Finnish retail giant Stockmann's Q2 and half-year results showed a dramatic improvement all round. Revenue rose over 20% in the last three months, while the gross margin and adjusted operating profits jumped too.
Concerns have emerged that Morrisons may face heavy costs after it's been taken over by private equity. The lead bidder will conduct a review of the property portfolio, raising the spectre of sale/leaseback deals.
In a surprise move, Ted Baker said on Friday that it’s moving to a new London HQ. It will resettle in Fitzrovia, with the new home costing much less than the existing head office it has operated from for 20+ years.
The Colorado-based footwear maker reported record Q2 revenues of $640.8 million on Thursday, a year-over-year increase of 93.3%, and revealed a new goal to become a net zero emissions company within the next decade.
Kurt Geiger-owned women’s footwear and accessories retail brand Carvela has opened a standalone store at the Landsec-operated Bluewater mall in Kent. It becomes Carvela's seventh UK store and first in the South East.
Fast-growing fashion retail giant Next said on Wednesday that it had easily beaten its own expectations for full-price sales, with the last 11 weeks seeing an 18.6% surge compared to the same period in 2019.
Following the appointment of the rapper as PacSun’s guest artistic director, the youth-focused fashion retailer has revealed the first fruits of the partnership: two collaborations, with Vans and Russell Athletic.
Footwear brand Crocs has been enjoying something of a revival in popularity and demand has rocketed further since contestants on Channel 4's latest Love Island TV series have been seen wearing the distinctive clogs.
Fast Retailing has cut its annual profit outlook as extra Covid restrictions in Japan and elsewhere dented footfall. But its nine-month and Q3 performances were broadly strong and Theory improved in the latest quarter.