Nike Inc. reported earnings rose 3.5 percent in the third quarter, to $685 million, or 76 cents a share. Revenues advanced 12.7 percent to $6.97 billion. Both earnings and revenues surpassed Wall Street targets. Nike Brand revenues grew ...
Tags: Nike, Sporting Goods, Apparel, Accessories
Inditex's net sales increased by 5% in FY13 (1 February 2013 - 31 January 2014) to €16.7 billion. Sales in constant currency terms grew by 8% and like-for-like sales grew by 3% during the same period, on top of the 6% achieved in FY12. ...
Adidas announced plans to open a new global retail concept, HomeCourt, premiering in the brand's largest store, the Adidas Brand Centre in Beijing/China. HomeCourt will be implemented in 25 stores globally over the course of 2014. ...
Tags: global retail concept, three distinctive sales channels
VF Corp reported revenues rose 8 percent in its fourth quarter to $3.3 billion, compared with the same period of 2012, driven by double-digit growth in its Outdoor & Action Sports, Sportswear, international and direct-to-consumer ...
Tags: Sporting Goods, Recreation
HOUSTON — Mattress Firm, the nation's largest chain of sleep shops, is in talks to acquire fellow Top 100 retailer Sleep Train, according to a story in today's New York Post. The Post story said the deal, which would combine two of ...
Tags: Mattress Firm, acquisition, Sleep Train
UNIQLO USA announced it will continue its expansion in the U.S. by opening five new stores this spring/summer. These new stores will expand the brand's presence and mark UNIQLO's first entry into the greater Philadelphia metropolitan area. ...
Tags: UNIQLO USA, Apparel
Sofa giant CSL has completed a wholesale rebrand as it revealed it is on target to reach sales of £100m for the first time. By Christmas all 26 of the firm's stores will be operating as Sofaworks as part of the family-owned retailer's ...
Tags: Sofa, Furniture, Furnishing
Driven by robust performance of its fashion business, Japan’s Aoki Holdings notched up a healthy sales performance in the first half of the current financial year 2013-14. The company, which operates famous brands such as AOKI ...
Tags: Aoki Holdings, Apparel
The steady Australian growth of US retail giant Costco is set to continue, with the retailer gearing up to open two new stores in Sydney and Melbourne within the next two months. The retailer is putting the finishing touches on its ...
Fang Ying’s December wish list of Louis Vuitton handbags and Chanel perfume is not only for Christmas. Fang, 33, a secretary working in Shanghai, writes one every month for friends and family traveling abroad. Fang is not alone. ...
Tags: handbags, perfume, Luxury Spending
T.M.Lewin, one of the UK’s leading retailers of high quality men’s and women’s businesswear, has commenced a major International expansion plan with the company opening at least one new store or concession a week for the ...
Tags: Business Wear, TM Lewin
THE WOODLANDS, Texas — Powered by a 35.1% same-store sales gain and a 95% gain in furniture and mattress sales, retailer Conn's said its third-quarter profits were more than double last year's third quarter. The company, which ...
Tags: furniture and mattress sales, furniture retailer, Conn
ATLANTA — Havertys reported that its written business for the fourth quarter through November was up about 7.9% over last year, and also announced details on the openings of three stores. The -based Top 100 company said the sales ...
Bassett Furniture Inds.' board has declared a special dividend of 20 cents per share, payable Dec. 20 to shareholders of record on Dec. 10. "2013 has been a year of improved performance for Bassett as sales and operating profit have ...
Tags: Furniture, Furnishing
Regional grocery clearance retailer is wrapping up a big year, with record sales and four new stores launched in Victoria between August and November. “This year has seen unprecedented growth for us regional Victorian ...