French fashion group SMCP , owner of brands Sandro, Maje and Claudie Pierlot, on Wednesday reported a 18.6% rise in adjusted core profit for 2017 and forecast margins would further increase in 2018 to around 17%.
Moss Bros has seen a perfect storm of problems. Its supplier consolidation has backfired in the short term causing stock shortages, while bad weather and consumer caution have hurt turnover and led to a profit warning.
Luxury coat maker Canada Goose plans to bring more manufacturing in-house in a bid to boost margins and help it live up to lofty investor expectations as the most expensive stock among major luxury brands.
According to a report released by Signifyd on Tuesday, total losses of online retailers due to e-commerce fraud rose 7% in 2017, with the beauty and jewelry industries suffering some of the largest increases.
British fashion brands like Victoria Beckham, Vivienne Westwood and Wool and the Gang are set to benefit from an advertising campaign running across three major Chinese and Hong Kong e-tailers next week.
Following the bankrupt toy retailer’s announcement that it plans to shut down its US locations, the e-commerce giant is said to have considered taking over some of the spaces to expand its brick-and-mortar footprint.
Amazon.com is making a push for merchants on its website to sell goods into other countries, setting the stage for greater competition with rival marketplaces run by eBay and potentially Alibaba Group Holding.