Remove 2022 Remove Fast Fashion Remove Net Profit
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Analysis: a perfect retail storm is brewing

Inside Retail

Omnichannel retailers benefited from an increase in online sales with non-food online sales alone increasing by 29 per cent in the last 12 months ending June 2022. However, online channels usually have lower profitability margins compared with traditional brick and mortar stores. By March 2022, the savings rate had fallen back to 11.4

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Why LVMH outperformed H&M amid a cost-of-living crisis

Inside Retail

H&M and LVMH target very different sectors of the fashion industry. The former, a fast fashion giant based in Sweden, saw a slump in fourth quarter earnings, with its operating profits falling by 87 per cent year on year, and its net profit declining by about 68 per cent.