The Los Angeles-based online fashion retailer announced net sales of $244.1 million for Q3 on Wednesday, up 62% from $151.0 million in the prior-year period and 58% from $154.2 million in the third quarter of 2019.
The owner of the Ikea furniture brand said on Wednesday it would raise prices due to supply chain challenges far into 2022, after it reported a drop in full-year profit due to higher transport and raw material costs.
Michael Kors owner Capri Holdings Ltd on Wednesday raised its annual profit forecast, as it benefits from price increases and strong demand for its designer handbags and Jimmy Choo shoes in North America and Europe.
Fast-expanding retailer Next delivered a Q3 trading update on Wednesday and brief though it was, it showed how the business continues to be one of the most successful and best-run in the UK fashion sector.
As companies continue to see Asia, and particularly China, as a key market offering strong growth opportunities, Bluebell Group has released a report detailing some of the most important consumer trends in the region.