All Financial results articles – Page 52
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NewsAlibaba Singles Day sales growth slows to lowest ever rate
Alibaba has posted an increase in sales at its annual Singles Day shopping extravaganza, but growth slowed to its lowest rate since the festival began more than a decade ago.
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NewsThe Works counts ‘significant’ supply chain costs as sales rise
The Works has racked up “significant additional costs” to shore up its supply chains for the crucial golden quarter but insisted full-year profits will be in-line with market expectations.
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NewsTed Baker boss heralds turnaround plan as sales surge
Ted Baker has reported narrowing losses and a jump in group revenues as boss Rachel Osborne hailed the retailer’s transformation plan for turning the business around.
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NewsWHSmith losses narrow as retailer forecasts return to profitability in 2022
WHSmith has reported narrowing losses and forecasts a return to profitability next year as improving travel trends drove a sales recovery.
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NewsB&M profits slip as boss Arora warns of challenging second half
B&M delivered a slip in profits but a jump in group revenues as boss Simon Arora flagged the challenges facing the retail industry heading towards the crucial Christmas period.
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NewsPrimark leans into homewares after successful trial in Birmingham
Primark is set to roll out a dedicated homewares space in 40 stores after a successful trial in its Merry Hill store in Birmingham.
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NewsWatches of Switzerland ‘bullish’ about Christmas success after year of disappointment
Watches of Switzerland have recorded soaring sales across all markets in which it operates and is gearing up for a blockbuster Christmas.
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NewsPrimark plans more store openings as profits rise
Primark owner Associated British Foods is seeking to grow the retailer’s store estate as it delivered a profit in the midst of pandemic disruption.
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NewsSuperdry predicts strong Christmas ahead of opening new London flagship
Superdry has reported an “encouraging start” to the golden quarter despite a dip in sales overall.
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NewsIkea warns of price increases amid supply chain challenges
Ikea has said it expects to raise prices for consumers as ongoing supply chain disruption sparks higher transport and raw material costs.
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NewsHarrods swings to a loss as pandemic and Brexit take heavy sales toll
Harrods has swung to a loss after store closures during the pandemic and the impact of Brexit slashed sales in half.
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NewsZalando upgrades outlook as sales climb and brand collaborations boom
Zalando has recorded rising sales in the first quarter in which all markets in which it operates were fully reopened.
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NewsVirgin Wines posts first profit as public company as customer numbers soar
Following its IPO, Virgin Wines has recorded sales and profits growth, as more customers turned to shopping online.
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NewsWickes hails ‘resilient’ performance as it swerves supply chain slowdown
Wickes has reported a slip in third-quarter sales against strong comparatives, but sales rose strongly on a two-year basis.
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NewsTHG sales leap as boss Moulding looks to rebuild investor confidence
The Hut Group (THG) has reported increasing revenues across its different categories and Ingenuity platform as boss Matt Moulding looks to win back fleeing investors.
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NewsClarks slumps to record losses due to Covid-19 restrictions
Footwear specialist Clarks has slumped to record losses in its more recent full-year results due to coronavirus restrictions and store closures.
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NewsVery Group profits soar as revenues jump to record levels
The Very Group reported surging profits and a record year for sales during the pandemic as the retailer ramps up for a “particularly strong” Christmas.
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NewsBoots' sales climb driven by post-lockdown online surge
Boots recorded an increase in sales in its fourth quarter as lockdown restrictions eased and demand for pharmacy services rose.
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NewsFrench Connection losses narrow following £29m takeover
French Connection has narrowed its half-year losses after slashing its overheads and ramping up sales in its wholesale division.
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NewsBeighton steps down as Asos eyes new international and own-brand targets
Asos has announced a host of board changes, including the end of Nick Beighton’s 12-year tenure as chief executive, as it enters the next stage of growth.