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First quarter new car sales motor 30% higher - CSO

2016-04-09 01:01:05| Auto Dealers - Topix.net

New figures from the Central Statistics Office show that new car sales rose by 30.1% in the first quarter of the year. The CSO said that a total of 68,375 new private cars were licensed in the first three months of the year compared to a figure of 52,543 the same time last year.

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Pacific Sunwear files bankruptcy as shifting tides cut sales

2016-04-08 17:36:45| Apparel - Topix.net

Pacific Sunwear of California Inc. filed for bankruptcy protection Thursday after what it called years of management blunders that left the youth-oriented clothing chain unable to compete successfully in an increasingly cutthroat retail environment.

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Car sales growth highest in 5 years; up 7.87 per cent in Financial Year 2016

2016-04-08 15:08:54| Auto Dealers - Topix.net

New Delhi, Apr 8: Car sales in India grew at the fastest pace in 5 years, up 7.87 per cent in 2015-16, driven largely by new model launches and heavy discounts in a "challenging environment". According to Society of Indian Automobile Manufacturers , domestic car sales stood at 20,25,479 units in 2015-16 as compared with 18,77,706 units in the 2014-15.

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UK fashion sales continue to underperform in March

2016-04-08 15:02:00| Daily apparel & textile news and comment - from just-style.com

Hampered by unseasonable weather over the Easter period, UK fashion sales continued to underperform in March, with both seasonal discounting and soft launches failing to entice consumers to spend. 

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Gap same-store sales fall for 12th month in a row in March

2016-04-08 14:02:00| Daily apparel & textile news and comment - from just-style.com

A lacklustre spring merchandise assortment that failed to drive sales and resulted in a surplus of inventory led to a "disappointing" March performance for Gap Inc, with the US clothing giant's comparable store falling for the twelfth month in a row. 

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