Home and fashion retailing company Laura Ashley has built its stake in under-offer suit chain Moss Bros Group up to 9.79% from 6.61% at the end of last month.
Athletic footwear firm K Swiss has signed a definitive agreement to purchase 57% of French footwear brand Palladium SAS for EUR5.3m (US$8.33m), the company has announced.
UK retail giant Marks & Spencer has finally broken through the GBP1bn profit barrier for the first time in more than a decade. But instead of rejoicing at its turnaround under the guidance of CEO Sir Stuart Rose, industry observers
First quarter loss at teen clothing retailer Hot Topic Inc has widened on lower sales at its namesake stores and costs relating to an online music venture.
First quarter profit at Charming Shoppes Inc has slumped as fewer customers visit its stores, prompting the women's plus-size apparel retailer to forecast weak second-quarter results.
Off-price retailer Ross Stores Inc has posted better-than-expected first quarter sales and earnings, helped by strict inventory and expense management, and has raised its guidance for the full year.
Limited Brands reported that its 2008 first quarter net income was US$97.8m compared to $52.9m in the comparable period last year, following a pre-tax gain of $128m related to the sale of a non-core joint venture.
Spanish women’s fashion chain Mango has opened a 300 square metre shop in Argel, marking its entry in Algeria where it hopes to open more stores in coming months, the company announced today (22 May).
UK high street fashion brand French Connection Group presented flat sales in an interim statement covering the period from 1 February to 17 May 2008, and forecast an ongoing slump for its men's wear.
After being inspired by various sports-related clothing brands for athletes, Los Angeles-based college counselor launches new career- and major-based fashion brand, Most Valuable Majors (MVM) to represent great students and professionals. (PRWeb May 22, 2008) Read the full story at
Citi Trends, the US-based value-priced retailer, said its Q1 net income was US$5.2m compared with $5.7m in last year’s first quarter, despite increased sales.
US Retail group The Gymboree Corporation has reported earnings of $25.0m for the first fiscal quarter, up from $20.9m for the same period of the prior year.
Improved inventory management and cost control mean women’s wear retailer The Talbots Inc is on track to meet its full-year guidance the company said today (21 May).
On Wednesday May 21, 2008 40,000 British fans were in Moscow for the Champions League football final. The much anticipated game between Manchester United and Chelsea has attracted a lot of attention. It is the first Champions League final in
Company Expands Distribution to Canada following its 200% YTD Growth (PRWeb May 21, 2008) Read the full story at http://ww1.prweb.com/releases/2008/05/prweb956624.htm
