All News articles – Page 408
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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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NewsReserved puts UK store expansion on hold amid Brexit uncertainty
Reserved has put the brakes on its UK store expansion until political uncertainties “become clear”.
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NewsOcado sales rise as it prepares to ramp up M&S grocery offer
Ocado has recorded in its quarterly sales as the grocery etailer says it will add ‘many more lines’ to its M&S range than the 4,000 product lines currently offered via Waitrose.
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NewsSuperdry profits wiped out as sales fall in ‘year of reset’
Superdry’s recorded a nosedive in pre-tax profits at the interim mark but boss Julian Dunkerton said he was “pleased with the progress” made by the retailer.
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NewsDixons Carphone profits short-circuit as transformation costs bite
Dixons Carphone has recorded a slump in pre-tax profit exacerbated by sliding mobile sales, but boss Alex Baldock says the retailer’s transformation plan is “on track.”
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NewsAnalysis: How Watches of Switzerland is moving with the times
Following a stellar set of maiden interim results since floating in May this year, Watches of Switzerland boss tells Retail Week how the luxury brand continues to stand the test of time.
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NewsAmazon-Deliveroo: CMA set to ratchet up probe into minority stake
Amazon’s cash injection into food delivery service Deliveroo has raised the hackles of the Competition and Markets Authority (CMA), which has warned of “serious competition concerns”.
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NewsMajestic Wine targets ‘ambitious growth’ as sale completes
Majestic Wine has confirmed its sale to US firm Fortress Investment group for £95m.
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NewsAmazon boosts its UK market share
Amazon has increased its share in the UK e-commerce market according to new research.
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NewsEuan Sutherland appointed as Saga chief executive
Euan Sutherland has taken on the role of chief executive at the specialist service provider for people over 50, Saga group.
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NewsTesco partners with WWF to track foods’ environmental impact
Tesco has joined forces with the World Wide Fund for Nature (WWF) to track the environmental impact of some of the UK’s most popular foods.
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NewsTopshop chief executive Paul Price resigns
Topshop boss Paul Price has resigned after deciding to relocate back to the USA.
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NewsJohn Lewis posts Black Friday sales jump
John Lewis & Partners has posted a rise in sales during its Black Friday and Cyber Monday promotional events.
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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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NewsTed Baker CEO and chair quit amid fresh profit warning
Ted Baker has been plunged further into crisis after parting company with its chief executive and chair following a fresh profit warning.
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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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NewsM&S set to downsize biggest flagship stores
Marks & Spencer is to downsize around 20 of its largest stores in expensive city-centre locations as part of its turnaround plan.