retail-trade
FinanceLove in a Time of Inflation: How Much Will Valentine’s Day Set You Back?
Top StoriesJewellery Maker Pandora to Expand Lab-Made Diamond Range
FinanceItaly Inflation-Adjusted Retail Sales Fell in 2022
InvestingMichael Kors Owner Capri Cuts Forecasts as Demand Slows, Shares Plunge 20%
2023 Predictions: What Amazon Sellers Should Know
Date: February 8, 2023
By Lesley Hensell, Co-Owner, Riverbend Consulting Selling on Amazon never stays the same – especially when it comes to seller account suspensions and ASIN deactivations. Whether a seller sells in India or Indiana, late 2022 brought dramatic changes to Amazon Seller Performance, with its launch of the new Account Health Rating and Account Health Assurance...
Jd Sports New CEO Schultz Lays Out Growth Plans
Date: February 2, 2023
LONDON (Reuters) – British sports fashion retailer JD Sports laid out its growth plan for the next five years, which includes adding up to 350 new stores annually, under a strategy being presented by new chief executive Régis Schultz to investors on Thursday. Schultz took over as CEO in September, following a tumultuous period that...
UK Shop Price Inflation Hits Record 8% in January: Brc
Date: February 1, 2023
By David Milliken LONDON (Reuters) – Prices in British shops in January were 8.0% higher than a year before, the biggest annual increase since at least 2006 when comparable records started, figures from the British Retail Consortium (BRC) showed on Wednesday. Inflation hit a record high in all the main categories monitored by the BRC,...
Gucci’s Challenge: Reigniting Heat While Boosting Timeless Appeal
Date: January 31, 2023
By Mimosa Spencer PARIS (Reuters) -Sabato De Sarno, newly appointed by Kering to reinvigorate its prized Gucci brand, needs to spark heat with a new direction, analysts say – a delicate task, given the emphasis executives have also put on the label’s timeless appeal. De Sarno, a senior fashion designer from Valentino, is tasked as...
UK’s Wetherspoon Posts 13.1% Rise in Sales for 25-wk Period
Date: January 25, 2023
(Reuters) – UK’s J D Wetherspoon reported a 13.1% rise in like-for-like sales for the 25 weeks to Jan. 22 on Wednesday, as customers spent on drinks and food over the holidays, the first not marred by COVID restrictions. This was 0.7% lower than its pre-pandemic levels, Wetherspoon said. (Reporting by Radhika Anilkumar in...
Swatch Positive on Recovery in Luxury Demand From China
Date: January 24, 2023
By John Revill ZURICH (Reuters) – Swatch Group shares hit their highest level in nearly two-and-a-half years on Tuesday after the world’s biggest watchmaker said it expected a recovery in luxury demand from China. The maker of high-end Omega, Tissot and Longines timepieces as well as its eponymous mass-market plastic watches said sales in China...