German e-tailer Zalando is to push ahead with its strategy of investing to gain market share in 2018 and reported preliminary Q4 sales growth in line with expectations, despite a tough clothing market in early autumn.
The Foschini Group (TFG) has seen its share price rising after it reported strong trading in December. The South African group owns a raft of retailers including big UK names Whistles, Phase Eight and Hobbs.
UK e-tail giant Shop Direct had a strong Christmas period with revenue in the seven weeks to December 22 rising a healthy 6.3%, it said Tuesday. That was driven by its Very brand, which saw a 16.8% sales surge.
Deloitte’s Global Powers of Retailing ranking 2018 shows that US retail giants are losing their grip on the international market, while e-commerce, European fast fashion and sportswear brands are all gaining ground.
At Milan Fashion Week Men, the Italian label's designer, Jeremy Scott, surprised audiences with a high-impact collection in leather and vinyl, reinterpreting menswear codes with a sadomasochistic streak.
UK consumers who shop online already are becoming more online-focused than ever and are increasing the amounts they buy via webstores, a new report shows and more than half of women buy clothes online.