Hudson’s Bay Co on Wednesday reported a wider-than expected quarterly loss, missing analysts estimates amid lower retail sales, as the Canadian department store operator battled with a challenging retail environment.
Wolford's half-year results showed that the high-end hosiery specialist's business is stabilising and even seeing some growth, although it’s still lossmaking and markets like France and the UK are tough.
Big news on the mall front in the UK on Wednesday as property giant Hammerson is planning to merge with major rival Intu, which means the bigger group will have stakes in or ownership of 60% of the country's supermalls.
Luxe bag-maker Mulberry is slowly turning around its performance as it launches new products, boosts digital and expands in Asia, the US and Europe. But while London is buoyant, the rest of the UK has proved weak.
John Lewis didn’t share a lot of information about its weekly sales on Tuesday but at least we know that the company has managed to stay in the black with its sales in the seven days to December 2 up 3.4% to £178m.