Latest finance news – Page 344
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NewsTed Baker retail sales increase 10.1% over Christmas as margins hold up
Ted Baker has unveiled a 10.1% retail sales rise over Christmas and said margins were in line with expectations.
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NewsShoe Zone posts full-year profits drop and plans new big-store format
Shoe Zone has suffered a slide in full-year profits after sales fell amid “difficult” trading conditions for the footwear industry.
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NewsBreakfast briefing: Retail news on Tesco and Amazon
Retail news round-up on January 13, 2016: Tesco seeks The Great British Diversity Experiment project help to curb food waste and Amazon to buy 75% of France's Colis Prive.
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NewsHawkins Bazaar’s owner Tobar reveals management buyout
The management behind Hawkins Bazaar’s parent company Tobar Group has completed a buyout of the retailer, backed by Merino Private Equity.
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NewsMorrisons Christmas like-for-likes increase: What the analysts say
Morrisons has reported better than expected trading over the Christmas period with like-for-likes up 0.2%. This is what the analysts said.
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NewsBoohoo.com sales surge as etailer increases full-year revenue expectations
Fashion etailer Boohoo has delivered significant sales growth across its UK and international markets over the final quarter.
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NewsAo.com posts third-quarter sales rise as all categories deliver growth
Electricals etailer AO World has posted a 35% sales rise over the third quarter.
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NewsSports Direct’s results and profit warning: What the analysts say
Sports Direct issued a shock profit warning to the City on Friday. Here’s the City reaction.
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NewsMatalan warns on full-year profits after mild weather hits festive sales
Matalan suffered a sharp drop in online sales during the festive period and has been forced to revise its full-year profits forecast again.
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NewsFashion etailer Koovs gets 'spectacular' boost from first ad campaign
Indian fashion etailer Koovs has reported a leap in sales following the launch of a five-week multichannel marketing campaign.
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NewsMountain Warehouse bucks the trend as Christmas like-for-likes jump
Mountain Warehouse has revealed a 14.7% jump in like-for-likes over Black Friday and Christmas and aims to open 15 more UK stores this year.
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NewsAquascutum losses balloon despite revenues advancing 52%
Aquascutum’s full-year pre-tax losses have widened despite the luxury retailer reporting a sales jump of 52%.
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NewsUniqlo owner Fast Retailing cuts profits forecast as warm weather hits sales
Fast Retailing’s first-quarter group profits have dived after mild weather hampered sales at its Uniqlo business.
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NewsSports Direct warns on profits after mild weather hampers sales
Sports Direct has warned it will miss its full-year profits forecast as worsening trading conditions and mild weather have hit its performance.
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NewsTheo Paphitis brands report strong Christmas and full-year performance
Theo Paphitis Retail Group has revealed robust trading over Christmas and the full year, with Boux Avenue leading the way.
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NewsBoots gets boost from online as first-quarter sales rise
Boots has revealed a slight lift in sales in its first quarter driven by an 11.2% jump in online sales.
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NewsFashion etailer Atterley goes into administration and stops trading
Atterley, the fashion etailer backed by former Tesco boss Sir Terry Leahy, has been put into administration and has stopped trading.
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NewsPoundland boss admits disappointment over Christmas trading
Poundland boss Jim McCarthy has admitted he is “disappointed” by Christmas trading and said the threat of terrorism may have deterred shoppers.
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NewsBolland hands M&S baton to Steve Rowe: What the analysts say
Following a “disappointing” Christmas in its general merchandise division, M&S boss Marc Bolland is to exit. This is what the analysts said.
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NewsMajestic Wine retail sales rise as strategic plan pays off over Christmas
Majestic Wine’s retail sales grew 7.3% on a like-for-like basis over Christmas, driven by simpler pricing and improvements to customer experience.