All articles by Hugh Radojev – Page 109
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NewsZara owner Inditex reports 'strong' profits and sales growth
Inditex reported an increase in profits and sales, as the fashion giant hailed the continued rollout of its “global, fully integrated store and online platform”.
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NewsSupermarket sales growth slows as election approaches
Supermarket sales growth slowed as the UK geared up for its first December election since 1923, according to the latest figures from Kantar.
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NewsMcColl’s blames profit warning on low consumer confidence
McColl’s has issued a profit warning for the year, blaming “softer market conditions” in the second half of the year on unseasonable weather and low consumer confidence.
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NewsTravis Perkins says demerger of Wickes to be completed by middle of next year
Wickes owner Travis Perkins has hailed the progress it has made in its bid to offload the retailer and says the demerger will be complete by the second quarter of 2020.
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NewsMothercare UK losses deepen during ‘extraordinarily challenging’ period
Mothercare UK has reported widening losses in the first half of the financial year, starkly highlighting the issues which led to its being placed into administration in November.
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NewsWatches of Switzerland profits soar on back of ‘robust’ UK and US markets
Watches of Switzerland has reported soaring profits and revenues as it praised the “robust” market for luxury watches both in the UK and the US.
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InterviewFrom hampers to Hong Kong: Why Fortnum’s is more than a Christmas cracker
Fortnum & Mason’s charismatic chief executive Ewan Venters talks Christmas, keeping up with food trends and what the future holds for the 312-year-old retailer
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NewsTed Baker calls in advisers as it looks to revive fortunes
Ted Baker has called in consultancy firm AlixPartners to help with a root-and-branch review of operations after a difficult year that has seen it issue three profit warnings.
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NewsQuiz targets rent reductions in bid to turnaround flagging store estate
Quiz has said it is in discussions with landlords on stores with leases coming up to expiry looking for an average of 30% rent reductions as it battles to turnaround the flagging fortunes of its estate.
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NewsJohn Lewis launches two DnaNudge pop-ups in London
John Lewis has launched two pop-ups with DNA testing start-up DnaNudge in London, as the retailer looks to help customers make “healthier choices”.
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NewsMorrisons promotes two in management reshuffle
Morrisons has reshuffled its management team with two senior appointments, leading its boss to praise the supermarket’s “strong management development plans”.
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NewsQuiz swings to loss as brand blames ‘challenging market conditions’
Quiz has swung to a loss before tax and seen its underlying EBITDA more than halve in what the fast-fashion group called a “continued challenging market”.
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NewsBlack Friday online sales and footfall beat forecasts
Black Friday shoppers have flocked online for deals while early footfall numbers surpassed expectations in a fillip for the retail industry.
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NewsBlack Friday transactions soar as shoppers bag bargains
Black Friday transactions have risen strongly year on year, early data showed.
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NewsConsumer confidence flatlines in November
Consumer confidence flatlined in negative growth in November, marking four years since it had been into positive territory, according to the GfK Consumer Confidence Index.
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NewsFortnum & Mason profits soar after strong multichannel performance
Fortnum & Mason has reported soaring profits and sales for the year off the back of what it described as strong multichannel performance.
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NewsBaird Group appoints Savills to spearhead store expansion
Menswear specialist Baird Group has appointed real estate advisor Savills to spearhead the growth of its store portfolio across the UK and Europe.
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NewsShop prices fall in run-up to Christmas trading
Shop prices fell in November for the sixth consecutive month, as the BRC hopes for a positive impact on Christmas trading.
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NewsPets at Home to roll out 30 new format stores next year
The boss of Pets at Home has said the retailer plans to roll out 30 of its new format stores next year, as he looks to continue to grow the business through targeted use of customer data.
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NewsRevo names Vivienne King chief executive as Cooke departs
Revo has named Vivienne King as its new chief executive, replacing departing boss Ed Cooke who will be stepping down after 11 years in March.