All Financial results articles
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NewsThe Body Shop profits and sales rise bolstered by strong UK performance
The Body Shop has recorded an uplift in its third-quarter sales as parent company Natura Co’s acquisition of Avon won shareholder approval.
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News
Asda sales drop as Walmart blames Brexit effect
Asda has posted a slight drop in like-for-like sales, which it has blamed on the ongoing political concerns over Brexit and consumer confidence.
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News
Card Factory posts sales rise helped by store openings
Card Factory has recorded a 5% rise in group sales in the year to date and expects profits to meet expectations.
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News
Global Fashion Group losses continue to narrow as sales rise
Global Fashion Group (GFG) posted an increase in sales during a “strong” third quarter.
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News
British Land retail property portfolio haemorrhages tenth of value
British Land is the latest institutional landlord to suffer as the high street malaise reduced its retail property portfolio values by a tenth.
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News
Mulberry losses widen as ‘challenging’ UK market hits sales
Mulberry has posted widening losses at the interim mark as it seeks to increase focus on its international portfolio to offset sluggish UK sales.
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Opinion
Opinion: Should B&M say auf wiedersehen to Germany?
The usually infallible B M posted a subdued set of interim results this morning.
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News
Landsec trumpets new developments despite retail woes
Landsec is pushing ahead with 1 million sq ft of new London property developments as it seeks to offset falling portfolio values bought on by the troubles in the retail sector.
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News
B&M reviews German business as profits tumble
B M’s profits spiralled as the German arm of the business was “impacted by trading and operational issues”.
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News
New Look losses narrow despite falling sales
New Look posted narrowed losses during its half-year results following an “incredibly busy” year.
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News
Greggs profit expectations heat up as sales soar
Greggs’ profit expectations have been upgraded as total group and managed shops like-for-like sales soared.
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Analysis
Analysis: Could election clarity realise Sainsbury’s hopes for a retail rebound?
Following Sainsbury’s somewhat disappointing interim update this morning, chief executive Mike Coupe said the prospect of clarity from the Christmas general election could bring respite for the retail sector in the New Year.
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News
Superdry blames sales fall on ‘legacy issues’
Superdry has reported slumps in group sales and across all its channels, which it says “reflects an expected year of reset” and legacy issues across the business.
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News
The Works warns on profits as like-for-like sales suffer
The Works has issued a profit warning in its half-year trading update, as it says a “challenging consumer backdrop” and strong comparables hit its like-for-like sales.
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Analysis
Analysis: Primark confronts sustainability concerns that hit German sales
In its 50th year of trading and following a strong set of full-year results, Primark has won more clothing market share even with bumps in the road – particularly in Germany.
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News
Halfords profits and revenue fall as big-ticket sales stall
Halfords has recorded a decline in interim sales and profits as the business snapped up independent garage chain McConechy’s Tyre Service in a bid to bolster its autocentres division.
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News
Sainsbury’s half-year profits slide as sales fall in ‘competitive’ market
Sainsbury’s has recorded a fall in profits at the half-year mark as one-off property costs hit the grocer’s bottom line.
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News
Ikea sales rise as global transformation takes hold
Ikea has reported an increase in total sales as the first year of its global transformation programme has taken hold.
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Video
Can M&S’ floundering fashion business ever recover?
Marks Spencer’s apparel arm suffered a like-for-like sales slide of 5.5% in the first half. Chief executive Steve Rowe has taken control of the clothing business and says a new team has got off to a great start and “their first ranges have delivered”. GlobalData global retail research ...
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News
Clarks blames deepening losses on ‘climate of uncertainty’
Clarks’ losses after tax increased in its last financial year, with sales falling and “onerous” leases across its store estate taking their toll.
