During the 1H FY13 Reliance Retail witnessed strong growth through new store launches and same store sales growth.Turnover grew by over 48%to'4,910 crore($928 million)as compared to the corresponding period of the previous year.Unique ...
Tags: Reliance Industries, retail, strong growth, profit
The Fast Retailing Group releases results summary for the year ended on August 2012. FY2012 Highlights: Fast Retailing Generates Growth in Sales and Income Group Performance: The Fast Retailing Group generated significant gains in ...
Tags: Fast Retailing Group, sales, income
Moncler continues its rapid programme of store openings and inaugurates the new single brand store in Turin.Following the recent opening of Budapest,the store network of the Maison rises to 83 freestanding boutiques. First capital city of ...
Marimekko is opening its own retail store in Lappeenranta, and November will see the opening of a company-owned Marimekko store in central Helsinki. New Marimekko stores and shop-in-shops will also be opened in Tampere, Kuopio, Kouvola and ...
Tags: Marimekko, own retail store, expanding, investments
Saks Fifth Avenue shoppers now have more options when it comes to sharing new purchases and reviews. As part of a corporate initiative to create a more connected, interactive shopping experience for customers, Saks Fifth Avenue announced ...
Tags: AT&T, Saks Fifth Avenue, AT&T Wi-Fi, AT&T Wi-Fi network, Wi-Fi service
La-Z-Boy Incorporated reported its operating results for the fiscal 2013 first quarter ended July 28, 2012. Fiscal 2013 first-quarter highlights : Sales for the first quarter increased 7.6% compared with the fiscal 2012 first ...
Tags: La-Z-Boy