Zalando is investing for growth and it's paying off as site visits and revenue are rising fast. But while adjusted operating earnings are on the rise, net income is still low as it prepares for a more profitable future.
According to new research conducted by NPD, being able to see, touch and try on apparel before purchasing it is the most important reason for 55% of consumers for choosing to shop in physical stores, rather than online.
The news around LK Bennett may have gone fairly quiet since the failed company was acquired out of administration by its Chinese franchise partner, but it has emerged that the company owed almost £32m to creditors.
Superdry has been sharing plenty of information recently about its ambitious plans for India, and it now seems that as well as new stores, it will be focusing on multichannel retail with an Indian website due soon.
Next continued to show what a well-run business it is with a trading statement on Wednesday that showed higher sales. Online outperformed and more than made up for falling sales in its physical stores.
Primark may be one of the most successful fashion retailers in the UK (and beyond) at the moment, but given that it’s fully dependent on physical shops as it has no online operations, it's feeling the pain of high rents.
Peter Pilotto, one of London Fashion Week’s most happening houses, will stage its next runway show in Milan this autumn, making its Italian debut in the storied Teatro Manzoni on Wednesday, September 18.
Lamadrid, who most recently served as senior vice president, finance and chief accounting officer, has been promoted to the role of executive vice president and chief financial officer, effective August 4.