Online sales continue to slide
Office for National Statistics (ONS) data showed that sales volumes for non-store retailing – predominantly online – fell 2.8% in November, “continuing a
Source: drapersonline.com
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H&M Group full-year sales up
In local currencies, net sales for the financial year increased by 6%. Fourth quarter net sales for the three months to 30 November 2022 increased by 10%
Source: drapersonline.com
Administrators reject Foschini challenge on Joules sale
However, Interpath Advisory that was was appointed as Joules’s administrator on 16 November moved swiftly to counter the challenge from TFG today (15
Source: drapersonline.com
Pep&Co price rises 'well below' inflation
The South African-based company warned that while price rises have remained low, “macroeconomic volatility is unlikely to abate in the near future as
Source: drapersonline.com
Superdry in talks over potential sale
"No firm offers” have been yet tabled for the business headed by co-founder and CEO Julian Dunkerton, according to sources close to the situation.
Source: drapersonline.com