Clothing retailer C&A will continue to expand its branch network in Europe, unfazed by the global economic downturn, it said on Wednesday 22 April after reporting a rise in full-year sales and market share.
H&M reported a bigger than expected 3% year-on-year fall in sales at established stories in March. The forecast had been for sales to fall 0.2% from a year earlier with predictions ranging from a fall of 3% and a rise...
The homages to Pharaonic Egypt, ice rinks and shark-filled aquariums in Dubai's many malls still attract crowds, but retail in the Gulf Arab boomtown is looking fragile as luxury-lovers turn into bargain-hunters.
Europe's biggest clothing retailer Inditex said on Wednesday March 25 it made a net profit of 1.253 billion euros ($1.71 billion), slightly higher than last year's figure and broadly in line with forecasts.
Spanish retail sales plummeted by a calendar-adjusted 5.4 percent in January compared to a year earlier, the 14th straight month of falls, although the pace of contraction slackened from the previous month.
Swedish fashion giant Hennes & Mauritz (H&M) is likely to feel some effects from the global financial crisis but is doing better than some of its competitors, the company's top executive said on Thursday March 12.
Fashion retailer Hennes & Mauritz AB posted a smaller-than-expected 1 percent year-on-year fall in January sales at established stores.The mean forecast in a Reuters poll of 12 analysts had been for sales to fall 2.