Premium outdoor brand Roots ended fiscal 2018 with a net sales jump of 0.9 percent reaching $329 million. Despite a profit dip for both the final quarter and full-year, earnings managed to surpass analysts' expectations.
Premium Paris-based womenswear brand Ba&sh will open a store in the Carnaby area. The new location will be at 20 Beak Street, at the bottom end of Carnaby Street and not far from upscale Regent Street.
Premium outlet chain Saks Off 5th is reportedly set to leave the German market just two years after its launch. All eight stores, which sell premium fashion at discounted prices, are due to close in the summer.
With the Super Bowl just around the corner, the US retail giant has announced a long-term partnership with the licensed sportswear e-tailer and launched a specialty store dedicated to fan gear on the Walmart website.
Procter & Gamble Co raised its sales forecast for the year on Wednesday after quarterly results topped Wall Street expectations, boosted by price hikes and strong demand for premium fabric and skin care products.