Cautious optimism sums up JD Sports Fashion’s outlook as the UK-based sports, fashion and outdoor retail giant raised its profit guidance for 2022 on Thursday. And sales for the new year's Q1 are also ahead.
It may be up for sale, but Ted Baker’s expansion plans are clearly not on hold. It intends to open a new store at Milton Keynes’ centre:mk mall as the retailer continues to mull “a number of non-binding proposals".
Superdry CEO Julian Dunkerton talked of making progress when he delivered a full-year/Q4 update on Thursday. And while it clearly has some way to go before it's back to full health, it appears to be on the right track.
Wolverine World Wide announced on Wednesday a 20% uptick in revenues for the first quarter, as strong demand for the U.S company's portfolio of brands outweighed continued supply chain challenges and macro headwinds.
Resale is hot news at present as companies raise funds, open stores and appoint execs. And the latest news is that Gymshark’s ex-chairman Paul Richardson has taken the same role at fashion resale start-up Haru.