Tag : financial result
Sales up at H&M group despite UK troublesSubscription
H&M group has reported net sales were up 12% year on year in the three months to 31 August, despite annual profits falling by 74% at its UK arm.
Sales edge up at PrimarkSubscription
Sales at Primark have risen 4% year on year for the 52 weeks to 14 September, as the retailer’s expansion continues apace. However, like-for-like sales dropped by 2% for the period, and it warned that future margins are set to take a hit.
Sales edge up at Hugo BossSubscription
Hugo Boss expects full-year sales to reach the lower end of its forecast, after its second-quarter financials were hit by “persisting challenges” in the US.
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.
Tisci's designs drive sales uplift at BurberrySubscription
Burberry’s retail revenue grew 4% year on year to £498m for the 13 weeks to 29 June.
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.
Revenue jumps 39% at Boohoo GroupSubscription
Boohoo Group has reported a 39% increase in revenue to £254.3m for the three months to 31 May.
Revenue up at Canada Goose, but shares dropSubscription
Luxury outwear brand Canada Goose has released full-year results for the year to 31 March, revealing a rise in total revenue of 40.5% year on year to C$830.5m (£486.6m).
Profits drop at Marks & SpencerSubscription
Marks & Spencer CEO Steve Rowe has insisted there are “green shoots” in the business’ transformation plans, despite the retailer reporting a 9.9% drop in profit before tax and adjusting items for the year to 30 March 2019.
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.
John Lewis fashion sales riseSubscription
Fashion sales at John Lewis and Partners increased by 4% last week.
Next chief executive Lord Wolfson has said the biggest risk to the retailer in the event of a no-deal Brexit is that ports will seize up and restrict the flow of goods coming into the UK.
Sales soar but losses deepen at Canada GooseSubscription
Luxury outerwear brand Canada Goose has reported soaring sales and a 58.5% jump in revenue to C$44.7m (£26.73m) for the first quarter of 2019.
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.
Value womenswear retailer Bonmarché has announced a 38.1% jump in profit before tax, to £8m, for the full year to 31 March 2018, as online sales fuel promise of a turnaround.
Sales inch up at H&MSubscription
H&M Group has reported a 2% lift in sales for the second quarter of 2018.
Zalando sales boosted by beauty launchSubscription
Zalando has announced a 22% growth in revenue to €1.2bn (£1.05bn) for the first quarter of 2018 year on year, as the launch of its new beauty category fuelled strong sales.
Strong growth at Ted BakerSubscription
Ted Baker has announced strong cross-channel and international growth for the full year to 27 January 2018, with revenues and profit before tax rising 11.4% and 12.3% respectively.
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%.
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.
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