The online fashion resale platform achieved revenues of $63.3 million in the third quarter of 2021, an increase of 35% when compared to the $46.9 million reported by the company in the same period in the previous year.
The Vaughan, Ontario-based personal care group reported a net loss of $103.1 million, or $2.81 per share, in the third quarter ended September 30, 2021, as goodwill impairment compounded the effect of stumbling sales.
If there was an award for the best-performing retailer throughout the pandemic and beyond, Watches of Switzerland would be at least shortlisted. It has reported yet another "strong performance", this time for H1.
Future Retail has asked the country's top court to stall a Singapore arbitration panel's decision to freeze a $3.4 billion asset sale after e-commerce giant Amazon had sought to block the deal.
Hotter Shoes has been driving through big changes in recent periods and it seems to be having a positive effect on its bottom line with the firm saying revenue was £50.4 million in the 12 months to the end of October
Associated British Foods’ results for the 53 week to 18 September show how hard its star Primark brand was hit during the pandemic, but also just how well it’s bouncing back.
Premium outlet malls operator VIA Outlets said it has raised €600 million in its inaugural green bond issuance and saw “high demand”. The proceeds will be used to refinance most of its outstanding secured debt.
Acquired by the UK-based luxury e-tailer in 2019, New Guards Group has acquired 60% of Palm Angels, the high-end streetwear label founded by Francesco Ragazzi, which has seen strong growth over the last two years.
PayPal Holdings Inc beat Wall Street estimates for quarterly profit and said U.S. users of its peer-to-peer payment service Venmo would be able to pay on Amamzon.com starting next year.
Coty forecast annual earnings largely above estimates on Monday, as the cosmetics maker benefits from cost cuts to ward off inflation impacts and a revival in demand for its products at airport duty-free stores.
Richemont surged on the Swiss stock exchange on Monday on press reports that the US activist hedge fund Third Point has bought a stake in the luxury goods group.
Brazilian footwear group Alpargatas, whose sales jumped 35% in the first nine months of the year, will invest BRL600 million (€94 million) to bolster the growth of Havaianas.
The sports and footwear retailer announced on Monday that it has teamed up with the streetwear designer to launch All City by Just Don, an exclusive lifestyle brand inspired by basketball and sneaker culture.
M&S management is expected to deliver an upbeat message on its continuing recovery this week, including a marked clothing revival, but there remains one shadow: growing supply chain issues.
Selfridges has held talks about selling off its web operations, a report has claimed, and it’s unclear whether this might still be an option as the retailer holds talks to sell itself.
