Swiss Households’ financial situation continues to dampen consumer sentiment

Consumer sentiment in Switzerland remains slightly below average. Low expectations regarding consumers’ own budgets are clouding the outlook. However, respondents are cautiously optimistic about the future general economic situation. The labour market has still been assessed positively but prospects have deteriorated somewhat. Swiss consumer sentiment remains subdued. At −8 points, the consumer sentiment index* in … More Swiss Households’ financial situation continues to dampen consumer sentiment

Jack Wills sale: Mike Ashley’s Sports Direct in pole position

By Elias Jahshan from Retail Gazette Mike Ashley’s Sports Direct reportedly in pole position to make a swoop on Jack Wills Ashley was reportedly locked in a bidding war with Edinburgh Woollen Mill Group owner Philip Day over the weekend Jack Wills was put up for sale last month by owner BlueGem Mike Ashley is … More Jack Wills sale: Mike Ashley’s Sports Direct in pole position

Deckers Brands reports First Quarter Fiscal 2020 Financial Results and raises guidance for Full Fiscal Year 2020

First Quarter Fiscal 2020 Sales Increased 10.5 % to a Record USD 276.8 Million Deckers Brands (NYSE: DECK), a global leader in designing, marketing and distributing innovative footwear, apparel and accessories, today announced financial results for the first fiscal quarter ended June 30, 2019. The Company also provided its financial outlook for the second fiscal … More Deckers Brands reports First Quarter Fiscal 2020 Financial Results and raises guidance for Full Fiscal Year 2020

The continuing complexities of what to do about plastic

While there are some innovation alternatives to plastics appearing, there remains a lack of proper analysis of their impact and potential The solution with plastic packaging from the consumer perspective is straightforward: business should just get rid of it, right? While it might seem simple enough on one level, the reality, of course, is complex, … More The continuing complexities of what to do about plastic

Sports Direct’s auditor to quit following concerns over GBP 605 million tax bill

By guest author Sahar Nazir from Retail Gazette Sports Direct’s auditor Grant Thornton will resign following concerns over a £605 million tax bill The US accounting firm will step down in September after Sports Direct’s AGM Grant Thornton has audited Sports Direct since 2007 Sports Direct’s auditor Grant Thornton it set to resign following concerns … More Sports Direct’s auditor to quit following concerns over GBP 605 million tax bill

Swiss retail trade turnover rises in June 2019

Turnover in the retail sector rose by 0.7 % in nominal terms in June 2019 compared with the previous year. Seasonally adjusted, nominal turnover rose by 1.4 % compared with the previous month. These are provisional findings from the Federal Statistical Office (FSO). Real turnover in the retail sector also adjusted for sales days and … More Swiss retail trade turnover rises in June 2019