Q4 was a challenging time for H&M as its core chain resorted to major markdowns. But the firm is upbeat, seeing plenty of growth potential through new brands, new markets and both the store and digital channels.
UK consumer confidence was flat quarter-on-quarter during Q4, Deloitte’s latest Consumer Tracker has shown, which means it’s the first time Q4 confidence hasn’t dropped compared to Q3 since the Tracker started.
The boss of House of Fraser’s Chinese parent has called on Theresa May to give a “definite signal” about what sort of Brexit her government wants as a leaked report shows both a hard and soft Brexit will hit the economy.
On Friday, lingerie retailer Hunkemöller revealed its first Dutch HKMX sportswear store. The shop, which is located at Utrecht’s Hoog Catharijne mall, is fully dedicated to the retailer’s sports collection.
It’s always encouraging when a retailer headlines its trading update with words like “record first half” and that’s just what London-listed e-tailer MySale did Thursday, with H1 boosted by its try-before-you-buy offer.