Social Icons

Tuesday, August 9, 2016

New Look sales slump while online rival Boohoo steals the show

As a result of the fall in store sales, earnings tumbled by 29pc to £43.4m. The company did edge back into the black, posting £2.7m in pre-tax profits, compared to a £73.7m loss in the first quarter, when it incurred costs related to its £780m takeover by South Africa’s Brait Group.


Brait is the listed investment vehicle of South Africa’s fourth-richest man, Christo Wiese, which also snapped up an 80pc stake in gym chain Virgin Active for £682m last year.


New Look, which aims to sell clothes for half the price of rival Topshop, is pushing into China and has 94 shops in the region after opening a further nine in this quarter.


New Look is also targeting the fast-growing menswear sector by opening standalone stores and revamping its offer.


Meanwhile online fashion retailer Boohoo reported that sales in the first five months of the year had beat expectations.


Source : www.telegraph.co.uk/

No comments:

Post a Comment

Category Of Mobile Courses

Actualités (644) Adsense (1) Affiliation (1) Algebraic Topology (1) Algorithmic (1) all-news (30) Android (5) Android App (8) Android app without code (4) Android Apps (168) Android Development (4) Android download (2) Android OS (3) AngularJS (1) Automata theory and formal language (5) C programming (5) Category and Functor (8) CMS (3) Computer Glossary (18) Create Mobile App With Ionic Framework (2) CSS (2) CSS-Cascading-Style-Sheets (4) Developpement Java (13) Differential Geometry (1) Django-Python-Framework (8) dropshiping (26) Earn Money by Internet (4) Emplois (23) Framework php (2) Fraud (2) HTML (7) Java For Beginners (10) Javascript (12) Kotlin Programming Language (8) Kotlin For Mobile Android (1) Linux Download (2) Marketing (5) Mobile (3) Mobile Courses (4) Mobile Marketing (4) MoneyGram (1) News (721) Node.js (5) Open Source (1) Photoshop (1) Protect Computer (1) Python (33) Python BeautifulSoup (1) Python For Data Science (2) Python-Books (6) Python-DVD-Training (1) Python-Exercises (138) Python-Framework (1) Python-IDE (1) Python-Modules (1) Python-pdf (2) Python-pyQt (1) Référencement (2) Script PHP (2) Security (6) SEO (1) Snipping Tool: Faq (1) Social Networks (1) Source Code (1) Statistics With SPSS (2) Surveillance Software (1) Travail à domicile (6) Tutoriels php en vidéos (2) Tutoriels-MySql (6) tutoriels-php (19) Utilitaires (1) VPS (1) Web Hosting (1) Webcam (1) Webmarketing (11) Western Union (1) Windows 10 (1) Windows 7 (4) Windows 7 Faq (2) Windows 8 (1) Windows Accessories (1) Windows Download (8) Windows Drivers (1) Windows Fonts (1) Windows Power Shell (2) Windows Registry (2) Windows Security (18) Windows Software (2) Windows Spyware (2) Windows utilities (3) Windows Virus (2) Windows Vista (3) Windows Wireless (1) Windows xp (1) Wordpress (1)
 

Sample text

Sample Text

 
Blogger Templates