All Financial results articles – Page 240
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NewsH&M to go online in the UK
H&M is to start selling online in the UK from next autumn, following the decision made by its fast fashion arch-rival Zara to do the same last week.
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NewsTopps Tiles confirms profit outlook and sees signs of stability
Specialist retailer Topps Tiles expects to report operating profit of between £10.5m and £14m – the range of analysts’ expectations – when it delivers full year results in November.
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NewsGame profits suffer against last year's record performance
Entertainment retailer Game has posted a 67% fall in first half profits but said trading had returned to more “normal” levels after last year’s record-breaking software launches.
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NewsBlacks Leisure warns covenant breach likely
Blacks Leisure has warned that it is likely to breach a banking covenant following difficult trading at its boardwear division and has struck a standstill agreement with its bank.
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NewsShop Direct Group sales up 7.4%
Shop Direct Group reported group sales up 7.4% to £1.7bn for its financial year ending April 30, but is taking a cautious view of consumer debt in the year ahead.
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NewsJD Sports pre-tax profits jump 14.5%
Sports fashion retailer JD Sports Fashion revealed a 14.5% increase in group pre-tax profits before exceptional items to £14.2m in the 26 weeks to August 1.
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NewsSpar benefits as recession-hit consumers stay in
Spar’s like-for-likes increased 5.2% in the three months to July as consumers stay in more and indulge in treats.
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NewsInditex net income drops but sales remain strong
Fashion giant Inditex has reported an 8% drop in net income in its first half, but grew sales strongly.
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NewsDebenhams on track to hit profits despite sales fall
Debenhams has forecast a rise in annual profit despite store revamps impacting on the retailer’s sales.
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NewsLosses widen for Adili
Losses for ethical etailer Adili, now trading as Ascensiononline.com, have widened to £1.9m in the year to April 30 from £1.58m the year before.
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NewsSignet profits hit by tough trading
Pre-tax profit at US jewellery giant Signet fell 6.1 % in its second quarter to $38.5m (£23.3m) as trading remained difficult in its UK and US markets.
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NewsEBITDA and sales grow at House of Fraser
House of Fraser has given an solid update with EBITDA up 16% in the first half of the year.
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NewsSales success for Laura Ashley
Laura Ashley has reported a 6.3% gain in half-year group sales to £127.8m, with increases across all product categories.
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NewsSports Direct lifts profit forecast
Sports Direct has raised its annual earnings forecast after enjoying a jump in sales during the summer.
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NewsOnline cards retailer Moonpig doubles profits
Online greetings card retailer Moonpig’s pre-tax profits more than doubled from £2.54m to £6.7m in the year to April.
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NewsGap international sales fall 12% in August
Like-for-like sales at Gap’s international division, which includes its UK stores, fall by 12% in August.
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NewsDSGi reports ‘encouraging’ start to its year
DSG International has reported an “encouraging” start to the year with total group sales down 6% in Sterling and like-for-like sales down 6%.
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Styles & Wood unveils sharp half-year profit fall
Styles & Wood, the property services company that headed Retail Week’s top shopfitter league in 2008, has unveiled a dramatic loss for the half-year to June 30.
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NewsLiberty losses narrow
Upmarket London department store Liberty has reduced its first half losses after the relaunch of its West End flagship store proved a success.
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NewsTK Maxx enjoys like-for-like sales growth
TK Maxx is continuing to benefit from its value position with growing like-for-like sales in its second quarter.