SMCP, the company that owns fashion brands Sandro, Maje and Claudie Pierlot has posted a 14% rise in third quarter sales. The Americas have overtaken Asia as its biggest contributor of growth. Overall sales for the quarter grew to 247.7 million euros, according to SMCP, who are controlled by Shandong Ruyi. Daniel Lalonde,...
Seasalt have recorded another year of strong sales. Sales grew by 23% for the year to £52 million, recording the ninth consecutive year of sales growth above 20%. Online sales rose by 33%, making up 40% of their total sales. Operating profit grew by a massive 66% while EBITDA inclined from seven per...
WH Smith has struck a deal to buy US travel company InMotion. InMotion sells digital accessories in US airports. WH Smith will pay $198 million for the company. InMotion currently operates a concession portfolio of 114 stores across 43 different airpoirts. InMotion have achieved a like-for-like sales growth for the year to date...
Ocado has agreed terms with US supermarket retailer, Kroger, which will see them provide technology for grocery deliveries in the US. Kroger is expected to place an order for 20 customer fulfilment centres during the first three years of the agreement, three of which will be ordered before the end of...
Bulgari Ireland has reported a 10% increase in sales, growing to €1.1 billion, while profits more than doubled to €109 million last year. The jewellery company uses a structure used by Facebook and Apple, involving redirecting sales from across the world to its Irish arm. Asian sales, excluding Japan, grew by nearly...
High street entertainment retailer HMV have come back to overtake Amazon as the largest seller of physical music. According to data by Kantar Worldpanel, HMV’s market share grew for a second consecutive quarter in the 12 weeks up to 23rd September, to a total of 28%. The release of Mama Mia 2...
The CEO of Italian fashion firm Valentino, Stefano Sassi, has said that the brand will keep on growing in 2018. He said that 2018 would be another year of growth, but that November and December will be important months. Valentino doesn’t release their results publicly, but posted 2017 revenues of 1.16 billion...
Footwear retailer Pavers has posted a 9.8% increase in full year revenue to £91.9 million. It has accredited the growth to an ongoing store review, resulting in a number of new store openings, relocations and refurbishments. In an official report, the footwear company said: “The review was deemed necessary to ensure the...
Oasis and Sainsbury’s have agreed a deal to open concessions in Sainsbury’s stores. The fashion chain will open first in Sainsbury’s stores in Sydenham and Selley Oak before Christmas. Sainsbury’s are planning to open a further three Oasis concessions in the spring. It has already given store space to the likes of...
Radley London has signed Poldark actress Eleanor Tomlinson as its new brand ambassador to celebrate its 20th anniversary. She will be the face of the brands new Radley Spirit campaign. Justin Stead, chief executive of Radley London, said: “Eleanor Tomlinson was a natural fit for Radley London, having been a long-standing fan...
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