Tag : trading update
Shoe Zone revenue steady after profit warningSubscription
Shoe Zone has reported a 0.8% increase in revenues to £161.9m in its pre-close trading update for the 53 weeks to 5 October 2019.
30,000 retailers in 'significant distress’Subscription
More than 30,000 UK retailers are in “significant financial distress” despite it being the busiest shopping period of the year, new data has shown.
Arcadia 'sales slump'Subscription
Sales at Arcadia Group have reportedly fallen by 16.6% year on year in the three months to 18 November.
Retailers ‘panicked’ into autumn Sales Subscription
Retailers across the UK have launched discounts on new-season products, as warm September temperatures dampen demand for coats and knitwear.
High street hopeful for cool bank holiday Subscription
Retailers and suppliers are hoping the end of the 2018 summer heatwave will lure shoppers back into stores ahead of the August bank holiday weekend.
Irish independents have reported sluggish footfall over the summer months as one of the longest spells of fine weather recorded since 1976 led shoppers to shun the high street.
Asos CEO shifts focus to infrastructureSubscription
Asos chief executive Nick Beighton has defended the slowdown in the rate of growth at the etailer, saying the business has shifted its focus to investing in its infrastructure.
Asos sales up by one-fifthSubscription
Asos has continued to gain market share with a reported retail sales increase of 22% to £802.7m from £660.1m in the four months to 30 June year on year.
Joules revenues rise by one-fifthSubscription
Joules increased group revenue by 18.4% to £185.9m for the year to 27 May compared with 2016/17.
Suppliers squeezed by struggling multiplesSubscription
Suppliers are being put under increasing pressure by multiples as they cut volumes, impose extended payment terms and even cancel orders.
'Disappointing' store sales at BonmarchéSubscription
Like-for-like sales at womenswear retailer Bonmarché dropped 1.5% in the year to 31 March, as a result of “disappointing” store performance but strong online growth.
Retail sales slip in cold weather Subscription
Retail sales fell in the first quarter of 2018, as cold weather deterred shoppers.
Multiples braced for ‘lacklustre’ EasterSubscription
Multiples across the UK are bracing for a “lacklustre” Easter trading period as extreme weather conditions and dwindling footfall has dampened consumer appetite.
Suppliers out in the cold as tough trade bitesSubscription
Sub-zero temperatures have added to high street suppliers’ woes, as poor sales of spring stock spur retailers to delay deliveries and reduce their reliance on forward orders.
Spring sales stutter in face of consumer cautionSubscription
Tough trading has continued on the high street as shoppers are yet to embrace new-season spring collections, retail bosses said this week.
John Lewis fashion sales thriveSubscription
John Lewis has posted double-digit weekly sales growth year on year for both its menswear and womenswear categories, driven by lifestyle retailer Boden’s womenswear launch.
Womenswear drives sales and profits at BodenSubscription
Boden’s pre-tax profit grew 9.6% to £26.2m in the year to 31 December 2016, boosted by strong womenswear sales.
New-season fillip for high streetSubscription
Multiples and brands have reported a “strong reaction” from shoppers to new, transitional product as the autumn 17 season kicks off.
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.
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.