Financial results. Inditex widens the gap with H&M and Fast Retailing in 2022 Europe In 2022, the world's largest fashion Inditex retailer posted a profit of €4 billion, up by 27% on 2021. A net result that places the group above fast-fashion competitors.
With 19% of online sales, Target reinvests US$100 million in e-commerce logistics Americas The supermarket chain has announced that it is investing US$100 million in its e-commerce logistics to build six new order preparation centres by 2026. With this investment, Target is capitalising on its profitability driver: e-commerce. Interestingly, the company has reached a ceiling in its online sales last year.
USA: Meta stops live shopping initiatives Americas In mid-February 2023, Meta (turnover of US$117 billion in 2022 down by 1%) indicated the end of the possibility to tag products (and thus make them “shoppable”) in live videos on …
In 2022, Lego’s profit margin ratio exceeded that of LVMH Europe In 2022, Lego‘s turnover slowed down. From 27% growth a year ago, it grew by 17% in 2022 to €8.7 billion (constant rates) via 904 stores.…
Zalando’s sales growth stopped in 2022, with operating margin divided by three Following a meteoric growth in 2021 (turnover of €10.35 billion up by 29.7%), Zalando‘s sales reached €10.34 billion in 2022,…
DIY : The Home Depot saves margin in 2022, despite a weak housing market in the US On February 21, The Home Depot released annual results. Despite the weak property market in the USA, the company managed to retain margin. However, the current fiscal year looks risky and the retailer warned about a fall in profits.
Walmart returns to strong growth in 2022, at the expense of margin Americas With a low price positioning, Walmart has managed to accelerate growth in 2022. This policy has nevertheless cost profitability. Note: the group has generated US$600 million in additional advertising revenue in one year.
