After all the speculation over just how good the Asos final results would be, on Tuesday we found out. They were good, really good. Revenues up 33% and pre-tax profit up 145% certainly lived up to expectations and more.
After seeing the business for its unlimited rental model increase 125%, Rent the Runway (RTR) has introduced a new four-piece monthly subscription service, RTR Update, which launches with a national marketing campaign.
The Jacksonville-based sports firm created the Fanatics College division to enhance its relationships with collegiate partners. The company also acquired Fermata Partners from CAA Sports and hires two co-founders.
Corduroy is undeniably having a moment this season so the opening of a Soho, London flagship for the brand that describes itself as “the world's first premium corduroy fashion label for men and women” is good timing.
Last week retail N Brown said it was forging more partnerships with e-tailers for its brands and on Monday Koovs, the AIM-listed India-focused e-commerce business, said it would start selling N Brown’s Simply Be offer.
Luxury may have its ups and downs but Harrods makes money regardless. The Qatar Holding-owned London landmark has turned in an eighth successive year of record profits on the back of eight years of record sales.
In war-scarred eastern Ukraine, the military look is all the rage this season, with fatigues and Soviet regalia a must-have for those who dress to impress in the battered crucible of the Russian-backed insurgency.
The Italian luxury brand achieved a turnover of 1.3 billion euros for the financial year 2016/2017, quadrupling its net profit, which soared from approximately 18 million in 2015 to 80 million a year later.
Skincare brand Kiehl's is rolling out its ‘Apothecary Preparations' concept worldwide.The in-store service offers personalized skincare solutions that involve creating a unique blend of concentrates for each customer.