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Supermarkets
Asda chief Roger Burnley completes early resignation
Asda has announced that Roger Burnley has stepped down from his role as chief executive at the group following its…
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High Street
Footfall stalls due to ‘turbulent’ July weather, says BRC
Total footfall across the UK declined 28% for the four weeks to 31 July 2021 when compared to the same…
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Clothing & Shoes
Adidas raises FY guidance amid 51% Q2 revenue growth
Adidas has reported a 51% year-on-year growth to group revenues of €5.08bn (£4.33bn) in the second quarter of FY21. The…
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High Street
Next store staff step closer to equal pay victory
Next has conceded that it can compare the roles of its store workers and distribution centre and warehouse employees, bringing…
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Luxury Goods
Hugo Boss reaches near-pre-pandemic sales levels
Hugo Boss has reported a near-return to pre-pandemic sales of €629m (£536m) in Q2 FY21, falling 4% when compared to…
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Clothing & Shoes
New Look posts Q1 profits of £15m
New Look has swung to a £15m adjusted EBITDA profit in the first quarter of FY22, compared with losses of…
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Clothing & Shoes
VF Corp H1 revenues soar 104% to $2.2bn
VF Corporation, the apparel and footwear group, saw revenues increase 104% year-on-year to $2.2bn (£1.58bn) in H1 FY22. The owner…
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Clothing & Shoes
Capri Holdings sees Q1 revenues reach $1.25bn
Multinational fashion company Capri Holdings has reported a 178% year-on-year spike in total group revenues to $1.25bn (£898m) for Q1…
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Analysis
Impulse buying can help an online brand grow, if it’s done correctly
Impulse buying isn’t just a tactic used by bricks & mortar retailers, where shoppers are tempted with inexpensive treats as…
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Luxury Goods
Hermes H1 net income reaches £1bn
Women’s bags and clutches retailer Hermes saw net income soar to €1.17bn (£999m) during the first half of FY21, up…
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