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US apparel retailers' February 2019 sales roundup

2019-03-15 11:59:00| Daily apparel & textile news and comment - from just-style.com

February proved a truly dismal month for the handful of US apparel retailers still reporting their monthly sales, with all booking a fall in monthly comps and two announcing the end of their monthly same-store sales reports.

Tags: february sales apparel retailers

 

H&M shares down despite Q1 sales hike

2019-03-15 11:36:00| Daily apparel & textile news and comment - from just-style.com

Shares in H&M were down by almost 4% this morning (15 March) despite the Swedish fast fashion retailer reporting a double-digit rise in first-quarter sales.

Tags: sales shares hike q1

 
 

Lenzing in FY profit and sales slip

2019-03-14 13:12:00| Daily apparel & textile news and comment - from just-style.com

Lower selling prices for standard viscose, as well as higher raw material and energy costs, have contributed to a decline in full-year revenue and earnings at Austrian cellulosic fibre producer Lenzing compared with record results in the previous year.

Tags: sales profit slip lenzing

 

Inditex FY sales climb to EUR26.15bn

2019-03-13 12:39:00| Daily apparel & textile news and comment - from just-style.com

Spanish clothing giant Inditex, operator of the Zara fast fashion chain and the world's second-largest clothing retailer, has booked a rise in full-year profit and revenue, with net sales climbing to EUR26.15bn (US$29.52bn). 

Tags: sales climb inditex toeur2615bn

 

Adidas warns supply chain problems may hurt sales

2019-03-13 11:44:00| Daily apparel & textile news and comment - from just-style.com

Record sales, the highest margin in the company's history, and strong improvements in net income were not enough to prevent shares in Adidas tumbling this morning (13 March), as the German sporting giant warned shortages in the supply of mid-priced apparel will negatively impact sales growth in the first half of 2019, particularly in North America.

Tags: sales problems supply chain

 

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