Anne Critchlow News
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Inditex SA, the world’s biggest clothing retailer, reported profit rose at the slowest pace in five quarters, missing analysts’ estimates amid a weak Spanish economy.
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Marks & Spencer Group Plc, the 128- year-old store chain, is offering private-equity shoppers the biggest bargain in more than seven years versus its main U.K. clothing competitor.
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Hennes & Mauritz AB, Europe’s second- largest clothing retailer, will start selling its newest brand in stores and online simultaneously for the first time in the company’s history.
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Hennes & Mauritz AB, Europe’s second-largest clothing retailer, reported sales growth that beat analysts’ estimates for a second consecutive month as the chain offered markdowns in advance of the Christmas holiday.
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Hennes & Mauritz AB, Europe’s second-largest clothing retailer, reported third-quarter profit that missed estimates and delayed the start of online operations in the U.S. as it falls further behind Zara owner Inditex SA.
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Inditex SA, the Spanish owner of the Zara and Massimo Dutti chains, said sales have accelerated since July and reported first-half profit that beat analysts’ estimates helped by expansion in emerging markets.
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Inditex SA , the world’s largest clothing retailer, reported profit that beat analysts’ estimates and said it will accelerate expansion in stores and online.
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Expect more goddesses on Main Street.
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Hennes & Mauritz AB, Europe’s second-largest clothing retailer, reported a fifth consecutive drop in quarterly profit as the cost of making garments increased and the company stepped up discounting.
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Inditex SA’s third-quarter profit rose 6.2 percent as the world’s largest clothing retailer added stores in Asia and expanded its e-commerce range for Zara and other brands.
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