Surging sales at Louis Vuitton and Dior helped French luxury giant LVMH make a very strong start to 2021, with overall revenues returning to growth in the first quarter despite new coronavirus lockdowns in Europe.
The US sport and sportswear giant has introduced a reconditioned shoes offering. Nike models that are returned as new within 60 days of purchase are reconditioned and then put up for sale at attractive prices.
So many good things to report from online women’s fashion retailer Sosandar Tuesday. For starters, it was a strong year of revenue growth, accelerating every month in Q4, and it saw a “substantial” gain in core earnings.
JD Sports continued its long run of powerful results reports on Tuesday. And the theme was ‘retention’ as it retained most of the sales and profits that would have happened in stores when it was trading online only.
The international jewelry retailer announced on Monday that it has raised its financial guidance for the current first quarter and full fiscal year, citing stronger than expected conversion and average ticket values.
The British organic cosmetics brand founded by Sarah Brown in 2007 has announced that it has received £6.4 million (7.5 million euros) from the investment fund run by the family that owns French beauty group Clarins.
Swedish group Fenix Outdoor, owner of various outdoor apparel and equipment brands, as well as retail chains in Scandinavia and Germany, reported a 7% slump in sales in 2020, but its boss is expecting a rebound in 2021.