The Galician company posted sales of 40.5 million euros in the nine-month period ended November 2020, representing a 47.1% decline compared to the same period in the previous year.
The Bias Cut has become the latest online fashion retailer to deliver record December trading figures with festive sales rocketing 463% year-on-year.
Matalan endured a sales drop during the festive selling season as its online revenues were unable to make up for shuttered physical shops.
Online retail giant Very Group could be the next big name in line for an IPO with a report that its owners, who also own the Telegraph newspaper, are exploring the potential of a £3 billion+ stock market float.
Seasalt saw its sales jumping during the festive season even though it endured a 44% fall in sales through physical shops. Fortunately, its webstore easily made up for the shortfall with a 95% increase.
Beauty specialist Warpaint London announced on Monday that its results for 2020 will be ahead of its previous guidance after the company saw strong trading during the second half.
First there were the rumours, then last week the confirmation that Dr Martens was "considering" a stock market launch. But on Monday, the company said it definitely will be floating on the London Stock Exchange.
Fast-expanding retailer Next and its US partner Davidson Kempner are being widely touted as the frontrunners to buy failed Arcadia out of administration.
Harrods owner Qatar Investment Authority made a gain of around $892 million when it sold shares in Tiffany & Co as part of LVMH’s $15.8 billion acquisition, according to analyst estimates and filing data.
The Spanish fashion retailer is adapting to the new normal of lockdowns and remote working, and is set to extend its product range into the home linen and home decoration categories in Q2.
Covid restrictions in Europe made it a tough first half for Leeds Group. However, the UK-based fabrics and haberdashery specialist managed to increase revenues and return to profit for its first six months to November.
M&S’s deal to buy Jaeger completed on Friday and the administrators to the heritage brand have confirmed that all 63 standalone stores and the label’s concessions will not reopen after the current UK lockdown ends.
Adidas has unveiled a deal with G2, the major global entertainment and esports brand. The multi-year link-up sees Adidas becoming key sportsswear provider to G2 and it making the G2 jersey for the new esports season.
Space NK was continuing to progress steadily pre-pandemic, its latest results show. But while Covid has impacted it more recently, its online channel and wholesale have been sources of strength.
N Brown may have moved to an online focus in recent years, but unlike some other pureplay retailers, it didn’t have such a good autumn and festive season. Yet despite sales falls, there are signs it’s on the right track
