REPORT In comparison with last year, consolidated sales in the fourth quarter at Puma recovered and rose from 698.3 million euros (797 million dollars) to 750.8 million euros (856.8 million dollars), which represents a currency adjusted increase of 6.3 percent. For the full year, consolidated sales […]

Future Retail, part of the Kishore Biyani led Future Group that operates Big Bazaar and Food Bazaar reported a stand-alone net profit decline of 75.52 percent to Rs 5.32 crore for the fourth quarter ended December 31, 2014. The group has been dealing with the debt issue for quite some time and also […]

Shanghai-based La Chapelle Fashion Co., Ltd (6116.HK), one of the largest fashion apparel companies in China, has announced it has entered an equity transfer agreement and a capital injection agreement with the ever-expanding online fashion retailer Hangzhou Anshe E-Commerce Company Limited, better […]

REPORT VF Corporation for the full year ended January 3, 2015 reported revenue rise of 8 percent to a record 12.3 billion dollars, compared with 11.4 billion dollars in 2013, driven by continued strength in our Outdoor & Action Sports coalition, and international and direct-to-consumer businesses. On […]

India’s oldest organized retailer Shoppers Stop plans to strengthen its online and offline presence to boost sales. The departmental store chain plans to infuse Rs 140 crores raised through internal accruals to expand its store presence and online sales infrastructure within next one year. With 73 stores, […]

European stocks were set for a slightly lower open on Thursday, with investors focusing on a big batch of quarterly results from blue-chip companies. However, the announcement of a ceasefire in Ukraine managed to lift the trade near to the close. On a positive note, Hermès posted Thursday a 9.6 percent […]

In its first report on India’s retail sectors, ‘Think India Think Retail’, Knight Frank and the Retailers Association of India estimate that retail spending across the top seven cities would more than double in the next five years. And it would be driven by e-commerce with e-tail spending touching Rs […]

Leading Indian footwear retailer Bata India reported 33.76 per cent decline in standalone net profit at Rs 34.94 crores for the quarter ended December 31, 2014. The company, which follows a January-December fiscal, had reported a net profit of Rs 52.75 crores in the October-December quarter of last […]

On Wednesday, markets worldwide witnessed a great deal of activity within the apparel and fashion niches, with the likes of Sports Direct, New Look, and Chico's FAS centering all the attention. In the UK, both Sports Direct and administrators for collapsed fashion retailer USC are facing an investigation […]

Aditya Birla Nuvo reported 6.62 percent rise in consolidated net profit at Rs 368.14 crores for the third quarter ended December 2014 against net profit of Rs 345.27 crores in the October-December quarter of 2013-14 fiscal, the company informed in a BSE filing. ABNL's net income during the third quarter […]

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