Sweden's H&M and Britain's Topshop/Topman are ultra-successful at driving engagement through image posts on social media, a new report shows. Meanwhile Forever 21 also does well but Zara and Mango struggle.
River Island saw lower operating profit last year even though sales rose and it blamed that familiar scenario, the “challenging” retail environment. But it also ploughed money into tech and expects to reap the rewards.
Adidas has emerged as the second most popular athletic footwear brand in the US for the period between January and August 2017. The footwear brand's market share increased from 6.6% in 2016 to 9.5% in 2017.
House of Fraser delivered lower sales and wider losses Wednesday but was upbeat and said its womenswear revamp is paying off while lower e-sales were caused by an online re-platform that is now yielding good results.
Operating out of Bengaluru and New Delhi, ThreadSol announced that, after once being on the brink of bankruptcy, they managed to gross 13 crore rupees (approximately 2 million dollars) revenue last financial year.