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Tag : trading updates

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  • Bmhx6p alamy 1 time use only

    2019: a make-or-break year for fashion retailSubscription

    News7 January 2019

    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?

  • Exec index

    Fashion industry leaders' predictions for 2019Subscription

    Comment3 January 2019

    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. 

  • Allsaints aw18

    AllSaints profits hit by store costs and overseas growthSubscription

    News28 November 2018

    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.

  • John Lewis & Partners

    Warm winter hits fashion sales at John Lewis Subscription

    News13 November 2018

    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.

  • asos aw 18

    Profits jump at AsosSubscription

    News17 October 2018

    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.

  • High street web shutterstock 378799936

    Shoe shoppers drag their feet in Indian summerSubscription

    News8 October 2018

    Independent footwear retailers have reported a slow start to autumn trade as warm temperatures cooled shoppers’ demand for new-season styles.

  • 20150319_LaurenFerguson_2634

    Independents look ahead after a difficult summerSubscription

    News7 September 2018

    Independent retailers around the country are cautiously optimistic about the new autumn season following a hard summer.

  • high street

    High street sales 'on fire' in spring heatwaveSubscription

    News24 April 2018

    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.

  • rainy high street

    Indies struggle with payments after tough first quarterSubscription

    News24 April 2018

    Several independent retailers across the UK are falling behind on payments following a difficult start to 2018, agents have told Drapers.

  • Newlook 867047

    Analysis: Where next for New Look?Subscription

    Comment15 February 2018

    As New Look faces more challenges, Drapers looks at what needs to be done to turn its fortunes around.

  • High street

    Fashion sales dip as poor weather persistsSubscription

    News2 February 2018

    Like-for-like fashion sales fell by 1.7% last week in comparison with the same week last year.

  • black white denim

    Indies optimistic about 2018 after strong ChristmasSubscription

    News16 January 2018

    Independent retailers have expressed confidence about 2018 after a “buoyant” Christmas trading period. 

  • Shoe zone gallions reach

    Shoe Zone store strategy dents revenueSubscription

    News10 January 2018

    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.

  • Rsacquiz casual 2017 raw shot 8 0235 rt

    Growing brand awareness boosts sales at QuizSubscription

    News10 January 2018

    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.

  • Jill Geoghegan 2016

    Comment: Debenhams needs a Next-style turnaroundSubscription

    Comment5 January 2018

    Debenhams’ Christmas trading update yesterday brought a sobering end to the festive season on the high street.

  • christmas shoppers

    Retailers pin hopes on last-minute festive flurry Subscription

    News12 December 2017

    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.

  • Fenwick Bracknell

    Cautious Fenwick warns of pressures aheadSubscription

    News8 November 2017

    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.

  • Black Friday 2016 on London's Oxford Street

    Suppliers warn of 'tough' November Subscription

    News7 November 2017

    Suppliers to high street multiples and department stores have warned of another difficult month of trading ahead, following a “terrible” October.

  • Handbags at dawn

    Harrods hits £2bn sales markSubscription

    News16 October 2017

    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.

  • 3028041 sports direct exterior

    Sports Direct bullish ahead of AGMSubscription

    News6 September 2017

    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.

  • john lewis andor autumn 17

    Fashion sales edge up at John LewisSubscription

    News6 September 2017

    Fashion sales were up 1% at John Lewis last week, but a poor performance in its home category dragged down the department store group’s total sales for the period.

  • hm sale

    Retailers anticipate Bank Holiday boostSubscription

    News22 August 2017

    Multiple retailers are counting on new-season product and further discounting to drive sales over the upcoming Bank Holiday weekend.

  • Converse ladies

    Footwear retailers upbeat as trading picks upSubscription

    News15 August 2017

    Footwear retailers have said they are optimistic for autumn following an unexpected uplift in trading this season.

  • 32 the guild

    Spring weather warms up trade for indiesSubscription

    News10 April 2017

    Contemporary independents in the southern half of England have reported an uptick in sales following warmer temperatures over the last couple of weeks.

  • Sunny high street

    A spring in the step of indies as multiples falterSubscription

    News7 March 2017

    New-season promotions and faltering consumer confidence have created a challenging environment for some multiples over the last few weeks, but specialist retailers reported a more positive start to spring trading.

  • Buchanan Street, Glasgow

    ‘Dreich’ sales for Scottish retailers in JanuarySubscription

    News15 February 2017

    Like-for-like retail sales in Scotland fell by 3.2% in January as shoppers kept a firmer grip on their wallets after the festive period.

  • jd williams

    Analysis: Online is key to capturing grey pound in 2017Subscription

    News25 January 2017

    The mixed performance of N Brown Group and Bonmarché over Christmas underlined the importance of investing in attracting the “grey pound” online.

  • Reiss

    Reiss's cracking multichannel ChristmasSubscription

    News16 January 2017

    Total sales at Reiss rose by 19.7% year on year in the six weeks to 7 January thanks to growth in its UK like-for-like sales, ecommerce sales and international expansion.

  • Hobbs AW16

    Strong Christmas trading at HobbsSubscription

    News16 January 2017

    Sales at Hobbs rose 14.3% year on year in the 13 weeks to 31 December, driven by international and online growth.

  • Asos

    Smart Brexit strategy supported sales growth, says Asos bossSubscription

    News12 January 2017

    Asos capitalised on opportunities to grow its international business when the value of the pound fell following the EU referendum, helping overall retail sales to soar 36% despite challenges in the UK fashion market.

  • Marks & Spencer's 2016 Christmas advert

    M&S 'self-help story' off to strong start, says RoweSubscription

    News12 January 2017

    Lower prices, reduced discounting and a focus on differentiating product were key to Marks & Spencer’s clothing turnaround over the Christmas period, as the retailer kicked off its “self-help story”, according to chief executive Steve Rowe.

  • John Lewis' first ever branch in Essex opened today

    John Lewis Christmas sales clouded by staff bonus warningSubscription

    News12 January 2017

    John Lewis Partnership has reported positive Christmas results, but warned that its full-year staff bonus is likely to be “significantly lower” than last year due to external pressures on trading.

  • Nigel Oddy

    HoF in good shape for challenging 2017, says CEO Subscription

    News11 January 2017

    House of Fraser chief executive Nigel Oddy has said the department store group is in a good position for the “challenging” year ahead, following a solid Christmas performance.

  • joules edinburgh1

    Festive sales up at JoulesSubscription

    News11 January 2017

    Joules reported a 22.8% increase year on year in retail sales over the Christmas period.

  • Oxford Street

    High street stutters but online sales soar over Christmas Subscription

    News10 January 2017

    Online triumphed over bricks-and-mortar during the festive season, as multichannel operators and pureplay etailers enjoyed “bumper” sales in the run-up to Christmas.

  • Dulwich trader

    Temperature drop lifts sales for indiesSubscription

    News17 October 2016

    Sales rise as autumn weather kicks in.

  • Winchester high street

    Spending on fashion falls in SeptemberSubscription

    News10 October 2016

    There was a welcome pick-up in overall household expenditure in September, but spending on clothing and footwear fell for the second month in a row, data compiled by Visa shows.

  • dartagnan

    Indies shake off Brexit nerves but still feel the heatSubscription

    News28 September 2016

    More unseasonable weather disrupts independents’ sales, as Brexit nerves recede

  • Li Fung

    Li & Fung CEO: ‘2016 one of the toughest trading periods ever’Subscription

    News25 August 2016

    “Retailers are extremely challenged right now,” said the group chief executive of Li & Fung, Spencer Fung, today, as the global supply group revealed lower order volumes for the first six months of the year.

  • John Lewis in Liverpool

    Late summer surge in John Lewis fashion sales Subscription

    News23 August 2016

    Fashion sales at John Lewis edged up 1.2% for the week to August 20 as this week’s warmer weather prompted late sales of summer stock.

  • Chinese shoppers on Bond Street

    Brexit boosts tourist spend in July Subscription

    News22 August 2016

    The UK enjoyed a 7% increase in tourist spend in July as the weakness of sterling following the Brexit vote in June attracted international shoppers.

  • condici

    Occasionwear indies toast bountiful wedding seasonSubscription

    News15 August 2016

    Occasionwear indies across the UK and Ireland have reported an increase in sales this wedding season, compared with last year, despite a slowdown in consumer confidence. 

  • H&M Bluewater

    H&M group sales rise 10% in JulySubscription

    News15 August 2016

    H&M group sales rose 10% in July in local currencies, compared with the same month in 2015.

  • Drapers Talks 12 August 2016

    Drapers Talks: Saving the British high streetVideoSubscription

    News12 August 2016

    Back after a break, in this week’s Drapers Talks head of news and features Kirsty McGregor and senior reporter Tara Hounslea discuss newly launched organisation savethehighstreet.org, as well as touching on New Look’s latest trading update.

  • John Lewis Birmingham

    John Lewis reports 'good trading' as fashion sales rise 5.4%Subscription

    News10 August 2016

    Fashion sales at John Lewis rose 5.4% year on year in the week to August 6, boosted by a strong performance in menswear.

  • Bognor Regis high street

    Sunshine sparks late clearance of summer stockSubscription

    News19 July 2016

    Warmer weather lifted the mood across UK high streets this week and some multiples reported a welcome upturn in trading, but others said it was “too little too late” to make a significant difference to sales of summer stock.

  • Clothing sale

    Non-food shop price deflation continues in JuneSubscription

    News6 July 2016

    Non-food shop prices fell by 2.8% year on year in June, following a 2.7% fall in May and a 2.9% fall in April.

  • Discounting on the high street credit Alan Cleaver

    Fashion market falls into decline for first time in six yearsSubscription

    News30 June 2016

    The fashion market in the UK has fallen into decline for the first time in six years, data from Kantar Worldpanel has shown.

  • Primark at Fort Kinnaird

    Morgan Stanley downgrades Primark ownerSubscription

    News23 June 2016

    Morgan Stanley downgraded Primark’s parent company Associated British Foods (ABF) from an “overweight” to “equal weight” asset after taking “a fresh look” at the clothing retailer’s operations.

  • Win marylin top 044

    Monsoon swings to a loss as trading challenges continueSubscription

    News10 May 2016

    Monsoon Accessorize made a loss last year after its sales were hit by tough trading conditions in the UK and some international markets, Drapers can reveal.

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