Inditex, the world's biggest clothing retailer and owner of the Zara brand, said on Wednesday that net profit rose to €654 million while earnings reached €1.1 billion.
Inditex, the world's biggest clothing retailer and owner of the Zara brand, said on Wednesday that net profit rose to €654 million while earnings reached €1.1 billion.
Boohoo raised £50 million in a share placement to help fund the construction of a new warehouse as it reported booming quarterly sales and raised its annual forecast.
Boohoo raised £50 million in a share placement to help fund the construction of a new warehouse as it reported booming quarterly sales and raised its annual forecast.
Topshop has been quick to embrace social media and other technologies to engage with consumers. But it needs to do more. Asos and Boohoo aren't standing still.
Topshop has been quick to embrace social media and other technologies to engage with consumers. But it needs to do more. Asos and Boohoo aren't standing still.
Adjusted operating profit at Green’s Arcadia Group fell 16.5 percent to £211.2 million in the year ended August 27, accounts filed at Companies House show.
Adjusted operating profit at Green’s Arcadia Group fell 16.5 percent to £211.2 million in the year ended August 27, accounts filed at Companies House show.
New Look, which operates 872 stores selling fashion for women and teenage girls, joins other UK apparel sellers such as Next and Marks & Spencer in the retail doldrums.
New Look, which operates 872 stores selling fashion for women and teenage girls, joins other UK apparel sellers such as Next and Marks & Spencer in the retail doldrums.
Fastest-fashion player Boohoo is doubling down on its effort to bring Nasty Gal back from the brink after acquiring the troubled brand’s intellectual property for a song in February. But is it too late for a turnaround?
Fastest-fashion player Boohoo is doubling down on its effort to bring Nasty Gal back from the brink after acquiring the troubled brand’s intellectual property for a song in February. But is it too late for a turnaround?
The move, just six years after Topshop launched in Australia, reflects the tough trading conditions facing the country's bricks-and-mortar retailers.
The move, just six years after Topshop launched in Australia, reflects the tough trading conditions facing the country's bricks-and-mortar retailers.
Boohoo reported a doubling in annual profit, driven by growth in new customers, and said revenue should rise by about 50 percent in 2017-18 as it benefits from recent acquisitions.
Boohoo reported a doubling in annual profit, driven by growth in new customers, and said revenue should rise by about 50 percent in 2017-18 as it benefits from recent acquisitions.
The results show cost cuts by chairman Tadashi Yanai are allowing the retailer to push margins up amid sluggish demand that caused sales to drop in two of three months last quarter.
The results show cost cuts by chairman Tadashi Yanai are allowing the retailer to push margins up amid sluggish demand that caused sales to drop in two of three months last quarter.
The news comes amid strong but unconfirmed speculation that Flipkart is looking at a potential takeover of smaller rival Snapdeal.
The news comes amid strong but unconfirmed speculation that Flipkart is looking at a potential takeover of smaller rival Snapdeal.
Amancio Ortega has put a majority stake in the firm that owns the Zara fashion chain into a holding company to ensure family control remains unassailable after he dies.
Amancio Ortega has put a majority stake in the firm that owns the Zara fashion chain into a holding company to ensure family control remains unassailable after he dies.
The online retailer has been nicely protected from Brexit, but if the British shopper starts to cut back, some of the heady advantage it's enjoyed may start to fizzle out.
The online retailer has been nicely protected from Brexit, but if the British shopper starts to cut back, some of the heady advantage it's enjoyed may start to fizzle out.
In a document filed with the Securities and Exchange Commission, the company’s management has approved a plan for organisational changes expected to cost the brand nearly $300 million. One analyst posited the target could be its struggling subsidiary.
The decline in nonfarm payrolls reported by the Labor Department in its employment report on Friday was the sixth since January 2025 and the second largest.
The Japanese sportswear brand is accelerating global expansion by acquiring race-registration platforms to deepen engagement with runners.
The brands Gap and Banana Republic beat comparable sales estimates.
Christine Hunsicker admitted she falsified financial statements to promote CaaStle Inc. as a valuable, growing business when in reality it was struggling.
The underwear company is anticipating net sales of at least $6.85 billion in the current fiscal year, exceeding analyst estimates and marking the highest revenue since its split from L Brands Inc in 2021.
The Japanese brand is accelerating its expansion in India to capture a greater share of the rapidly growing apparel market and affluent consumer base.
Activist fund Oasis Management Co. is calling on the Japanese personal care company to convene an extraordinary general meeting, seeking a probe into its supply-chain risk management and internal control.