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...Equip posted a 25 per cent increase in revenues to £119.9mn for the year to January 31, according to Companies House filings....
...It is not just looking at the clothing industry....
...The stock, worth $345 when the company went public in October 2021, now trades at just over $11, to give RTR a market value of $41mn....
...At worst, some follow trends too closely and produce child-sized versions of adult clothing, which can feel inappropriate....
...Like-for-like sales of clothing and home goods rose 4.8 per cent to £1.2bn, above expectations of 2.8 per cent, partly because the company offered fewer discounts....
...ReSee’s very first “drop” was a 200-plus strong collection from Yves Saint Laurent’s Rive Gauche line, which came into the company’s hands by way of a local collector, setting its reputation for selling...
...Sales of food were strong during the period although overall growth was damped by weak performance in general merchandise, clothing and fuel....
...Chief Executive Officer David Risher’s response to a clerical error that unintentionally inflated the company’s earnings outlook on Tuesday and sent shares soaring: “My bad.”...
...Nwokorie’s mandate is to drum up demand for boots, company insiders say....
...ONS senior statistician Heather Bovill said “hardware stores, furniture shops, petrol stations and clothing stores all reported a rise in sales”....
...It posted a pre-tax loss of £70mn on sales of £380mn in the year to January 31 2023, according to its most recent filings at Companies House....
...This is a good deal only for the clothing companies (along with TikTok and a small number of its influencers)....
...The company said there had been strong growth in Asia, led by Japan, in its fourth quarter....
...A tie-up would give Tapestry a dominant slice of what the company has identified as the “accessible luxury” handbag market, the FTC said....
...British retail sales beat analysts’ expectations of a contraction and remained flat last month, as growth in clothing purchases offset falling food sales....
...But he has revived the two brands, bringing them together under the banner of a new company, Walter Grant Norton, and rehiring the entire workforce....
...The company, which owns Argos and the Tu clothing brand, also said it would take a £150mn one-off cash hit as a result of the three-year plan....
...By contrast clothing and home sales in M&S’s most recent quarter grew 4.8 per cent, ahead of the market....
...Tarry joins at a time when John Lewis is under pressure to compete with rival Marks and Spencer, which GlobalData forecasts will continue to gradually increase its market share in the UK clothing and footwear...
...The London-listed clothing company last month filed a claim with the court calling for the world’s richest club to stop showing the beer brand on its sportswear....
...H&M and Zara were the first fast-fashion retailers, selling trend-led clothing at affordable prices....
...Like-for-like food sales rose 9.9 per cent in the most recent third quarter; clothing and homeware was up 4.8 per cent on the same basis....
...GlobalData forecasts that rival Marks and Spencer will continue to gradually grow market share in the UK clothing and footwear sector out to 2027, while John Lewis’s share is expected to stagnate over the...
...For Shein, huge demand for its clothing lifted its sales to $23bn last year, making it a profitable company and preparing it to become one of the biggest listings of the past decade. There are risks....
...around the company....
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