A capital markets day is meant to boost a share price as the company concerned talks major investors through its strategy. But in the case of The Hut Group (THG) this week, it had the exact opposite effect.
Sales at French luxury group LVMH's fashion and leather goods division rose strongly in the third quarter even though overall revenue growth in Asia and the United States eased from their stellar first-half performance.
With supply chain issues to the fore, if you want to know what the footfall forecasts are for UK retail in the critical six-week period covering Black Friday, Christmas, and post-Christmas periods, read on.
Clothing spend rose last month but the UK retail sector remains on a knife-edge with consumer confidence weak and supply chain issues a big worry, the monthly Barclaycard and BRC reports showed on Tuesday.
Clarks had a tough time of it last year, as did many others in the footwear sector. Sales plummeted and its losses in the 12 months to January 2021 grew. But the firm is upbeat about the future under its new ownership.
French Connection on Tuesday released what we assume will be its last set of results before it’s sold, and they showed the start of a recovery. But its performance is still far from its glory days earlier this century.
Buoyed by the Mondogenius project's record results and the recent entry on the perfume market, Moncler has announced it will move into 38,000 m2 new Milanese headquarters not far from those of Prada and LVMH.
Hammerson’s UK and Ireland managing director Mark Bourgeois is preparing to leave as the heavily-indebted commercial property giant plans to cut up to 40 head office jobs in order to reduce costs, a report claims.