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Online boosts Inditex FY, but sales growth slows

2018-03-14 12:18:00| Daily apparel & textile news and comment - from just-style.com

Profit at Spanish clothing giant Inditex, operator of the Zara fast fashion chain and the world's second-largest clothing retailer, rose 7% last year, thanks to growth across all regions and a double-digit jump in online sales.

Tags: online sales growth slows

 

Online sales surge boosts Zara owner Inditex

2018-03-14 10:43:22| BBC News | Business | UK Edition

Inditex says online sales now account for a tenth of its global total as profits continue to rise.

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H&M renews online focus amid store sales slump

2018-02-15 10:51:00| Daily apparel & textile news and comment - from just-style.com

Swedish fast fashion retailer Hennes & Mauritz (H&M) saw its shares drop by nearly 6% yesterday (14 February) after revealing it expects comparable store sales to continue to slide this year, with a prediction of a 2019 rebound failing to reassure investors.

Tags: online sales store focus

 

US retailers welcome online sales tax review

2018-01-15 12:55:00| Daily apparel & textile news and comment - from just-style.com

US retailers have welcomed the US Supreme Court's decision to take up a South Dakota case on whether online sellers can be required to collect sales tax the same as local stores, but urged Congress to address the issue through federal legislation.

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Online drives Ted Baker holiday sales rise

2018-01-10 12:09:00| Daily apparel & textile news and comment - from just-style.com

UK lifestyle brand Ted Baker remains confident of meeting its full year expectations after a double-digit boost from its online business helped lift retail sales figures over the Christmas period.

Tags: online sales holiday rise

 

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