Bestseller saw rising womenswear sales in its latest year but most profit came from menswear. And while its CEO was happy with the results, he said the new year is proving tough and the company needs to work harder.
With Black Friday, one of the most important shopping days of the year, only two days away, the e-commerce giant has exposed several customers’ names and e-mail addresses on its website due to a “technical error”.
According to a holiday shopping report released by the NRF and Prosper Insight & Analytics on Wednesday, young adult consumers are the age group most likely to increase their spending over the festive season this year.
States are passing laws requiring online sellers to collect and remit sales taxes - including laws covering spending online during the holiday shopping season. But analysts say this might not give states what they hope.
Sosandar is continuing its sales climb with the company saying that its revenue soared over 400% in the latest half and that current trading is in line with expectations, its website seeing “record sales” in October.