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Russia’s war eats into Levi Strauss’ top line

Inside Retail

Levi Strauss & Co reported a weaker top line for the first quarter of FY24, which was attributed to the impact of its Russia business as well as a shift in wholesale shipments. On the bottom line, the company swung to net loss of $11 million from net income of $115 million in the prior year.

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Super Retail Group delivers record sales, eyes expansion

Inside Retail

Super Retail Group has reported a “record” year of sales in its full-year results marked by a strong second-half performance – but its bottom line did not fare as well. Key growth was seen in insulation apparel and rainwear categories in Australia as like-for-like sales increased by 12.4 per cent to $3.55 per cent to $176.8

Expansion 246
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Green is the new black as sustainable clothing retailer eyes expansion

Retail Focus

Meander Apparel – a sustainable outdoor clothing and lifestyle brand with its flagship stores in Stockbridge, Edinburgh and Seven Dials, London – has secured funding from the British Business Bank as it gears up for the launch of its crowdfunding campaign later this month.

Expansion 113
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Can Premier replicate Smiggle’s UK success with pyjama brand Peter Alexander?

Inside Retail

Smiggle international expansion has proven successful for Premier Investments’ shareholders with its offshore expansion after delivering sales of $183.9 Moreover, Premier Investments has not had to tackle the seasonality of the UK market, an element that defines apparel and pyjama collections.

Expansion 243
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Nicobar, the mindful Indian brand that is on the cusp of global expansion

Inside Retail

A prime example is the brand’s latest apparel collection, Bodhi, which features bold and floral prints and flowing silhouettes to evoke feelings of serenity. Two weeks ago, it launched Nico Sport, a new sporting line that has shirts, pants and accessories made from blends of organic cotton, recycled polyester and biodegradable materials.

Expansion 130
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Shaftesbury Capital welcomes Arc’teryx for new Covent Garden flagship

Retail Focus

Shaftesbury Capital has announced that Arc’teryx , the high-performance outdoor apparel brand, has now opened its new flagship store within the newly refurbished listed building at 41-42 King Street in Covent Garden.

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Superdry opens at ICON Outlet at the O2 as the destination continues to outperform

Retail Focus

Icon Outlet at The O2, the London outlet shopping destination, developed by AEG and Crosstree Real Estate Partners, has announced the opening of Superdry, the premium apparel brand. The new store stocks the brand’s authentic apparel collection alongside a full range of accessories, further diversifying the destination’s retail line-up.

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