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FASHION RETAILER NEWS ON FASTMOVING

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With banana leaf lamps, H&M backs firms promising social change

With banana leaf lamps, H&M backs firms promising social change

15/08/2019 - 10:31
With lampshades made by Indian women and trays from East Africa, H&M said that it had become the latest retail giant to back businesses with a mission to do good, as pressure mounts to end throwaway consumerism.  read more
Naspers's Superbalist eyes R1bn in annual private-label sales

Naspers's Superbalist eyes R1bn in annual private-label sales

11/07/2019 - 09:31
Superbalist, the SA online fashion retailer owned by Naspers, expects to generate more than R1bn in annual revenue from its private-label, or in-house products, within the next three years. read more
H&M lists garment suppliers on app to tackle worker abuses

H&M lists garment suppliers on app to tackle worker abuses

25/04/2019 - 10:26
Fashion brand H&M has become the first major retailer to list individual supplier details for each garment on its website to increase transparency in an industry with high risks of slavery and labour abuses.  read more
Nordstrom acquires two digital startups

Nordstrom acquires two digital startups

12/03/2018 - 09:36
Nordstrom announced it's acquiring two leading retail technology companies: BevyUp, a digital selling tool, and MessageYes, a platform rooted in conversational commerce. read more
Queenspark doubles operating profit as new strategy ‘progresses well’

Queenspark doubles operating profit as new strategy ‘progresses well’

12/03/2018 - 09:06
Clothing chain Queenspark managed to grow sales 13% and more than doubled its operating profit to R7m from R3.2m, the interim results of its pyramid of JSE-listed holding companies showed. read more
Nordstrom rated top fashion retailer

Nordstrom rated top fashion retailer

22/02/2018 - 09:05
Nordstrom was the favorite premium fashion retailer among 10,000 shoppers, according to an annual fashion retail study conducted by Market Force. read more
Truworths forecasts increase in profits

Truworths forecasts increase in profits

21/01/2013 - 08:26
Truworths International (TRU) advised on Friday that it expects both basic earnings and headline earnings per share for the first 26 weeks of the 2013 financial year will be between 16% and 20% higher relative to the corresponding period in the 2012 financial year.  read more
TFG continues to grow well and position for future

TFG continues to grow well and position for future

09/11/2012 - 10:01
Retail group TFG (The Foschini Group) has again produced solid results, increasing turnover by 12,6% to R6,1-billion off a strong comparative base and pushing up diluted headline earnings per share by 18,8% to 396,1 cents in the six months to end September 2012. read more
Mr Price earnings seen higher

Mr Price earnings seen higher

26/10/2012 - 07:44
Johannesburg - Mr Price Group [JSE:MPC] advised on Thursday that for the 26 weeks ended September 2012‚ its basic earnings and headline earnings per share are expected to increase by between 30% and 35% due to a lower taxation charge as a consequence of no STC being levied on the 2012 final dividend‚ which was paid in the current period. . read more
Mr Price joins blue-chips, shares rise

Mr Price joins blue-chips, shares rise

19/09/2012 - 07:55
Shares in Mr Price Ltd rose more than 3 percent on Tuesday after the Johannesburg Stock Exchange (JSE) said South Africa's third-biggest listed clothes retailer would join its blue-chip index next week.  read more
Mr Price’s sales surge reflects its market savvy

Mr Price’s sales surge reflects its market savvy

31/08/2012 - 08:48
Mr Price on Thursday reported an impressive 14.9% growth in sales for the 18 weeks to August 4, proof the fashion retailer has once again read the market right. read more