All Financial results articles
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NewsZalando cites AI and About You integration for double-digit revenue increase
Fashion retailer and tech provider Zalando has said revenue was up by 23.8% in the first quarter of the year, with adjusted EBIT reaching €65m.
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NewsNext to raise overseas prices due to Middle East conflict
Fashion giant Next has said it will implement “moderate” price increases in some international territories and pair them with “operational cost savings”.
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NewsCastore boss hails ‘strong performance’ despite deepening losses
Sportswear retailer Castore’s boss Tom Beahon has hailed another “strong performance” from the business, despite posting deepening losses for the year.
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NewsAdidas gears up for bumper year after strong first quarter
Adidas is anticipating a strong financial performance this year, despite several headwinds, as it gears up for a summer of sport.
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NewsHalfords to hit top end of profit expectations
Halfords is expected to hit the top end of its pre-tax profit range following strong trading and further gross margin expansion.
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NewsCard Factory performance impacted by slow high street footfall
Card Factory has posted an increase in full-year sales, but reported slow high street footfall had impacted its performance.
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NewsSainsbury’s in consultation with Tu clothing staff ahead of restructuring
Sainsbury’s is currently in consultation with Tu clothing staff about a reshaping of its fashion business that will lead to job cuts, Retail Week understands.
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NewsAsos shows ‘topline improvement’ as losses narrow and customer base grows
Asos has reported early signs of “topline improvement” as its losses narrow, and it has grown new customers.
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NewsWHSmith revenues rise but it warns of Middle East impact on summer travel
WHSmith saw its revenue rise across the business, but it is cautious about the outlook as conflict in the Middle East is set to disrupt summer travel.
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NewsSainsbury’s ‘outperforms market’ as sales continue to grow
Supermarket Sainsbury’s has said it has “outperformed the market” for six years in a row as it reported rising sales.
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NewsTesco unveils £750m share buyback scheme
Grocery giant Tesco has launched a share buyback scheme in a bid to reduce its share capital.
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NewsJD Sports chair Andy Higginson to step down
JD Sports has confirmed that chair Andy Higginson will be stepping down from the retailer in the summer.
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NewsPrimark profits fall as parent ABF presses button on demerger
Fashion giant Primark is to be demerged, owner ABF has confirmed, as the retailer posted a fall in first-half earnings.
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NewsThe Entertainer strikes funding package ‘ensuring growth momentum continues’
Toy specialist The Entertainer has arranged a new agreement with its bank, providing it with “financial firepower” for further investment in growth.
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NewsMulberry returns to sales growth as turnaround takes effect
Mulberry has returned to sales growth across all its channels, driven by a strong momentum in the second half and its ‘Back to Mulberry Spirit’ turnaround strategy.
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NewsDunelm flags profit at lower end of forecast as Middle East conflict hits consumer confidence
Dunelm anticipates its annual profit to sit at the lower end of market expectations as it battles with weak consumer spending due to the ongoing conflict in the Middle East.
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NewsTesco profits rise but warns of Middle East impact
Tesco has widened its profit forecast for its current financial year amid growing uncertainty around the ongoing conflict in the Middle East.
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NewsSosandar back in black as sales surge
Sosandar has posted a return to profit following strong sales growth across all channels and a focus on profitability.
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NewsMothercare sales slip as uncertainty in Middle East takes its toll
Mothercare retail sales have fallen in the UK and Middle East markets due to uncertainty and impact of the Iran war.
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NewsAO hails strong revenue and profit growth
AO said it was continuing to build momentum after a year of strong revenue and profit growth, which is now expected to sit at the top end of its previous guidance, in a pre-close trading update this morning (April 10).