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Tag : trading updates

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  • john lewis bonus

    10% bonus for John Lewis staff despite profit dropSubscription

    News10 March 2016

    John Lewis announced this morning that all its staff will receive a bonus of 10% of their annual salary, despite profits at the department store chain slipping 10.9% to £305.5m. 

  • Gola Classics spring 16

    Footwear sector hopes trade steps up in springSubscription

    News7 March 2016

    Retailers and suppliers across the footwear industry are hoping for brighter weather to kickstart spring sales following a particularly tough end to the winter season.

  • Retailers have said customers are still picking up Sale items

    Big retailers struggle with tough trading in FebruarySubscription

    News2 March 2016

    Multiples and department stores continued to face a tough retail environment in February, citing cold weather, uncertainty over Brexit and fragile stock markets as factors that stifled trade. 

  • Kate Spade store

    Kate Spade sales rise 9.1%Subscription

    News2 March 2016

    US accessories brand Kate Spade reported net sales for the year to January 2 rose 9.1% to $1.2bn (£860m), while adjusted EBITDA was £203m.

  • The chain said it was building a stronger relationship with customers via digital

    Gap outlook for 2016 weakens as sales fall 7% Subscription

    News26 February 2016

    Profit and sales at Gap took a tumble in the fourth quarter of its financial year, as the troubled clothing chain offered a weaker than expected outlook for 2016.

  • TK Maxx

    TK Maxx owner posts sales and profit riseSubscription

    News26 February 2016

    TJX Europe, the parent company of off-price chain TK Maxx, increased net sales by 13% to $4.64bn (£3.31bn) excluding the impact of currency exchange, while profit was up 3% to $335m (£239bn) for the year to January 30.

  • Gerry Weber

    Gerry Weber 'to return to profit growth within two years' Subscription

    News26 February 2016

    German womenswear brand Gerry Weber has said it will return to profit growth in 18 to 24 months following a realignment of the group.

  • Primark spring 16

    Smart buying got us back on track, says Primark finance bossSubscription

    News24 February 2016

    Sales at Primark have recovered after a “difficult” Christmas trading period thanks to tighter buying and the popularity of transitional pieces, John Bason,  finance director of its parent company, Associated British Foods, said this week.

  • Discounting on the high street credit Alan Cleaver

    Retailers hail positive start to yearSubscription

    News11 February 2016

    Fashion retailers enjoyed an “encouraging” start to the year as the January Sales prompted shoppers to stock up on winter clothing, but warned a return to full price and the introduction of spring lines will be the true test of the market over the coming weeks.

  • High Street

    January Sales provide welcome boost for high streetSubscription

    News5 February 2016

    High street fashion sales bounced back in January, posting a year-on-year rise of 1.9%, BDO’s monthly tracker shows.

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