All Financial results articles – Page 104
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NewsWhistles losses shrink but sales remain flat
Whistles has reported shrinking losses on flat sales during its first year under new ownership.
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NewsPoundland owner Steinhoff downgraded amid debt concerns
Poundland owner Steinhoff has been rocked by another downgrade by credit ratings agency Moody’s amid fears the conglomerate may struggle to “sustain its European operations”.
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NewsMissguided falls into loss despite sales spike
Missguided has dropped into the red in its full-year update as it ploughed investment into its distribution centre, although its sales skyrocketed.
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NewsKoovs shaves off pre-tax losses despite flat sales
Koovs has posted narrowing losses and delivered flat sales at the interim mark during what chief executive Mary Turner described as a “challenging year”.
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NewsHarvey Nichols dips into the red in 'challenging' year
Harvey Nichols has posted a pre-tax loss and flat sales as refurbishments at its Knightsbridge flagship bit into its bottom line.
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NewsSteinhoff chairman Wiese quits amid accounting scandal
Steinhoff chairman Christo Wiese has stepped down from the role in the wake of the group’s accounting scandal.
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NewsSteinhoff 2016 results to be restated, deemed unreliable
Steinhoff has said that its 2016 financial results need to be restated as the original release can “no longer be relied upon”.
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NewsOcado sales rise driven by upgraded distribution centre
Ocado has delivered a healthy uplift in sales in its fourth quarter bolstered by improved capabilities of its tech-driven Andover fulfilment centre.
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NewsSports Direct profits plunge exacerbated by UK sales dip
Sports Direct has posted a drop in interim profits despite what boss Mike Ashley describes as a “spectacular trading performance” across its flagship stores.
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NewsDixons Carphone profits slashed despite sales rise
Dixons Carphone has reported plummeting profits despite sales inching up in its half-year.
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NewsJoules sales jump as expansion continues apace
Joules has unveiled a near 20% sales jump in its first half as the retailer continues to expand across all its markets.
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NewsCarpetright warns on profits as tough market bites
Carpetright has warned that full-year profits will come towards the bottom end of market expectations as tough trading conditions continued.
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AnalysisWhat Steinhoff's troubles mean for its UK businesses
Over the last two days, South African retail giant Steinhoff’s share price has tanked 75% and chief executive Markus Jooste has resigned.
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InterviewInterview: Poundland and Pep&Co’s Euro guru Cardinaal
“I’ve always had an ambition to come and work in the UK,” says Sean Cardinaal, Poundland parent company Pepkor’s chief operating officer and the man tasked with driving its aggressive expansion plans.
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NewsEdinburgh Woollen Mill reveals rising profits and sales
Edinburgh Woollen Mill Group has revealed that profits and sales both grew in the year in which it acquired Austin Reed, Country Casuals and Viyella.
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NewsMcColl’s sales pass £1bn amid store acquisition plan
McColl’s has posted a spike in full-year revenues as its acquisition of almost 300 Co-op stores pushed top-line sales through the £1bn barrier.
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NewsFortnum & Mason profits jump spurred by heritage items
Fortnum & Mason has recorded a spike in full-year profits and its fifth consecutive year of double-digit sales growth.
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NewsFurniture Village warns on market as profits slump
Furniture Village’s bottom line was dented last year as it invested to defend itself against a ‘deteriorating economic backdrop’.
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NewsAgenda: BRC-KPMG retail sales and Mulberry interims
Retail Week looks ahead to the next seven days, with an update from Mulberry and the BRC-KPMG retail sales monitor on the agenda.
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NewsEve Sleep sales soar as UK trading exceeds expectations
Eve Sleep, the mattress-in-a-box retailer, has reported rocketing sales as its UK business performs above expectations.