JD Sports continued its long run of powerful results reports on Tuesday. And the theme was ‘retention’ as it retained most of the sales and profits that would have happened in stores when it was trading online only.
The international jewelry retailer announced on Monday that it has raised its financial guidance for the current first quarter and full fiscal year, citing stronger than expected conversion and average ticket values.
The British organic cosmetics brand founded by Sarah Brown in 2007 has announced that it has received £6.4 million (7.5 million euros) from the investment fund run by the family that owns French beauty group Clarins.
Singapore-based specialist in the digitisation of retail brands, Trax has announced that it has raised funds totalling €539 million ($640 million) which it will use to develop its services for retailers.
On Friday, the share price of Tod’s on the Milan Stock Exchange was strongly on the upswing, the market saluting the appointment of Chiara Ferragni to the group’s board as Tod’s aims to appeal to a younger audience.
Swedish group Fenix Outdoor, owner of various outdoor apparel and equipment brands, as well as retail chains in Scandinavia and Germany, reported a 7% slump in sales in 2020, but its boss is expecting a rebound in 2021.