TJX Cos Inc reported a 6 percent rise in quarterly comparable-store sales on Tuesday, as big discounts attracted more younger shoppers and generated the off-price retailer’s 16th consecutive quarter of traffic growth.
Shocked by the speed at which Australians buy and throw away cheap garments, retailers are trying to harness an ancient concept -- libraries -- to persuade shoppers to rent instead of purchase clothes.
Retailer Pepkor Holdings Ltd, previously known as Steinhoff Africa Retail (STAR), on Tuesday reported a 13.8 percent rise in group revenue for the nine months to the end of June, as its low prices attracted shoppers.
The NPD Group’s recently released “The Future of Apparel” report has found that athleisure is showing no signs of slowing down as it occupies an increasingly large market share in the apparel industry.
American actress and style maven Sarah Jessica Parker is set to release the second part of her kids collection with Gap this month, following the initial debut of the collaborative capsule earlier this year.
Urban Outfitters Inc’s second-quarter profit and sales beat analysts’ estimates, as the company sold more apparel at full price and offered fewer promotions at its stores, sending its shares up nearly 3 percent.
As it launches a range of new app functions, the Oregon-based sportswear brand is experimenting with mobile integration in store, allowing customers to request sneakers to try on by scanning them with the Nike app.
The British footwear brand has selected the German city of Krefeld for its first logistics centre in continental Europe. It said the opening will help it deliver customer orders faster and offer better customer service.