Inside Retail

JULY 28, 2024

Moves by authorities in the European Union and elsewhere to end tax breaks for low-value parcels threaten Shein’s profitability and risk denting the fast fashion retailer’s long-term attractiveness ahead of its planned stock market debut, investors who focus on the sector said. per cent of sales.

Fast Fashion 246

Fast Fashion Net Profit Fashion Planning 246

Inside Retail

SEPTEMBER 13, 2022

We predict retailers in the fast-fashion apparel and footwear sectors within consumer discretionary goods could face significant headwinds over the next few months. Despite some retailers reporting strong sales because of the growth in online sales, net profits declined. per cent decline in net profit after tax.

Net Profit 278

Net Profit Payment Services Specialty Store Fast Fashion 278

Inside Retail

JULY 5, 2022

While Inditex recorded growth across most of its geographic markets with revenue and net profit increasing 36 per cent and 80 per cent, respectively, in China – where 67 stores were affected by Covid-19 restrictions – the Spanish retailer experienced the reverse fortune.

Fast Fashion 130

Fast Fashion Net Profit Fashion Apparel 130

Inside Retail

JANUARY 31, 2023

H&M and LVMH target very different sectors of the fashion industry. The former, a fast fashion giant based in Sweden, saw a slump in fourth quarter earnings, with its operating profits falling by 87 per cent year on year, and its net profit declining by about 68 per cent.

Fast Fashion 147

Fast Fashion Fashion Apparel Net Profit 147

Retail Gazette

OCTOBER 3, 2024

Shein is preparing to start early, informal investor meetings in the coming weeks for its planned London initial public offering (IPO), as the fast fashion giant steams ahead with preparations as it awaits UK regulatory approval. The Shein share offering would provide a much-needed lift to London’s sluggish IPO market.

Fast Fashion 105

Fast Fashion Net Profit Fashion Planning 105

Retail Gazette

SEPTEMBER 13, 2023

It posted a net profit of £2.1bn for the six months to July 31 as the group widened its lead over Swedish rival H&M. It would now focus on low-impact fibres, supply chain transformation, biodiversity and circularity initiatives, as fast-fashion retailers face growing pressure to cut waste. Revenues rose 13.5%

Net Profit 59

Net Profit Fast Fashion Fashion ATS 59

Inside Retail

JANUARY 28, 2022

In what the Stockholm-headquartered multinational fast-fashion retailer described as a “strong recovery” H&M increased its net profit nearly seven-fold to US$1.5 H&M grew its online business by 24 per cent last year to the point e-commerce now accounts for about one-third of its total sales.

Net Profit 130

Net Profit Fast Fashion Fashion Apparel 130