By Reuters Published April 10, 2025 The operator of Uniqlo, Japan’s Fast Retailing, is expected to post another quarter of strong earnings on Thursday, but the focus will be on how the global clothing chain navigates a trade environment thrown into disarray by new U.S. tariffs. Reuters Fast Retailing is expected to post a 14%…
By Bloomberg Published March 30, 2025 Simon Wolfson, chief executive officer of Next Plc, on Thursday announced pretax profit of £1 billion ($1.3 billion) for the first time in the retailer’s history. It’s a level of earnings few British store chains reach. For some that have, it has been the prelude to a period of…
Translated by Nazia BIBI KEENOO Published March 26, 2025 Tous, the famous Spanish jewelry brand, reported record-breaking revenue in 2024. According to a statement released on Tuesday, the company saw its sales grow by 9.4% over the last fiscal year, reaching $570 million. However, net profit declined to $49 million from $54 million in 2023….
By AFP Translated by Nazia BIBI KEENOO Published March 13, 2025 Inditex, Zara’s parent company, has once again set a new profit record, closing 2024 with its strongest financial performance to date. Despite a slight slowdown in growth, the fast-fashion giant continues to dominate the industry, even as competition intensifies. Zara in Liverpool – Zara…