Inditex had another good year in 2017, despite exchange rates denting its margin slightly. But its omnichannel focus drove it to higher sales and profits, and its new COO has been tasked with maintaining that momentum
French Connection is still lossmaking and margins are down but there's news to be cheerful about too as its new concept store outperforms, wholesale turnover rises, e-tail makes up a third of sales and m-commerce surges.
Bestseller brand Jack & Jones has opened its largest Asia store in the city of Pune at the Phoenix Market City mall. The store is spread across 6,000 square feet area and is located in fashion hub Viman Nagar.
Abercrombie & Fitch Co beat expectations for holiday quarter sales at established stores, driven by demand for its Hollister apparel and a rebound in sales at its Abercrombie brand after five years of declines.