Marks & Spencer made headlines Wednesday morning as profits went into freefall and fashion sales dipped. But a full-price sales rise and other upbeat news meant the turnaround is on track and the share price is rising.
Brexit is looming but London is still the top springboard into Europe for retailers, new figures from CBRE have shown. But Hong Kong is global leader while Dubai and Doha show the Middle East remains key.
April was a confusing month for anyone tracking online sales with the latest IMRG Capgemini showing a difficult few weeks for the clothing sector, although health & beauty grew while home & garden leapfrogged ahead.
In 2016 US retailers missed $9.24 million in revenue by miscalculating the optimal percentile in which to discount items, according to a discount analysis of luxury, premium and mass market US apparel.