Tag : trading updates
2019: a make-or-break year for fashion retailSubscription
Administrations, poor Christmas trading and gloomy predictions marked the start of 2019. Is this year shaping up to be even worse than the disastrous 2018?
Fashion industry leaders' predictions for 2019Subscription
With Brexit looming, consumer confidence dwindling and retailers seeking new ways to offer the best experience for shoppers, Drapers speaks to fashion leaders across the industry to see what they predict for the year ahead.
Group turnover at AllSaints rose 8% to £327m in the 53 weeks to 3 February 2018, but its profits took a hit from increased store operating costs and investment to support its international expansion.
Warm winter hits fashion sales at John Lewis Subscription
Fashion sales at John Lewis & Partners fell by 11% for the week to 10 November after the retailer was hit by “unseasonably mild weather” and the impact of its price-matching promise.
Profits jump at AsosSubscription
Asos has announced a 28% increase in profit before tax to £102m for the year to 31 August, despite investing heavily to support its future growth.
Shoe shoppers drag their feet in Indian summerSubscription
Independent footwear retailers have reported a slow start to autumn trade as warm temperatures cooled shoppers’ demand for new-season styles.
Independents look ahead after a difficult summerSubscription
Independent retailers around the country are cautiously optimistic about the new autumn season following a hard summer.
High street sales 'on fire' in spring heatwaveSubscription
Multiple retailers welcomed a much-needed boost to sales and footfall last week, thanks to a heatwave following a prolonged spell of unseasonably cold weather.
Several independent retailers across the UK are falling behind on payments following a difficult start to 2018, agents have told Drapers.
Analysis: Where next for New Look?Subscription
As New Look faces more challenges, Drapers looks at what needs to be done to turn its fortunes around.
Fashion sales dip as poor weather persistsSubscription
Like-for-like fashion sales fell by 1.7% last week in comparison with the same week last year.
Independent retailers have expressed confidence about 2018 after a “buoyant” Christmas trading period.
Shoe Zone store strategy dents revenueSubscription
Shoe Zone’s revenue dipped by 1.3% year on year to £157.8m in the 52 weeks to 30 September, after it closed more of its loss-making stores.
Growing brand awareness boosts sales at QuizSubscription
Group revenue at women’s fast fashion retailer Quiz climbed by 31.9% in the seven weeks to 6 January, compared with the year before.
Comment: Debenhams needs a Next-style turnaroundSubscription
Debenhams’ Christmas trading update yesterday brought a sobering end to the festive season on the high street.
Retailers pin hopes on last-minute festive flurry Subscription
Multiple retailers and department stores are hoping for a busy final week in the run-up to Christmas, following a post-Black Friday slump in trade.
Cautious Fenwick warns of pressures aheadSubscription
Fenwick has kicked off a strategic review to ensure it “prospers” in the face of future challenges, after reporting a fall in full-year turnover and profits.
Suppliers warn of 'tough' November Subscription
Suppliers to high street multiples and department stores have warned of another difficult month of trading ahead, following a “terrible” October.
Harrods hits £2bn sales markSubscription
Harrods has posted record sales and profits for the year to 28 January, as it continues to attract global shoppers thanks in part to the weakness of sterling.
Sports Direct bullish ahead of AGMSubscription
Sports Direct has said its new generation of flagship stores “continues to exceed our expectations”, as it prepares to hold its annual general meeting later today.