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Zalando expects Q2 sales growth of up to 16%

2020-06-18 11:45:00| Daily apparel & textile news and comment - from just-style.com

German fashion e-tailer Zalando anticipates a "significant" increase in second-quarter sales and EBIT amid an accelerated consumer shift from offline to online.

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US retail sales in record rebound

2020-06-16 16:37:36| BBC News | Business | UK Edition

Sales rose 17.7% in May adding to hopes the economy will recover faster than anticipated.

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App Store ecosystem generated USD 519 bln in billings and sales in 2019

2020-06-16 09:13:00| Telecompaper Headlines

(Telecompaper) Apple said that its App Store ecosystem supported USD 519 billion in billings and sales last year. The figures come a study conducted by independent economists at Analysis Group. Of the total, 85 percent went to third-party developers and businesses, with no commission for Apple. The highest value categories were mobile commerce (m-commerce) app, digital goods and services apps, and in-app advertising.

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Q2 sales halve at H&M amid varied recovery

2020-06-15 13:08:00| Daily apparel & textile news and comment - from just-style.com

Group sales at Swedish fashion retailer H&M have halved in the second quarter as the coronavirus pandemic saw about 80% of its store portfolio shuttered by the middle of the period. 

Tags: sales recovery varied amid

 

Lululemon Q1 profit plummets 70% as sales slump

2020-06-12 12:13:00| Daily apparel & textile news and comment - from just-style.com

Canadian activewear brand Lululemon Athletica has reported a 70% drop in first-quarter profit as sales slumped amid the temporary closures of stores worldwide following the outbreak of coronavirus.

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