All International articles – Page 184
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News
Williams-Sonoma revenue up 5.1%
Home furnishings retailer Williams-Sonoma has reported net revenues up 5.1% to $815m (£498m) for the second quarter ended July 31. Net earnings were up 4.8% to $39m (£24m). The consolidated revenues were driven by a strong comparable brand growth rate, a measure that includes both like-for-like net revenues and total ...
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News
Mercator reports first-half revenue of €1.4bn
Mercator has reported first-half revenue of €1.4bn (£1.24bn), up 6.1% year-on-year. Net profit grew by 4.9% to €18.5m (£16.3m). The company’s measures for the period included lowering the prices of more than 2,000 products, which required an investment of almost €12m (£10.6m). The sales area of the company’s operations grew ...
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News
Ahold operating income drops
Ahold saw operating income drop 4.9% to E719m (£634.5m) in the first half of 2011. Net sales reached E16.1bn (£14.2bn), up 1.7% in comparison with the same period in 2010. In the second quarter, net sales dropped 3.5% to E6.9bn (£6.1bn). Ahold’s US operations saw net sales increase by 6.5% ...
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News
Home Depot to roll out click and collect
Home Depot is to roll out its Buy Online, Pickup In-Store service across its US stores during the third quarter of 2011. The service currently runs in around 100 Home Depot stores. The move is in line with the retailers’s stated focus on “interconnected retail”, based on the view that ...
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NewsTesco to sell its Japan business
Tesco is to sell its business in Japan as it said it could not build a “sufficiently scalable” operation.
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NewsCrate & Barrel to start brand building as it prepares for first UK store opening
US furniture giant Crate & Barrel is to start brand building and will launch a UK website as it prepares to open its first store in the country.
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NewsTesco looks East for funds with 'dim sum' bond issue
Grocery giant Tesco has become the first international retailer to raise money in China with the issue of a ‘dim sum’ bond.
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NewsPrimark sees scope for 300 store openings in Europe
Value fashion giant Primark sees scope to more than double store numbers as it considers its next phase of overseas expansion.
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NewsTesco extends Irish market share lead
Irish grocery sales were flat in the 12 weeks to August 7 as shoppers kept a tight rein on spending.It was the first time in 12 months that there was no value growth in the market, Kantar Worldpanel data showed.Market leader Tesco consolidated its position, delivering sales growth of 1.7% ...
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NewsJD Sports hires property advisor to drive expansion in France
Fashion group JD Sports has hired property advisers to guide on expansion in France.
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NewsAbercrombie & Fitch sees income climb
American casualwear giant Abercrombie & Fitch co has reported a 64% rise in net income to $32m (£19m) for the 13 weeks to July 30 with total sales also rising.
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NewsAmerican Apparel narrows losses in Q2
Struggling US fashion chain American Apparel has reported that it has narrowed losses for the three months ended June 30.
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NewsTesco closer to India move as Government set to withdraw ownership restrictions
The Indian finance minister has hinted that foreign supermarkets such as Tesco and Wal-Mart could soon set up shop in the country.
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NewsLipsy strikes deal with Alhokair to open 40 international stores
Fashion retailer Lipsy, which is owned by Next, has signed a deal with Middle Eastern trading house Alhokair to launch franchised stores in Saudi Arabia, Jordan, Egypt, Morocco, Kazakhstan, Azerbaijan and Georgia.
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NewsTesco to test Fresh & Easy Express
Fresh & Easy, Tesco’s US operation, is to test smaller format Fresh & Easy Express shops later this year.
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NewsPottery Barn owner Williams-Sonoma eyes UK entry
Upmarket US home furnishing and cookware chain Williams-Sonoma, owner of Pottery Barn, is plotting its entry into the UK next year.
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GalleryIn pictures: Forever 21 Oxford Street flagship opens
US fast fashion chain Forever 21 has opened its doors on Oxford Street.
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NewsWade-Gery appoints number two to bolster online business
Former Dixons and John Lewis man David Walmsley joins M&S to spearhead multichannel sales drive
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NewsAsos drives global sales with further overseas site launches
Asos will launch its next tranche of international websites in September as it seeks to further drive overseas sales.
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NewsUS book chain Borders to be liquidated
Embattled US book chain Borders is set to be liquidated after it failed to attract any buyers for the business.