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The Business of Fashion

Retail

Analysis and advice from the front lines of the retail transformation.

Zara Owner Inditex Disappoints on Profit Margin Despite Strong Sales

The disappointing margin growth overshadowed strong growth in sales in the first half, buoyed by good summer weather in Europe.

Thailand’s Central Retail Targets $2 Billion IPO in 2020

Parent company Central Retail is one of Thailand’s biggest conglomerates, operating malls in Thailand, Vietnam, Denmark and Italy.

Catalyst Reveals 16 Percent Stake in Saks Owner Hudson’s Bay

The company is poised to reveal that it owns about 29.4 million shares in Hudson’s Bay Co, having acquired about 18.5 million in July.

The Men of Victoria’s Secret Lay Out Female-Driven Turnaround Plan

The lingerie brand has been trying to reconnect with customers who have increasingly turned to rivals that embrace female empowerment and diverse body types, like Aerie and ThirdLove

Sports Direct Bans Media From Annual Investor Meeting

The meeting will see majority owner Mike Ashley face opposition to his re-election as a director.

Jeffrey Epstein the CEO's First Talking Point at L Brands Investor Meeting

Group CEO Les Wexner employed Epstein as a personal money manager for years, building a relationship close enough for Epstein to buy his Manhattan mansion before severing ties more than a decade ago.

JD Sports Outperforms Struggling UK Retail Sector

The sportswear retailer has successfully targeted younger consumers who are driving the athleisure trend.

Intu Shares Soar on Report of Private Equity Bid

The shopping mall operator has scrapped its dividend, changed management after two failed takeover bids and adopted a five-year strategy to reshape the business and fix its balance sheet.

India's Reliance Targets More Retail Acquisitions Abroad

The multinational conglomerate is looking to buy fashion and child-focused retailers abroad, and partner with global sports and beauty brands as part of its expansion into consumer markets.

Philip Green's Arcadia Slumps to £169 Million Loss

The group, which counts Topshop and Miss Selfridge among its brands, staved off collapse in June when its creditors narrowly approved a plan to close stores, cut rents and change pension scheme funding.

Macy's Sees Savings of up to $550 Million

As the retailer spends heavily on remodelling stores and building online businesses, targeted promotions and better pricing have projected large savings in the next two to four years.

Hudson’s Bay Chases Relevance

With millennial shoppers keener to buy online or directly from brands, Hudson's Bay has yet to offer something they can’t find somewhere else and risks drifting into irrelevance.

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