High street clothing stores Brown Thomas, Arnotts, and Zara are the latest retailers to be hit by the spread of Covid-19.

Swedish fashion group H&M says sales of its summer collections had started well and it would slow the rate of store openings as it invests more online, boosting its shares by more than 14%.

Fashion retailer H&M has said its sales grew for a fourth straight quarter, but also hinted it had needed to invest more to boost its online business, disappointing investors already concerned about margin pressure.

Millennials’ fondness for athleisure wear helped retailer JD Sports Fashion defy Britain’s retail gloom and beat full-year earnings expectations.

Shares in Sweden’s H&M, the world’s second-biggest fashion retailer, fell after quarterly sales growth matched forecasts but failed to allay longer-term market concerns over margins and inventory.

Inditex fell the most in 2019, after the Spanish owner of the Zara clothes chain reported the weakest earnings growth in five years. It’s not immune to the retail malaise that has burdened rival, Hennes & Mauritz (H&M), and many others.

Shares in H&M have risen after the fashion retailer reassured investors that it would not need to cut costs further to shift unsold clothing despite a bigger-than- expected 20% fall in quarterly profit.

Sweden’s H&M cautioned that sales from its existing stores would continue to fall this year even as booming e-commerce should help lift earnings.

One of H&M’s largest shareholders has lost its patience.

H&M shares plummeted after the Swedish apparel chain lost more ground to Inditex’s Zara, amid a crisis in brick-and-mortar stores that threatens to undermine retailers with underdeveloped online businesses.

A former Cork city-centre hotel, with a 207-year pedigree on St Patrick’s St, is to be partly demolished and redeveloped for high-end shops use, possibly with an appeal to the likes of Zara.

Shares in H&M fell by nearly 6% after the boss of the world’s second-largest fashion retailer warned that the company is falling short of its sales targets, with hefty summer discounts reducing quarterly profit by 20%.

Inditex, the world’s biggest clothes retailer and owner of Zara, reported a 9% rise in first-half profit, but its gross margin, as a percentage of sales, slipped, because of a stronger euro.

British fashion retailer French Connection Group reported a drop in profit for the half-year due to the closure of some of its stores.

Swedish fashion group H&M will start holding capital market days, breaking with tradition and yielding to investor pressure, although it also said it would stop posting monthly sales figures.

Hennes & Mauritz (H&M) said second-quarter price cuts to clear inventory may exceed last year’s, sending the shares tumbling to a four-year low.

The profitability of Zara owner Inditex shrank to an eight-year low as the world’s largest clothing retailer was confronted with adverse currency swings, higher garment costs and increasing competition.

Budget fashion firm Hennes & Mauritz (H&M) generated a slightly bigger rise than expected in sales last month, offering some support to company guidance that results in the second half of the year were likely to be stronger than in the first.

Two big retailers have laid bare just how bad the clothing market really is.

Shares in Swedish clothing retailer, H&M fell yesterday after the company said sales in April were hurt by unseasonably cool weather in many parts of Europe.

Next has lowered its sales forecast for the year, sending its shares plunging the most since the dot-com bubble burst in 2000, as slowing growth in consumers’ incomes threatens to hit spending at the UK clothing retailer.

Ted Baker’s full-year profit rose by nearly a fifth due to strong demand for its offbeat fashions and the opening of stores from Mexico to the Middle East, setting the UK clothing retailer apart from its rivals in a competitive market.

Conglomerates were all the rage in the 1960s, but fell out of fashion along with the beehive hairdo. Primark is about to remind us why. The fast-growing clothing operation is part of Associated British Foods (ABF), whose other businesses include sugar processing, food ingredients and brands such as Twinings Tea, as well as agriculture.

Inditex, the world’s biggest clothing retailer, reported a brisk start to the autumn season yesterday after first-half profit rose by a quarter, sending its shares more than 3% higher.

Pre-tax profits at the Irish arm of high street brand, Zara, last year increased by 33% to €4.79m.

Spain’s Inditex, owner of clothing retailer Zara, yesterday reported better-than-expected quarterly profits, as its global fast-fashion business model allowed it to keep pace with local economic and fashion trends.

The sale and €75m- €100m redevelopment of Cork City’s prime Capitol Cinema site for a food-related innovation centre, retail and office block represents "a turning point for the city" and will lead to renewal of a whole section of Cork, it has been claimed.

DEVELOPER John Cleary hasemerged as the preferred bidder for Cork city centre’s prime Capitol cinema site on Grand Parade, and aims to build a mix of big-box retail units, aimed at the likes of Zara and Forever 21, and fourth generation offices on the site which links back to Patrick’s Street. 

Next Plc has raised its full-year revenue and earnings forecasts as the UK’s second-biggest clothing retailer reported first-half sales that beat analysts’ estimates, helped by its push into e-commerce.

A turnaround in the fortunes and occupancy levels of Cork city’s premier retail boulevard Patrick Street is predicted in the next year, with significant national international brand names set to arrive and take significant floor space.

A group lobbying for better working conditions in Bangladesh clothes factories has called on O’Neills to be transparent in how its sports gear is manufactured.

The Spanish owner of high street fashion chain Zara saw annual profits growth grind to a halt as it revamped flagship stores and expanded its global reach.

The surging price of Microsoft shares returned US tech tycoon Bill Gates back to the top of Forbes’ world’s billionaires list, with his $76bn (€55bn) beating Mexico’s Carlos Slim’s $72bn.

Swedish budget fashion retailer Hennes & Mauritz (H&M) said yesterday that sales in stores open at least a year rose more than three times market expectations in November as cold weather encouraged sales of winter clothing.

Benetton has become the latest global retailer to agree to sign a one-of-a-kind pact to improve safety at Bangladesh factories following a building collapse that killed more than 1,100 workers.

International fashion giant Zara has come under fire from a human rights group after Argentinian police swooped on sweatshops making clothes bearing its labels.

The world’s largest clothing retailer, Zara owner Inditex, posted a 32% jump in first-half year profit yesterday, taking market share in its home market Spain and grabbing new customers online and in emerging markets.

Inditex rose the most in two years in Madrid yesterday, retaking the crown as Spain’s largest company, after the clothing retailer, which owns Zara, reported a 30% gain in first-quarter profit.

The Spanish owner of fashion chain Zara bucked the crisis in its domestic market today by posting a 30% jump in quarterly profits.

When rumours reached Bernard Arnault, the chief executive of luxury goods group LVMH, that an Irish state-run agency could seize control of developer David Daly’s three shops on London’s Bond St, he quicklyapproached him about a deal.

A weak start for London shares turned into a full-blown rout today as investors ditched risky stocks on more global growth fears.

A €2.9 MILLION impairment of assets at the Irish arm of fashion chain Zara contributed to pre-tax losses more than doubling last year to €3.2m.

SPANISH clothing store Zara is under investigation by Brazil’s labour ministry after a supplier was accused of slave labour.