Sales
Deichmann with sales down by 20%
The Germany-based retailer registered a 20% decline in sales last year, resulting in lost revenue of 1 billion euros at global level. Chairman Heinrich Deichmann told in an interview to Textilwirtschaft
US Retail: a friendly atmosphere for retail
The consumer confidence momentum in the US is in good shape, resulting in the best results achieved in more than a year. Footwear consumer prices have increased significantly since February, and after a long year of deflation this is good news for retailers. As for ecommerce, the post-pandemic normalization is expected to brake the online impetus. However, the expectation is that the upwards online share trend will resume at least at the pre-pandemic ending point
Puma sales reach 1.6 billion euros in Q2
The Germany-based sportswear giant has announced currency-adjusted sales in the second quarter of 2021 increasing by 96% to 1 589 million euros. This compares to 831 million euros in similar period in 2020
Germany Retail: Better confidence with cautious retailers
The confidence background for retail in Germany is getting better, being the improvement noticeable for both consumers and retailers. Notwithstanding, the seasonally adjusted Textile, Clothing and Footwear (TCF) Retail Index has been rather volatile since December, with new decline registered in April, closing about the same 40 percentage points (pp) below the baseline as one year before. Online retail seems to be a winner, once again, and a recent study by McKinsey confirms that the online purchase during COVID-19 for footwear was 61% with a positive net intent of +26 pp to continue to do so after the pandemic
Growth in Romanian retail sales slows down
According to figures from the Bucharest-based National Institute of Statistics (INS) Romania retail sales grew at a softer pace in the month of May
H&M reports profit
Sweden-based fashion brand Hennes & Mauritz AB announced profit for the second quarter around 3.6 billion Swedish Krona (422 million US dollars), growing by 10 billion Swedish krona (1.2 billion US dollars) from the previous period
Ireland: retail sales volumes up by 44%
Retail sales increased by 1.8% in May 2021 when compared to April 2021 on a seasonally adjusted basis. On an annual basis, retail volumes were 44.0% higher than in May 2020. The retail sales figure for May 2021 was 6.8% higher when compared to two years earlier
Nike is the most resold fashion brand in the world
According to a new study conducted by Energy switching site SaveOnEnergy, Nike leads the rank of world’s most resold fashion brands. The site surveyed millions of listings across online resale platforms like eBay, Depop, ASOS Marketplace, Etsy and Vestiaire Collective
UK Retail: Anticipating a new Retail Normalcy
With the seasonally adjusted TCF (Textile, Clothing & Footwear) Retail Sales Index successfully resuming the 2018 baseline, a new Retail Normalcy is anticipated. Importers, on their side, have well sensed since February that retail was about to reignite, as depicted by the increase in the monthly footwear imports. As the vaccination process evolves favourably in the UK, Consumer Confidence in the country seems to be unstoppable
Yue Yuen: revenue increases by 26.6%
Revenue in the first three months of 2021 increased 26.6% to 2.49 billion, compared to the corresponding period of last year. Profit was 85.4 million US dollars, compared with a loss of 56.3 million US dollars attributable in the same period of last year
Growing retail sales in Bulgaria
According to working-day adjusted data published by the National Statistical Institute (NSI), Bulgaria's retail sales at constant prices increased by 25.9% on the year in April
Inditex: sales grow by 50%
Sales of one of the largest fashion groups grew by 50% in the first quarter of 2021 totalling 4.9 billion euros. Online sales in local currencies grew by 67%
Caleres: net sales increase by 60.8%
Net sales registered by Caleres in the 13 weeks period ended on the 1st of May of 2021 totalled 638.6 million US dollars, up by 60.8% from the first quarter of fiscal 2020
Rocky Brands with record first quarter results
Net sales of the company increased by 57.3% to 87.7 million US dollars. The wholesale segment sales increased by 69.1% and the retail segment sales increased by 42.0%. Net income increased by 278.1% to 4.5 million US dollars-
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