All Financial results articles – Page 120
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AnalysisSports Direct’s recovery – marathon or sprint?
At first glance it would be easy to write off Sports Direct’s preliminary results, which saw pre-tax profit plunge almost 60%, as an unmitigated disaster.
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NewsMothercare UK like-for-likes creep up in first quarter
Mothercare’s UK like-for-like sales edged up 1.9% in its first quarter but a poor performance in the Middle East caused its international sales to sag.
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NewsSports Direct full-year profits plummet, new CFO hired
Sports Direct’s profits plummeted nearly 60% last year and the Mike Ashley-controlled retailer appointed Jon Kempster from JVM group as its new chief financial officer.
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NewsHotel Chocolat sales rise ahead of expectations
Hotel Chocolat posted a jump in its full-year sales as the retailer’s new store format and products sweetened growth.
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NewsOak Furniture Land profits jump as it targets US market
Oak Furniture Land’s profits and sales advanced last year as the furniture retailer made its US debut.
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NewsJohn Lewis sales edge up in final week of summer Sale
John Lewis department store sales jumped 4% to £86.4m last week, during the final seven days of its summer Clearance event.
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NewsZalando sales rise as it launches membership scheme
Zalando has posted surging half-year sales and launched a new premium membership scheme in its native Germany.
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NewsToday in retail: Conviviality’s Hunter becomes the hunted
Conviviality is toasting a landmark year under its boss Diana Hunter, after sales and profits fizzed during what it called a “transformational” year.
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NewsAgenda: Mike Ashley’s Sports Direct updates the market
Retail Week looks ahead to the next seven days, with an update from the beleagured Mike Ashley’s Sports Direct on the agenda.
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NewsBreakfast briefing: Topshop and pension regulator
Retail news round-up: Topshop and Topman record increase in profits, and The Pensions Regulator gets power to avoid BHS-type scandals
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NewsN Brown suffers £40m setback over insurance products
N Brown has warned it will incur up to £40m in exceptional costs this year after unearthing “flaws” in general insurance products it previously sold.
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NewsAsos sales spike as it ploughs investment into tech
Asos has posted a jump in third-quarter sales, bolstered by a leap in its active customer and total order numbers.
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OpinionOpinion: Has Ashley lost Sports Direct’s dressing room?
There’s a saying in football that when players stop performing and the team falls into a downward spiral, the manager has ‘lost the dressing room’.
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NewsBurberry sales creep up as Asia Pacific rallies
Burberry’s sales have crept up during its first quarter, boosted by an improvement in its tricky Asia Pacific market.
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NewsB&M sales soar as Arora hails best Q1 in years
Value retailer B&M’s sales have rocketed during what boss Simon Arora described as its strongest first quarter in three years.
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DataData: When will M&S’ clothing strategy pay off?
M&S’ poor clothing and home sales are a well-known tale of woe, with positive quarters a rare cause for celebration.
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NewsM&S boss Rowe downplays food like-for-like drop
Marks & Spencer boss Steve Rowe has downplayed the significance of the like-for-like dip in its grocery sales during the first quarter of the year.
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NewsM&S stems fashion decline as full-price sales spike
Marks & Spencer has stemmed the rate of sales decline in its crucial fashion division and hailed further growth in full-price sales.
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NewsMatalan’s full-price focus boosts profits and sales
Matalan’s profits and sales have rocketed in its first quarter, which the retailer has attributed to its ongoing focus on full-price sales.
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NewsEvans Cycles profits punctured despite sales rise
Evans Cycles posted a slump in its preliminary profits, which new boss Andy King attributed to ongoing adverse market conditions.