A year in review - 2009
Retail winners and losers in 2009
Like just about every other business sector on the planet, retailers continued to be affected by global economic turmoil during…
SPAIN: Inditex YTD profit drops but expansion continues
Fashion retail group Inditex, owner of the Zara brand, posted a slight decline in net income for the first nine…
US: The Talbots refinances debt as Aeon exits stake
Japanese retailer Aeon has retired its majority shareholding in The Talbots, with the US chain announcing plans to merge with a…
US: Strong sales help J Crew double Q3 profit
Upscale US fashion retailer J Crew Group has more than doubled its third quarter profit, thanks to higher full-price sales…
INSIGHT: Will ads make Gap’s Christmas wish come true?
For a company which built its early reputation on eye-catching TV ads, it comes as some surprise to read that…
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US: Gap upbeat after Q3 profit rises 25%
Apparel retail group Gap Inc is aiming to build market share this holiday season after posting a 25% gain in…
US: Sears Holdings narrows Q3 loss on reduced expenses
US general merchandise retailer Sears Holdings Corporation has posted a net loss for the third quarter, as sales were hit…
INSIGHT: Abercrombie & Fitch plots international growth
Teen clothing retailer Abercrombie & Fitch Co plans to ramp up its international expansion and add lower-priced items to its…
UK: Primark looks abroad as FY profit jumps 8%
Cut-price clothing retailer Primark is plotting expansion in continental Europe after posting an 8.2% increase in full-year operating profit to…
JAPAN: Uniqlo helps Fast Retailing to 14.4% FY profit hike
Japan’s Fast Retailing Co Ltd is forecasting a 24.5% hike in profit for the year ahead, after surging sales at…