Boohoo.com went from strength to strength last year as sales doubled and profits surged. And its short-term aim of being a £1bn op is dwarfed by its longer-term goal of leading the e-tail market with £3bn in sales.
Kering shares rose to record highs on Wednesday after booming Q1 sales growth at the French luxury company, as red-hot demand for its Gucci clothing and handbags was joined by other labels such as Balenciaga.
French luxury conglomerate Kering scored a striking 27.1 percent growth in first quarter revenues, led by Gucci's near 40% explosion in sales. Problem child Bottega Veneta, however, suffered a further fall in revenues.
Warpaint London had good news Tuesday and it was news that underlined just how fast the make-up company is growing. It has been given the Queen's Award for International Trade for outstanding growth in overseas sales.
It looks like womenswear chain East will close with administrators having so far failed to find a buyer. Although a last-minute deal isn't out of the question, according to its administrators, time is fast running out.
Sears Holdings Corp's Eddie Lampert said the retailer should sell its Kenmore appliances brand, home improvement businesses, and real estate, adding that his hedge fund ESL Investments Inc would bid in any sale.
Puma Q1 results offered good news as the sports giant, which is currently riding the athleisure wave and also launching a raft of collaborations, said sales surged 20%+ as all regions and product segments did well.
Strong growth in ad sales on Google search and YouTube were not enough to offset a surge in costs at parent Alphabet Inc that shrank the first-quarter operating margin, leaving shares flat after hours on Monday.