All Golden quarter articles – Page 11
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Opinion‘Retailers will have to work harder this year to persuade people to shop’
After surprise success in 2022, what should retailers expect from the year ahead? A rebalancing of sales channels, hybrid business models and the right marketing mix all have a part to play in success this year, believes PwC’s Lisa Hooker
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NewsH&M profits plummet due to departure from Russia and rising costs
H&M has blamed its plummeting profits on “negative external factors” including one-time costs as a result of winding down trading in Russia, Belarus and Ukraine, as well as its cost and efficiency programme.
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AnalysisGlad rags, stores surge and flight to value – how fashion retailers fared this Christmas
As the Christmas reporting season comes to a close, a return to in-store shopping in the post-pandemic world, freezing temperatures and the impact of the cost-of-living crisis delivered a range of results for fashion retailers over the period.
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NewsCrew Clothing ends year of growth with ‘strong Christmas trading’
Crew Clothing has ended a year of consistent growth with a strong Christmas performance driven by customers returning to stores over the festive season.
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NewsThe Works eyes growth following bumper Christmas despite deepening losses
The Works has predicted a growth in profit for the year following a bumper Christmas period, despite losses deepening in the first half.
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NewsDecember retail sales rise but volumes fall as cost of living hits consumers
Retail sales rose by value in December 2022 but volume was down, official data has shown.
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NewsDr Martens warns on profits after ‘challenging conditions’ in US
Dr Martens has blamed operational issues at its US distribution centre and “unseasonably warm weather” for its latest profit warning as direct-to-consumer growth slowed.
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AnalysisAnalysis: How consumers shopped the electricals sector this Christmas
Once a stalwart of Christmas and Boxing Day Sales shopping, the pressure from the cost-of-living crisis meant electricals presented a mixed bag for retailers over this festive season.
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NewsBurberry pins sales slowdown on Covid disruption in China
Burberry has reported a slow growth in sales over Christmas as a result of Covid-related disruption in China.
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AnalysisAnalysis: After festive footfall miracle, is bricks-and-mortar having a renaissance?
As a fuller picture of Christmas trading begins to take shape, it is emerging that retailers with stores fared better. Is bricks-and-mortar back for good, or will a new year bring new headaches?
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NewsJollyes delivers 'all-time high' Christmas as shoppers pamper pets
Pets retailer Jollyes posted record Christmas sales across stores and online as a result of increased demand from shoppers pampering their animals despite financial pressures.
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NewsNaked Wines increases profit guidance following ‘solid festive trading’
Naked Wines has increased its full-year adjusted EBIT after a solid trading period in the quarter ending December 26.
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NewsFortnum & Mason toasts ‘successful’ Christmas after returning to profit
Fortnum & Mason has capped a year where it returned to profitability with strong sales performance over Christmas.
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NewsReiss expects record profit after strong Christmas
Fashion retailer Reiss has reported strong Christmas trading as sales surged in stores and online.
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NewsFat Face delivers bumper Christmas as profits climb
Fat Face reported soaring sales in the run-up to Christmas after posting an increase in profits for the first half.
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NewsLush hails return to high street and posts record Christmas sales
Lush reported its highest-ever trading month in December, exceeding its forecasts and beating pre-pandemic sales.
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AnalysisAnalysis: How retail confounded the doom and gloom to achieve a very merry Christmas
As soon as retailers’ Christmas updates started coming in, it was clear that something unexpected had happened – the festive season had been better than anticipated for many
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NewsPepco sales soar off the back of ‘very successful Christmas’
Poundland parent company Pepco has reported a boost in sales in the lead-up to Christmas and said it expects “another year of consistent performance” in 2023.
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NewsVirgin Wines issues profit warning following ‘difficult trading period’
Virgin Wines has issued a warning on full-year profits after a harsh half-year trading period hampered by strikes and operational problems.
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NewsProCook confident of recovery despite challenging Christmas period
ProCook has said it is confident its performance will improve despite reporting falling revenues over a Christmas period hampered by challenging trading conditions.