All Financial results articles – Page 193
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NewsNew Look defies high street woes as profits rise 30%
New Look has defied tough consumer spending conditions to report a 30% increase in profit.
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NewsAldi profits rocket as shoppers feel the pinch
Aldi has recorded a 450% rise in operating profit to £103m as turnover rose 29% to £2.7bn.
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NewsAnalysis: Lakeland boss optimistic for Christmas sales growth
Despite tough trading conditions, homewares retailer Lakeland is steadily expanding.
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AnalysisInternational analysis: Ikea cuts prices to tap into Chinese market
After reporting sales rose 21% last year to CNY5.4bn (£527.1m), Colin Renwick, deputy retail manager of Ikea China, said that the country will be one of Ikea’s best-performing global locations of fiscal 2012.
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OpinionComment: Moss Bros set for growth
The Olympics effect on retail has been felt in some unexpected ways. At Moss Bros, the Games – along with the Jubilee celebrations and the Euro 2012 tournament – led to the deferral of weddings and an impact on its hire business in the first half.
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NewsHouse of Fraser positive after 'strong start' to second half
Like-for-like sales at House of Fraser rose 0.6% in the second quarter and the retailer said it had recorded a “strong start” to the second half.
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NewsThe Hut sales soar as EBITDA grows
Sales shot up at The Hut Group in the first half as EBITDA also grew at the online retail group.
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NewsPre-tax profit leaps at The Range
Pre-tax profit at value homewares and furniture retailer The Range surged almost 30% last year.
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NewsFocus on grabbing share rather than economy, urges JLP chairman
John Lewis Partnership chairman Charlie Mayfield said retailers should be focussing on how they can steal share as economic conditions remain tough.
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NewsAnalysis: Signet enjoys sales growth in 2012
Sales have been growing at the jeweller’s UK arm after a tough period.
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AnalysisAnalysis: Lessons from the September reporting season
A raft of retailers ranging from John Lewis to Argos and spanning food to homewares updated last week. Retail Week examines the picture they paint of retail conditions.
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OpinionComment: Uphill slog to get Blacks in shape
The 80% plunge in first-half profits at JD Sports, mainly attributable to recently acquired outdoor specialist Blacks, looks pretty awful at face value.
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NewsRiver Island takes profit hit to keep prices sharp
River Island pre-tax profits tumbled 25% to £86.9m last year as the fashion retailer absorbed higher costs, rather than pass them on to consumers, and invested in the business.
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NewsFrench Connection turnaround plan to take two years
French Connection expects to break even by the end of its financial year 2014/ 2015 after this morning revealing a series of measures aimed at turning the struggling business around.
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AnalysisFrench Connection: What the analysts say
French Connection has revealed a plan to turnaround its fortunes after reporting a pre-tax loss of £6.3m for the six months to the end of July 31. Unimpressed analysts are not expecting a quick return to profit.
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NewsJD Sports to roll out new Blacks format as it mulls Millets' future
JD Sports Fashion is set to roll out a new store format for Blacks as part of its turnaround plan, which is likely to see sister brand Millets leave the high street.
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AnalysisDebenhams: What the analysts say
Debenhams surprised the City by continuing to report like-for-like sales growth despite the volatile trading conditions. However, the department store chain has left analysts questioning why profit forecasts have not been raised.
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AnalysisJD Sports: What the analysts say
As expected JD Sports Fashion has reported a pre-tax loss as its battles to turnaround outdoor chain Blacks and absorbs costs from other acquisitions. The City remains confident that it will hit its full year forecasts.
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NewsDebenhams forecasts profits rise as like-for-likes grow
Debenhams has reported “strong” like-for-like growth in the last year and pre-tax profit is expected to be up.
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NewsLloydspharmacy profits plummet
Lloydspharmancy’s pre-tax profits plummeted by 45% from £104.7m to £57.2m in 2012 as sales remained flat at £1.76bn.