Tag : trading update
Bank holiday promotions fail to buoy trade Subscription
The August bank holiday weekend fell flat for multiples as warm weather and flash promotions across the high street failed to tempt shoppers into stores.
Tourist spend soars in London’s West EndSubscription
Tax-free tourist spend in London’s West End during August jumped 44% year on year, as overseas visitors took advantage of favourable exchange rates following the Brexit vote.
Halloween boosts October fashion sales Subscription
Non-food retail like-for-like sales have edged up 0.6% for the three months to 31 October, thanks to new season ranges and Halloween spending, according to the KPMG Retail Sales Monitor.
Debenhams reports Christmas trading boostSubscription
Debenhams has reported a 5% increase in like-for-like sales in the seven weeks leading up to 7 January 2016, driven by strong performance in beauty and gifts.
Christmas sales rise at Superdry Subscription
SuperGroup has reported revenues of £162.1m in the 10 weeks to 7 January 2017, up 20.6% year on year, boosted by rapid international store expansion and the drop in the value of sterling.
Mothercare's UK sales bolstered by online growthSubscription
Mothercare’s like-for-like sales in the UK edged up 1% in the 13 weeks to 7 January, driven by a 5.5% uplift online.
Total sales at Primark were up 11% on a reported basis (22% on a constant currency basis) for the 16 weeks to 7 January 2017, driven by an increase in selling space.
John Lewis sales edged up 3.7% year-on-year to £89.1m for the week to 14 January 2017, but fashion sales fashion sales tailed off following earlier strong trading.
Multiples across the UK are readying for a bumper Easter bank holiday weekend as shoppers are expected to take to the high street in the warm spring weather.
Next to report further dip in salesSubscription
Next is expected to release another disappointing trading update this week, as weak consumer confidence offsets a boost from the warm weather in March.