Apparel Sourcing Intelligence - Worldwide

6th November 2018

Primark establishes new record for UK clothes retailing profit

With an opening programme in its last quarter that included its second New York City store, Primark set a new record of £843 millon ($1.14 billion) in profit for a...

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6th November 2018

What’s really made Primark the most profitable British clothing retailer ever?

With an opening programme in its last quarter that included its second New York City store, Primark today announced a new record of £843 millon ($1.14 billion) in profit for...

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25th October 2018

Amazon Q3 retail sales “surprisingly weak”

Although Amazon announced third quarter sales 2017 were "up 29%" its retail sales were surprisingly weak - and its profits from retail outside North America may not have improved as...

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22nd October 2018

Amazon Europe losses greater than Sears

The 2017 near-billion dollar losses that tipped Sears into its bankruptcy filing were about the same as Amazon’s losses on European retail alone. Sears lost $981mn in 2017.  Slightly less...

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18th October 2018

UK Q3 2018 physical store growth “fastest since 2014”

UK retail sales through physical stores in the 12 months to September 2018 grew at their fastest rate (7.2%)  since 2014, the country's Office for National Statistics announced on October...

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15th October 2018

US physical retail showing “fastest growth

US retail sales through physical stores in the twelve months to September showed their fastest growth (4.1%) since 2011, the US Department of Commerce announced on October 15. The value...

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