All Financial results articles – Page 210
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NewsUncertain outlook knocks retailers hard
General retailers had a bad week as their stocks declined by twice as much as the wider market, which took a knock as the eurozone crisis dragged on and pundits argued over the UK’s economic prospects.
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NewsAsos half year profits soar 66%
Online giant ASOS half-year profits before tax and exceptionals soared 66% to £11.7m.
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NewsFirst-half sales edge up at Boots
Health and beauty powerhouse Alliance Boots is on track to meet its financial targets this year despite tough trading conditions.
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OpinionStill deals to be done despite volatility
It is no great surprise that the mergers and acquisitions environment has been getting much tougher over recent months with increasingly volatile trading conditions and darker consumer outlook – but more about that later, what has happened so far this year?
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NewsStore Twenty One to push trend-led fashion
Value clothing and homewares retailer Store Twenty One is to further increase its fashionability after its trendier lines helped it bounce back into the black.
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NewsDirectory sales power third quarter sales growth at Next
A strong third quarter performance from Next’s Directory business helped compensate for weak store sales and full-year profits are expected to be up.
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NewsProfits plunge at JJB
Sports retailer JJB has suffered a slump in interim profits and poor second half trading has forced a re-budgeting.
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NewsNo respite for furniture retailers until 2014
Battered furniture and flooring retailers will not have any relief from punishing conditions until 2014 as the housing market remains stagnant.
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OpinionIs this the calm before the storm for retailers?
Every time the ONS or BRC issues sales figures that are not as bad as expected, the retail industry is accused of crying wolf.
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NewsStruggling Clintons suffers profit plunge
Greetings card retailer Clinton Cards has suffered a slide in full-year profits but is embarking on a turnaround programme and has agreed a credit extension with lenders.
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NewsRetail suffers as bad news hits confidence
The overall market was up but retail shares were down over the week, with a raft of bad news and concern about consumer confidence hitting the stores sector.
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AnalysisCarrefour sounds profit warning as sales slide
Last week, the world’s second largest retailer, France-based Carrefour issued its fourth profit warning saying it expected 2011 operating profit to fall by up to 20%, compared with 15% stated previously for its third profit warning in August.
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NewsUK sales growth slows at Asos
Online fashion specialist Asos has posted a sharp slowdown in UK sales but overseas revenues continue to soar.
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NewsRising costs and promos take blame for dip in Clarks’ profits
Footwear retailer Clarks has blamed a poor performance in the UK for a steep fall in group profits in the first half to July 31.
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AnalysisMothercare in crisis: What do retailers need to know?
After a profits warning and the departure of chief executive Ben Gordon, where does the retailer go from here?
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NewsMothercare suffers but retail improves
While retailers rose over the week, Mothercare’s shares went in the opposite direction as desperate trading in the UK claimed the scalp of chief executive Ben Gordon on Tuesday.
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NewsFigleaves in profit but N Brown warns confidence is waning
N Brown’s etail lingerie business Figleaves has made a half-year profit for the first time in its history, but the home shopping fashion group faces an uphill battle until the end of the year as consumer confidence deteriorates.
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AnalysisEmerging retailers: Still flying high?
Two years ago, 10 of the top emerging retailers gathered for a Retail Week photo shoot at the top of London’s Gherkin. Today, Charlotte Hardie revisits them to find out how they have fared amid the trials and tribulations of the continued downturn.
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NewsOfficers Club set to help Blue Inc to sixth year of record growth
Fashion specialist Blue Inc expects a sixth year of record growth in 2011, despite punishing trading conditions.
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OpinionGovernment needs to lift shopper confidence
As David Cameron sat down on Wednesday morning to make the finishing touches to his speech to the Tory conference, he could have done worse than take a look at that day’s statements from Tesco, Mothercare, SuperGroup and Sainsbury’s.