
Urban Outfitters announced on Tuesday net sales for the first quarter increased 13%, on the back of double-digit growth in retail comparable sales, with inflation and operational costs weighing down company profits.
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Urban Outfitters announced on Tuesday net sales for the first quarter increased 13%, on the back of double-digit growth in retail comparable sales, with inflation and operational costs weighing down company profits.
Allbirds announced last week total revenues for its first quarter increased 26%, on the back of double-digit growth in the U.S. which offset sales lags in its international market.
Fenty Beauty and Fenty Skin will launch across eight different markets in Africa, as the company's founder, Rihanna, looks to expand her skincare and beauty brand across the globe.
The RealReal announced on Tuesday total sales for the first quarter increased 48%, on the back of strong gross merchandise value (GMV) growth, as the online luxury resale platform remained in the red for another quarter.
Many UK trading updates at the moment see retailers reporting weaker sales and reining-in expectations for the year. But Next’s update on Thursday did neither, even though sales guidance for 2022 overall is fairly muted.
Giant comms and tech agency WPP has launched a digital commerce managed service, called Everymile, to provide luxury brands and companies with a “fully outsourced direct-to-consumer (DTC) e-commerce solution”.
Primark’s owner Associated British Foods (ABF) reported its half-year results on Tuesday and they showed that the value-focused fashion chain continues to recover well from the pandemic.
The company led by Thomas Meyer posted a net profit of €3 million and Ebitda of €30 million. However, sales fell 37% short of those recorded in 2019, when they stood at €589 million.
Next has turned in another set of stellar full-year results, but it cut its guidance due to the Russia-Ukraine situation and has also set out its ambition to be the "natural choice" online aggregator.
The group that owns Lanvin, Wolford and Sergio Rossi announced it has inked a deal with China’s Primavera Capital Group with a view to listing on NYSE, for an equity valuation of $1.9 billion.