Tag : trading updates
Reduced discounting pays off for Moss BrosSubscription
Moss Bros has reported a rise in group like-for-like sales of 8.2% to £119m for the year to January 30, while underlying profit before tax grew 23.1% to £5.9m compared with the previous year.
Laura Ashley's profits and sales dip Subscription
Laura Ashley’s profit before tax and exceptional items were down 9.6% to £20.7m for the year to January 30, as total group sales fell 4.6% to £289.5m.
Retailers hope Easter will put a spring into sales Subscription
Department stores and multiples with stores across the UK are hoping the Easter bank holiday weekend will provide a welcome uplift to sales following a challenging start to the spring season.
Ireland's spring recovery driven by Dublin Subscription
Irish retailers enjoyed an upturn in trade during March but much of it was driven by strong footfall in Dublin, while smaller towns struggled.
Next is set to report a 3% fall in the number of customers using its lucrative credit facilities, continuing the decline from last year.
Zalando trials delivery from storesSubscription
Zalando delivered its first parcel from a bricks-and-mortar store in Berlin on Thursday (March 17), as part of its plan to become a platform to connect brands and consumers.
Ted Baker founder: ‘I want to stay in Europe’Subscription
“My personal view is that we should stay in [Europe],” said Ted Baker founder and chief executive Ray Kelvin today, as he announced another year of double-digit growth in sales and profits for the fashion and lifestyle brand.
Ted Baker pre-tax profits swell by 20%Subscription
Ted Baker’s pre-tax profits leapt up 20.3% to £58.7m for the year to January 30, as group revenue rose 17.7% to £456.2m despite the “uncertain backdrop in some markets”.
Sainsbury's clothing sales rise 10%Subscription
Sales of Sainsbury’s clothing brand Tu were up 10% during the fourth quarter to March 12, compared with the same period last year.
French Connection made a pre-tax loss of £3.5m for the year to January 31, following “disappointing trading” during the first half. Its losses have increased from £1.6m the year before.