Arvind Lifestyle Brands Sells Unlimited Retail Business To V-Mart Retail

The divestment of assets will help the company put capital behind growing six focus brands -- US Polo Assn., Tommy Hilfiger, Arrow, Flying Machine,...

H&M’s China Sales Slump After Xinjiang Boycott

Swedish fashion giant H&M saw its sales slump in China, months after it became the target of a Chinese boycott. H&M was among several...

H&M Reports 30% Jump In India Net Sales In First Half Of 2021

As of 31 May—the group had 4,913 stores worldwide down from the 5,058 stores in the year ago period. For the six month period,...
US Retail Sales Grow less Than Expected

US Retail Sales To Exceed $4.44 Trillion In 2021: NRF

The National Retail Federation has  revised one of its most closely watched forecasts upward, anticipating "the fastest growth the US has experienced since 1984,"...

Nike Expects 2022 Revenue To Exceed US$ 50 Billion

Nike reported fourth-quarter earnings and revenue that crushed estimates amid record sales in North America.The sports giant, which is doubling down on its direct-to-consumer...

Moody’s: Retail Defaults To Ease In 2021; Leveraged Retailers Remain Vulnerable

There is good news and bad news for the US retail industry when it comes to defaults and bankruptcies.The default rate in retail and...

Mastercard: US Retail Sales Up 26.3% In March, One Year Since First Lockdown

The infusion of stimulus payments, coupled with the broader reopening across the country, gave a boost to US retail growth in March as the country...

UK Retail Footfalls Recover Ahead Of Reopening

Covering the five weeks 28 February 2021 – 03 April 2021For the UK, 2020 was a turbulent year in which much of retail bounced...

Levi Strauss Raises Sales Growth Outlook On Vaccine Rollout Hopes

Levi Strauss & Co has raised its half-year revenue growth forecast, banking on Covid-19 vaccine rollouts to spur a return to normalcy, after the...

US Retail Import Surge Expected Through Summer

The unprecedented surge of imports at retail container ports that began last summer is expected to continue at least through the end of this...

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