GlobalData Retail

Retail Asia14/02/2019

Ikea is turning to services to increase turnover and boost engagement with customers. Moreover, partnering with specialist companies in such areas as delivery and assembly allow it to focus on product design and sales, leaving post-checkout experiences in the hands of specialists, rather than committing its own staff and training resources. An example of the […]

Retail Asia11/03/2017

Jimmy Choo Asia sales soared 19.2 per cent last year, according to its annual results. The solid performance reflects considerable investment in the Asian market – and was enough to mitigate a worrying 3.9 per cent in wholesale sales in the US. “While other luxury players such as Gucci and Louis Vuitton have struggled due […]

Retail Asia06/03/2017

Abercrombie & Fitch ended the year in a tailspin, with sales down by almost 7 per cent and operating profit falling 49 per cent. The embryonic recovery seen at the start of this fiscal is now little more than a faded memory. Fortunately, the group has a fairly strong balance sheet and remains profitable, which […]

Retail Asia11/02/2017

US casualwear retailer Abercrombie & Fitch is about to unveil its first concept store for 15 years. In a dramatic change of direction, customers will be able to actually see the stock on display, the brand’s heavy scenting has been toned down and stock will be visible from outside. Only two images have been released […]

Retail Asia10/02/2017

New Look’s share of the UK clothing market has fallen to 2.6 per cent for calendar year 2016 – from 2.7 per cent in 2015. Stores have failed to drive the necessary footfall to return its like-for-like performance to positive territory, with year-to-date (39 weeks to 24 December 2016) UK like-for-likes are down 7.3 per […]

Retail Asia10/02/2017

While retail net sales grew 9.2 per cent to US$836.7 million for luxury lifestyle brand Michael Kors in its third quarter, ended December 31, its revenue decreased 3.2 per cent to $1.35 billion. It sales growth was mainly driven by 193 store openings since the end of the third quarter, including 143 stores associated with […]

Retail Asia04/02/2017

Amazon is usually a retailer that operates at full volume, the noise of its sales growth a clarion call in an often muted retail sector. However, this quarter that volume seems to have been turned down a couple of notches. While the latest Amazon results show impressive growth, and is a long way above the […]

Retail Asia03/02/2017

Apple China sales have fallen for the fourth consecutive quarter, but the tech giant is putting on a brave face, buoyed by rising global revenue. Apple sold 78.29 million iPhones in the quarter ended December 31, up from 74.78 million last year, marking the first quarterly growth in iPhone sales in 12 months. It was […]

Tag: GlobalData Retail

Ikea services foray boosts loyalty and sales

Jimmy Choo Asia sales soar

Abercrombie & Fitch ends year weak

Abercrombie & Fitch unveils new store concept

New Look loses market share in tough year

Sales up, revenue down for Michael Kors Holdings

Subdued Amazon results clouds impressive growth

Apple China sales slide further