Tag : financial results
Stella McCartney swings to a lossSubscription
Luxury fashion brand Stella McCartney has plunged into the red with a 219% drop in operating profits for the year to 31 December 2018 – equating to an operating loss of £10.8m.
Wolf & Badger online sales almost doubleSubscription
Online sales at multi-brand concept retailer Wolf & Badger grew 59% to £10.5m in 2019, compared with £6.6m in 2018.
John Lewis weekly fashion sales slideSubscription
Fashion sales at John Lewis & Partners were down 2.8% for the week ending 18 January compared with the same week last year.
Joules revenue drops Subscription
Joules has reported a 1.4% drop in group revenue to £111.6m, for the 26 weeks ending 24 November 2019. The news comes after the lifestyle retailer announced “disappointing” sales over Christmas, due to poor online stock availability.
Christmas boost for Crew ClothingSubscription
Coastal inspired British brand Crew Clothing has reported a 12% year on year boost to sales over the Christmas period.
Moss Bros sales fallSubscription
Total sales at Moss Bros for the 24 weeks to 11 January fell 3% year on year, while like-for-like sales were down 3.2%.
N Brown warns on profitsSubscription
N Brown Group has said it expects profits for the full year to be lower than expected as a result of a highly promotional market, lower financial services revenue and a lower than expected benefit from the IFRS9 non-cash provision estimate.
Christmas sales up at PrimarkSubscription
Sales at Primark in the 16 weeks to 4 January were up 4.5% on 2018/19, boosted by new store openings.
Consumers “pulled forward” Christmas gift purchases to take advantage of Black Friday discounting, analysts have told Drapers, as multiple retailers report a slump in festive sales.
A strong performance across men’s clothing, beauty, vegan foods and toys helped to drive a 5% sales lift at Selfridges in the 24 days leading up to Christmas.