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Pret A Manger to Expand Across Canada with Standalone Locations Following 2-Year A&W Trial

Pret A Manger to Expand Across Canada with Standalone Locations Following 2-Year A&W Trial
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Office fashion retailer Express to close 7 NJ stores See which ones

Mall clothing retailer Express announced plans to file for Chapter 11 bankruptcy protection and shutter 95 of its 530 stores across the U.S.

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Strategic changes and tough comparatives leave Pepco with a mixed set of Q2 results, says GlobalData

Strategic changes and tough comparatives leave Pepco with a mixed set of Q2 results, says GlobalData
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Zara Owner Inditex s Profit Rises 30% to 5 4 Billion Euros in 2023 on Bet on Upmarket Fashion and Competitive Prices

Zara Owner Inditex s Profit Rises 30% to 5 4 Billion Euros in 2023 on Bet on Upmarket Fashion and Competitive Prices
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Corina ponsCharlie devereuxKrista corriganRamon iturriagaRetail analystAbante advisors

Zara owner Inditex s profit rises 30% to 5 4 billion euros in 2023 on bet on upmarket fashion and competitive prices

MADRID (Reuters) -Zara-owner Inditex said on Wednesday its sales jumped 11% in constant currency for the first-half of the spring season between Feb. 1 and March 11, after the Spanish fashion giant surpassed main rival H&M's annual sales growth. Inditex widened its lead over Swedish retailer H&M, thanks to its ability to deliver fashion trends faster from nearby suppliers and sell more clothes at higher prices to upmarket shoppers. In January, H&M reported a 4% drop in December and January sales, a bad sign for the key Christmas shopping period.

Ramon iturriagaCharlie devereuxCorina ponsKrista corriganRetail analystAbante advisors