Financial Results

Zalando’s customer base surpasses 50 million

Zalando, European fashion and lifestyle retailer, has announced that its customer base grew 6% more than 51 million last year…

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Victoria’s Secret sales fall 6% in FY22

Lingerie retailer Victoria’s Secret recently announced that sales for the full-year 2022 fell 6% compared to the previous year and…

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Could stationery retailers be facing a future in concessions?

Stationery retailers have not had a brilliant start to the year, as shown by a succession of less-than-stellar financial results…

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H&M confirms regional UK store closures

Fast fashion retailer H&M has confirmed that it will be closing a number of stores across the UK in Burton,…

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What makes a successful retail leader?

It is undeniable that the retail industry has gone through a rollercoaster of a year; footfall has mostly stayed low…

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Paul Smith halves operating loss as FY sales surge 35%

Fashion retailer Paul Smith has almost halved its operating loss from £16.16m to £8.25m for the year ended 30 June,…

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Ikea UK profits fall by nearly a fifth despite £2.2bn in sales

Ikea UK has announced that its profits have fallen nearly a fifth to £49.6m, despite posting sales of £2.2bn for…

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Revolution beauty announces new CEO

Multi-channel beauty company Revolution beauty has announced Bob Holt OBE as its new CEO. Holt has been interim CEO at…

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Black Friday: How can algorithmic retailing ensure a successful event?

Worldwide activity surrounding Black Friday has never been stronger. In the US, over 53% of consumers plan to make a…

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Asos to axe 100 roles

London-based fashion retailer Asos is planning to axe 100 job roles, following a £32m pre-tax loss this year.  It is…

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