Financial

Retail

Financial

H&M Profit Rises 12% in Q4

The Swedish high-street retailer expects January sales to advance 14 percent in local currencies.

Magnit Plans 'Aggressive' 2015 Store Opening Amid Russian Crisis

Russia’s largest retailer, plans to strengthen its market position by accelerating store openings just as the country’s economy enters a recession.

Weekly Sales Strong for Apparel Stores

Index rises 2.6 percent from 2014 period, falls 0.6 percent from prior week.

Consumer Confidence Jumps in January

The Index is now at 102.9 from 93.1 last month.

Sir Philip Green in Talks to Sell BHS

A spokeswoman for Arcadia Group confirmed Sunday that the firm is in talks about selling its fashion and home high-street chain.

Gap Inc. to Shutter Piperlime Business

Sales are below $100 million, representing less than 1 percent of Gap Inc.’s total revenue base of over $16 billion.

Lands’ End Shares Fall on Weak Q4 Guidance

Sales, earnings seen lower as gross margin improves.

Weekly Sales Strong in Apparel

Retail Economist, Goldman Sachs report year-on-year gain of 3.4 percent.

Emaar Malls Reports Strong Growth Despite Gulf Economic Slowdown

Emaar Malls reported a 23 percent increase in net profits for 2014.

Poundland Sales Growth Slows Over Christmas Quarter

The discount retailer said it was on track to meet profit expectations for the 2014-15 year, despite slower sales growth.

Bon-Ton Reduces Guidance For Fourth Quarter

Chief financial officer Keith Plowman to retire in August.

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