E-tailer Sosandar is continuing to make huge leaps forward as far as sales growth is concerned, but the money it's spending on driving that growth means its losses will also grow in the short term, it said Monday.
The gradual retreat of retailers from physical spaces is continuing with the latest slate of store closures coming from Jack Wills, which is now owned by Frasers Group. One central London store is on the closure list.
Primark continued to progress in the first quarter of its new financial year with new stores boosting the UK, while France and Italy looked strong and its US stores turned in a a positive like-for-like performance.
Just in time for Valentine’s Day, the Swedish sock brand known for its bright and colorful designs is releasing a collaborative collection with Linda Ramone, fashion icon and wife of late great guitarist Johnny Ramone.
John Lewis Partnership has been having a turbulent time of it lately, its previous status as an almost-unstoppable retail powerhouse having been seriously damaged by a string of poor sales and profits results.