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Harrods full year profits rise as it hails \'another record year\'

Harrods full-year profits rise as it hails 'another record year'

Harrods operating profit jumped 13% to £122.9m in its year to February 1 as sales rose 10.8% to £794m for the luxury department store.

Next has reduced its profit expectations for the year after the unseasonably warm start to autumn hit sales growth in its third quarter.

Next cuts full-year profit expectations as warm autumn hits sales

Next has reduced its profit expectations for the year after the unseasonably warm start to autumn hit sales growth in its third quarter.

Latest news & analysis

Christmas sales will increase by £2.3bn this year, according to Verdict

Christmas sales to increase by £2.3bn this year, says Verdict

Retailers can expect a £2.3bn year-on-year sales increase during the Christmas season, according to a study conducted by Verdict.

Experts warn that weather woes could threaten fashion retail model

Experts warn that weather woes could threaten fashion retail model

Following Next’s downgraded profits forecast, experts have warned fashion retailers they must overhaul their retail models to suit customer demand.

Fashion price tracker – online womenswear data

Infographic: Fashion price tracker – online womenswear data

Fashion price data from the week ending October 28, 2014: The average online price per item and percentage of products on markdown from the top ten womenswear retailers.

Zalando will roll out its image recognition functionality to the UK as it reveals its app has been downloaded five million times across Europe.

German etailer Zalando rolls out image recognition feature to UK app

Zalando will roll out image recognition functionality to the UK as it reveals its app has been downloaded five million times across Europe.

Chinese ecommerce giant Alibaba is interested in partnering with Apple on electronic payments as US retailers shun Apple Pay.

Alibaba mulls payments tie-up with Apple as US retailers shun Apple Pay

Chinese ecommerce giant Alibaba is interested in teaming up with Apple on electronic payments as it emerges US retailers are shunning Apple Pay.

Retail Week\'s Breakfast Briefing

Breakfast briefing: Retail news on Christmas, Irish retail sales and eBay

Retail news round-up on October 30, 2014: Christmas sales to increase by £2.3bn, Irish retail sales rise, eBay Europe sales and profits increase

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