Inditex, H&M and Primark have published their latest quarterly results and differ significantly The Spanish clothing group Industria de Diseño Textil SA (Inditex) recovered well from the consequences of the Covid 19 pandemic in the 2021/22 financial year and achieved strong growth in turnover and earnings. In the financial year that ended at the end of January, Inditex's consolidated sales amounted to 27.7 billion euros. This was 36 per cent higher than the previous year, which was hit by the effects of the Corona pandemic. The majority of total sales were generated by the Zara clothing chain, whose revenues increased by 39 per cent to 19.6 billion euros. Earnings increased by 58 per cent to 7.18 billion euros compared to 2020/21, almost tripling (+193 per cent) compared to the previous year.
So far in the current financial year, the Group has been able to continue its upward trend. The current spring-summer collections have been "very well received" by customers, Inditex explained.

H&M reported Net sales in local currencies increased by 11 percent in the fourth quarter 2021, compared with the corresponding period last year. For the full-year 2021 net sales increased by 6 percent to €18.172 bn The H&M group’s strong recovery continues. Customers are showing that they appreciate the collections and being able to shop where, when and how they choose. Despite continued restrictions and the negative consequences of the pandemic, the H&M group’s sales in local currencies were back at the same level as in the fourth quarter of 2019. leider keine Details zu Online und Offline und Storeschliessungen Primark has reported their sales aswell. Total sales for the financial year are expected to be some € 8.6bn, which at constant currency is 40% ahead of the reported sales last year. The much higher revenues reflect the end of COVID-related restrictions and the resumption of more normal customer behaviour.. Continued improvement in our performance in the UK market was offset by a weaker than expected performance in Continental Europe. Total sales in the fourth quarter are expected to be 7% higher than last year, Like-for-like1 sales for the quarter are expected to be 9% below the comparable pre-COVID period. The new UK website has been live since April and our initial judgement has been confirmed that customers have welcomed its new features. The key metrics, such as traffic and engagement, have steadily built from a strong start. The new stock-checker facility is being enthusiastically adopted. We remain on track to launch the UK trial of a Click & Collect service in the run-up to Christmas this year, focused on 25 stores in the north of England and Wales. We have chosen a much-expanded range of children's products for this trial, which we believe has the potential to satisfy unfulfilled demand, driving footfall from both existing and new customers to deliver incremental sales in store.Test of self scanning and payment in 2 stores,

Falling consumer sentiment is causing problems for Hamburg's online fashion retailer About you . The board of directors has to revise its forecast for sales and profits for the current financial year downwards. "Falling consumer sentiment and a deterioration in macroeconomic factors will have a stronger and longer negative impact on sales and earnings development than was foreseeable at the time the full-year forecast was published," it says in justification. The consumer slump coupled with high inflation will also affect online retailing. The Hamburg-based company now expects sales in the range of 1.905 to 2.078 billion euros - which would still be ten to 20 per cent more than in the previous year. More important, however, is the look at the earnings side. The adjusted loss before interest, taxes, depreciation and amortisation (Ebitda) is now expected to be 120 to 140 million euros. This is considerably more than the previous forecast of minus 50 to 70 million euros. The stock market reacted promptly to the adjusted forecasts. Co-chief Tarek Müller increased his shares,

"Outletcity Metzingen GmbH and its parent company Holy AG merged on September 20 and were renamed Outletcity AG. In the course of the merger, the company is also reorganizing its board of directors. Holy AG and its subsidiary Outletcity Metzingen GmbH have previously operated separately on the market on.

"This merger takes into account the growing awareness of the 'Outletcity' brand and at the same time administrative processes are streamlined," says Michael Henseling, CFO of Outletcity AG" 1952 performers were gathered in front of the Duomo in Milano to celebrate the 70 years of the company ! Happy Birthday Moncler! To another 70 years!

For about 10 days, the exhibition "Mythos Mozart" in the basement of the Steffl Department Store is now open, I have of course looked at it. As a visitor, you are automatically guided through the rooms, without a guide. These offer a visual and auditory experience. Mozart had composed the Requiem and the Magic Flute in this house (Rauhensteingasse 8, the rear part of the Steffl Department Store) before he died there in December 1791. Currently, the shop windows are decorated with paper art on the theme of Mozart - works by Ukrainian artist Aysa Kozina. "Myth Mozart" is a multimedia and interactive experience for young and old. "The world's first immersive Nespresso recently opened in Vienna. Nespresso's new Imersive Room creates an extraordinary coffee experience that engages all five senses. Surrounded by stunning scenery, you embark on an interactive journey - from the preparation of a special recipe to a professional coffee tasting. ""The Immersive Room in the Nespresso Atelier takes our ambition to create an unprecedented experience in the retail space to the next level,"" says Alessandro Piccinini, Managing Director of Nespresso Austria. The world-renowned Austrian top chef Hubert Wallner virtually prepares a dessert recipe he created especially for the occasion together with the guests. In the process, he also provides insights into the origin of the ingredients, which all come from Carinthian suppliers in the region and are prepared individually for each guest. In collaboration with the Künstlerhaus Wien artists' association, Nespresso is exhibiting a work of art by Austrian street and urban artist Golif in the entrance area of the Immersive Room, giving a small taste of the unique, multi-sensory experience that awaits visitors in the Immersive Room itself. Session for 1-4 people. Duration around 45min. Cost: 10€ /person Registration required " Study tour with the Austrian council of Shopping Places. Day 1 visit of the IAAPA fair, the International Association of Amusement Parks and Attractions. Day 2 started with a guided tour of Harrods - 1 hour earlier it was opened exclusively for us and we were guided through the house. Umdasch has been working for many years on the careful redesign of, among other things, the Foodcorner. Of course, I was also in the Moet & Chandon Bar, the opening of which we reported. The area of the Egyptian escalator has the new, all pink CHoo Cafe ( Jimmy Choo has also discovered pink for himself, not only Valentino- recently with its own color code) Thus, in addition to the Tiffany Blue Box cafe another way to recover a little from of shopping. In the basement you can dive into the Christmas world. There is also a great selection of books and exquisite wines and spirits. Other exciting visits were on the program. Covent Garden, Knightbridge…Philipp Plein Shop & NFT Musueum, Selfridges had great installations including "The Giant" by Gentle Monster. I added a day and then went to Spitalfield Market, Boxpark ( container stores & gastro) Shoreditch and London Fields. London was in the sign of the Queen. Each Store has honored her and put a picture or text memory in the display. A study published by the market research company ECC Cologne, the subsidiary of the Institute for Retail Research (IFH) surveyed over 1,300 consumers in Germany and the USA from July to August this year. One result is particularly interesting for fashion companies: 41% of those in Germany and the USA can expressly imagine shopping in virtual shopping centers or showrooms. Of these, two-thirds (67%) are interested in ordering physical fashion products and accessories from the Metaverse for home delivery. This results in interior and virtual music (what's this?) In general, ie across all product groups, 60% of the rest (Germany: 54%, USA: 65%) can imagine having products bought in the Metaverse delivered to their homes. For 36% of the shares, the purchase of virtual products for their own digital identity is conceivable. Mid-September was also the Digital X, this time widely distributed in the center of Cologne. Was the first to be scanned in a box 3 d and then got an avatar of me sent. This one does funny things and looks like me :-) There were also apps such as the dermatologist app, others on the subject of footwear for scanning the sizes and ordering the appropriate ones or for the exact fitting of insoles. The future of work was discussed and exciting panels with experienced specialists and investors were at the start. On the main stage, for example:CEO of Deutsche Telekom AG Tim Höttges in conversation with angel investor and venture capitalist and Lakestar founder and chairman Klaus Hommels, who invested early in companies like Airbnb. Facebook, Xing and skype. Lakestar was the first European VC fund to launch a SPAC (Special Purpose Acquisition Company) on the Frankfurt Stock Exchange. The $1.4 billion deal closed in late 2021 with travel startup HomeToGo. A champion of European technology, Hommels is an investor in Revolut and Klarna, two fintechs with 2021 valuations of $33 billion and $45.6 billion, respectively. Now that there's room for real estate, music, fashion, etc. in the Metaverse, why not journalism? Gloria Maria Cappelletti, a Milan-based art and fashion curator and digital art advocate, is launching Red-Eye, a magazine designed to live inside and outside the metaverse. Red-Eye, which debuted a website and accompanying metaverse on Spatial.io last Wednesday, chose that platform because, compared to fashion favorites Roblox and Decentraland, it offers a more visually compelling experience. The Metaverse component will be accessible via computers, cell phones and enhanced via Oculus VR devices. It will be published quarterly. The first issue will feature conversations with Cathy Hackl, a Web3 expert and authority often referred to as the godmother of the metaverse, who will present her new book and a collection of NFTs in Spatial. The Web2 magazine will also feature an interview with Tommy Hilfiger, one of the earliest and most prolific users of the metaverse, particularly Roblox. "It's a mix of content that appeals to a younger audience because they know the environment, but also one that might appeal to adults, it's a mix of worlds," Cappelletti said. Red-Eye launches in partnership with Gianluca Reina, who has several gigs behind him, including co-founder and publisher of Cabana magazine, co-founder and partner of digital agency Ready2Fly and event agency Fasten Seatbelt. Cappelletti has further found that dwell time on Metaversen is longer than on other media, which could make Red-Eye an advantage for brands. From every bottle sold, the Hamburg-based beverage company Lemonaid gives a few cents to good causes - and has been doing so for years. But the tax office does not want to recognise the social commitment and demands a hefty back tax payment. The beverage company Lemonaid sees itself as a social enterprise and transfers 5 cents for every bottle sold to the independent and non-profit association "Lemonaid & ChariTea e.V.". To date, more than seven million euros have been collected, which the association uses to support social projects in the growing regions. For the audit period 2015 to 2017 alone, the tax office is demanding an additional payment of 650,000 euros. If Lemonaid accepts and the claim is subsequently extended to all years since the sponsorship was established, the makers of Lemonaid would have to transfer more than three million euros to the tax office,

Yvon Chouinard never wanted to be a businessman. At least that's what the founder of the outdoor clothing company Patagonia says about himself - in an open letter in which the 83-year-old announces that he will transfer his shares in the company to two charitable foundations.Patagonia is now a global brand for do-gooders and worth around three billion dollars. this is an extraordinary step even for a company whose social, ecological and political commitment is consciously part of its brand essence.Chouinard is making his fortune available to environmental protection and wants to finance measures against climate change. "All profits that are not reinvested in the company, and that is 100m a year, will be used in future for the fight against global warming and for nature conservation through foundations set up for this purpose. "If we want to have even the slightest hope of a liveable planet in the next 50 years, we must do everything we can with the resources at our disposal," writes Chouinard.

https://hmgroup.com/wp-content/uploads/2022/09/The-HM-groups-sales-development-in-the-third-quarter-2022.pdf, https://fashionunited.de/nachrichten/business/zara-mutter-inditex-kann-jahresgewinn-nahezu-verdreifachen/2022031645672 https://www.retailgazette.co.uk/blog/2022/09/primark-trials-self-checkout-tills-to-help-speed-up-checkout-process/ ABF-Trading-update-Pre-close-8-September.pdf.downloadasset.pdf About You erwartet höheren Verlust – Aktie verliert deutlich https://de.fashionnetwork.com/news/Holy-ag-und-outletcity-metzingen-gmbh-werden-zu-outletcity-ag,1441554.html https://mythos-mozart.com/de/ https://www.nespresso.com/at/en/immersive-room

https://www.textilwirtschaft.de/business/news/verkaufsfoerderung-gkk-startet-erste-live-shopping-show-237452?utm_source=%2Fmeta%2Fnewsletter%2Ftoday&utm_medium=newsletter&utm_campaign=nl9442-abonnent&utm_term=1b8f17d25fdacc598ca2a6f8ac11e0f9 Quelle https://www.textilwirtschaft.de/business/news/studie-von-ecc-handel-so-stark-sind-verbraucher-am-metaverse-shopping-interessiert-237435?utm_source=%2Fmeta%2Fnewsletter%2Ftoday&utm_medium=newsletter&utm_campaign=nl9442-abonnent&utm_term=1b8f17d25fdacc598ca2a6f8ac11e0f9 https://www.forbes.com/profile/klaus-hommels/?sh=3cfbe8cbe3e1 https://wwd.com/fashion-news/fashion-scoops/wwd-scoops-meta-verse-magazine-anna-sui-rugs-1235345683/?cx_testId=1&cx_testVariant=cx_1&cx_artPos=1#cxrecs_s

https://www.stern.de/amp/wirtschaft/news/lemonaid-drohen-steuernachzahlungen-in-millionenhoehe-32718008.html?xing_share=news https://www.handelsblatt.com/unternehmen/handel-konsumgueter/yvon-chouinard-die-erde-ist-unsere-einzige-anteilseignerin-gruender-von-patagonia-gibt-firma-fuer-klimaschutz-ab/28682350.html