All News articles – Page 152
-
NewsJD Sports completes Polish acquisition
JD Sports has completed the acquisition of Poland-based footwear and clothing company Marketing Investment Group (MIG) as it strengthens its foothold in Central and Eastern Europe.
-
NewsNaked Wines sales slip as repeat customer base shrinks
Naked Wines said that constant currency sales were down over peak trading but are steadily improving, despite its average repeat customer base shrinking by 12%.
-
NewsCurrys upgrades profit guidance despite sales slip
Currys expects full-year profits to exceed consensus expectations following a “successful peak trading period”.
-
NewsDunelm holds firm on outlook despite surging sales
Dunelm has refused to nudge up full-year profit expectations despite hailing “strong sales growth” in the first half of the year.
-
NewsPepco delivers record revenues as it warns on Red Sea disruption
Pepco Group, which owns Poundland in the UK and the Pepco and Dealz brands in Europe, has posted record first-quarter group revenues.
-
NewsLosses deepen at The Works as Christmas fails to deliver
The Works has reported deepening losses as cash-strapped customers prioritised food and essentials over gifts at Christmas.
-
NewsNickolds exits Sainsbury's to become White Company CEO
Sainsbury’s has unveiled a host of changes to its operating board, the most notable being the departure of general merchandise commercial director Paula Nickolds.
-
NewsPhase Eight begins ‘journey’ into childrenswear
Fashion retailer Phase Eight has announced its expansion into childrenswear and is set to launch its debut collection later this month.
-
NewsPoundland to begin transformation of former Wilko stores
Poundland will begin the transformation to turn 11 former Wilko stores into new Poundland shops, adding chilled and frozen food, clothing and homeware.
-
NewsUK inflation rate increases to 4%
The annual rate of inflation has increased to 4% in a surprise rise, according to the Office for National Statistics (ONS).
-
NewsMulberry sales decline as UK VAT hits luxury sector
Luxury fashion retailer Mulberry has posted a fall in sales which the group said was impacted by a “challenging macroeconomic backdrop” and a decline in luxury consumer spending.
-
NewsUniqlo sues Shein over accusations retailer copied bag design
Uniqlo is suing Shein over claims the fast-fashion retailer is selling bags that mimic its viral shoulder bag.
-
NewsSuperdry appoints PwC to review finances after profit warning
Fashion retailer Superdry has appointed PwC as advisers to examine debt-raising options as pre-Christmas trading suffered.
-
NewsBooths hails record Christmas week sales
Independent supermarket Booths has hailed record sales over the seven days leading up to Christmas.
-
NewsShein opens up design competition to international designers
Shein has expanded the in-take for its fashion design competition, Shein X, to include global applicants for the first time as it continues to look for up-and-coming designers.
-
NewsHolland & Barrett teams up with THG for supply chain overhaul
Holland & Barrett has proposed a three-year partnership with THG’s tech arm Ingenuity as it undergoes a “multimillion-pound redevelopment of its supply chain”.
-
NewsPeople underestimate complexity of retail, warns Dick’s Sporting Goods chair
US sports giant Dick’s Sporting Goods executive chair Ed Stack has said people “don’t understand” the complexity of retail.
-
NewsTHG returns to revenue growth after ‘best performance of 2023’
THG, which owns health and beauty brands like Lookfantastic and MyProtein has posted a return to revenue growth in the “best quarterly performance of 2023.”
-
NewsCard Factory delivers strong sales in festive season
Specialist retailer Card Factory has reported a strong performance in the run-up to Christmas as it expects to deliver adjusted profit before tax at the top of the range of market expectations.
-
NewsOcado Christmas sales hit ‘highest ever level’
Ocado has posted growth in sales as it delivered “another record Christmas and hit its highest-ever level of sales” over the peak trading period.