It was another sluggish week for John Lewis Partnership in the seven days to May 4 as overall sales fell 2.5% to £214.66 million. And the John Lewis department stores chain didn’t do any better with a drop of 2.6%.
Kasper Rorsted, CEO of the German group, speaking at the press conference for the publication of the group’s Q1 2019 results, gave further indications about Adidas’s new collaboration with pop star Beyoncé.
EssilorLuxottica posted higher first-quarter sales and maintained full-year targets on Tuesday, just days ahead of an annual meeting where investors are expected to voice frustration over a leadership row at the firm.
The American luggage and handbag brand has collaborated with Starbucks on a collection of exclusive drinkware and accessories which launched in the global coffeehouse chain’s Asia Pacific locations on May 7.
London-listed Koovs, the fast fashion e-tailer that targets the Indian youth market, had good news Tuesday as it updated on its trading performance in the year to March 31 and also shared details on extra funding.
The troubled women’s apparel and accessories retailer announced a net loss of $21.3 million in the fourth quarter of 2018 on Friday, as it suffered the effects of falling sales and a series of one-off charges.
MySale Group has finally made its mind up what it will do with the UK-based Cocosa operation - it’s selling it. The company has entered into an unconditional agreement to sell the website to Brandalley.
JD Williams, Simply Be and Jacamo owner N Brown made a major loss in the latest year as its decision to exit its physical stores put pressure on the bottom line. But it also announced key strategy changes.
European e-tail giant Zalando benefited from surging traffic in Q1, rising customer satisfaction, and more brands realising they need to be working with it, which all meant a sales boom as customers ordered more often.