Tag : financial result
Asos ‘well prepared’ for no-deal BrexitSubscription
Asos chief executive Nick Beighton has said the business is prepared for all possible Brexit outcomes as the UK’s deadline to leave the European Union looms.
Burberry sales inch up in ‘transition’ periodSubscription
Burberry has announced a 3% rise in comparable sales for the first quarter of 2018, as the luxury brand undergoes a “period of transition” ahead of Riccardo Tisci’s first season as chief creative officer.
M&S has announced a further fall to its clothing and home sales in the third quarter of 2017, as total group revenue inches down.
Ecommerce boosts Christmas revenues at Footasylum Subscription
Footwear retailer Footasylum has reported revenues of £89.8m for the 18 weeks to 30 December, up 33.4%.
Inditex profits climb to £654mSubscription
Net profit at Spanish fashion group Inditex was up 10% year on year to €734m (£654m) for the first quarter of its 2019/20 financial year.
Intu issues income warningSubscription
Shopping centre owner Intu Properties said it expects full-year like-for-like net rental income for the three months to 30 September to be down 9% year on year, blaming company voluntary arrangements at Arcadia Group and Monsoon for “more than half” of the reduction.
John Lewis fashion sales riseSubscription
Fashion sales at John Lewis and Partners increased by 4% last week.
Joules celebrates ‘strong’ yearSubscription
British lifestyle brand Joules has reported a revenue uplift of 17.2% year on year to £218m for the 52 weeks to 26 May.
Joules sales decline after stock errorSubscription
Sales at British lifestyle brand Joules fell by 4.5% year on year over the seven-week Christmas period to 5 January 2020, as a result of disappointing online sales and a stock availability issue through the end-of-season Sale event.
Indian etailer Koovs has reported a 100% year-on-year increase in gross order value to £5m in the second quarter of its 2019/20 financial year.