All Financial results articles – Page 187
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NewsLike-for-likes slip at Wickes
Travis Perkins’ retail division, which largely comprises Wickes, posted a 7% slump in like-for-likes for the third quarter to September 30 as trade was disrupted by the Olympics and wet weather.
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NewsZara's UK profits soar
Fashion chain Zara’s UK pre-tax profits soared 22% to £19.3m in its year to January 31 as it prepares to open its UK flagship store.
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NewsPhones 4U defies economy as profits rise
Mobile phones retailer Phones 4U has recorded an uplift in profits despite tough consumer conditions last year.
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AnalysisInternational analysis: Why Esprit and H&M fail to match Inditex’s growth
It has been a mixed couple of weeks for some of the leading global fashion chains. Inditex continued its stellar performance with half-year profits jumping by almost a third as it sustained growth in sluggish economies in both Western Europe and emerging markets.
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OpinionComment: Tesco UK recovery likely to accelerate
Tesco boss Philip Clarke will not have thanked the way the financial stars aligned this week to bring Tesco and Sainsbury’s results on the same day, albeit for different reporting periods.
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NewsProfits climb at Abel & Cole as sale speculation mounts
Home delivery grocer Abel & Cole’s profits rocketed in the year to August 12 and a sale is thought likely.
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OpinionComment: Competition in sports retail
Mike Ashley’s Sports Direct was the market leader in its category last week and remains so this week following the drawn-out demise of JJB Sports.
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News‘New chapter’ for Tesco pledges bullish Philip Clarke
Tesco group chief executive Philip Clarke aims to rewrite Sir Terry Leahy’s retail book as he opens a “new chapter” in the grocer’s story.
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NewsBargain Booze posts profit fall despite sales uplift
Bargain Booze has posted a decline in pre-tax profits despite an increase in full-year sales.
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NewsClaire's Accessories sales slump
Claire’s Accessories UK sales fell 7.2% to £128.5m in the year to January 28, down from £138.5m the previous year, as the economic downturn reduced demand for its “discretionary” products.
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NewsNew Look defies high street woes as profits rise 30%
New Look has defied tough consumer spending conditions to report a 30% increase in profit.
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NewsAldi profits rocket as shoppers feel the pinch
Aldi has recorded a 450% rise in operating profit to £103m as turnover rose 29% to £2.7bn.
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NewsAnalysis: Lakeland boss optimistic for Christmas sales growth
Despite tough trading conditions, homewares retailer Lakeland is steadily expanding.
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AnalysisInternational analysis: Ikea cuts prices to tap into Chinese market
After reporting sales rose 21% last year to CNY5.4bn (£527.1m), Colin Renwick, deputy retail manager of Ikea China, said that the country will be one of Ikea’s best-performing global locations of fiscal 2012.
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OpinionComment: Moss Bros set for growth
The Olympics effect on retail has been felt in some unexpected ways. At Moss Bros, the Games – along with the Jubilee celebrations and the Euro 2012 tournament – led to the deferral of weddings and an impact on its hire business in the first half.
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NewsHouse of Fraser positive after 'strong start' to second half
Like-for-like sales at House of Fraser rose 0.6% in the second quarter and the retailer said it had recorded a “strong start” to the second half.
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NewsThe Hut sales soar as EBITDA grows
Sales shot up at The Hut Group in the first half as EBITDA also grew at the online retail group.
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NewsPre-tax profit leaps at The Range
Pre-tax profit at value homewares and furniture retailer The Range surged almost 30% last year.
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NewsFocus on grabbing share rather than economy, urges JLP chairman
John Lewis Partnership chairman Charlie Mayfield said retailers should be focussing on how they can steal share as economic conditions remain tough.
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NewsAnalysis: Signet enjoys sales growth in 2012
Sales have been growing at the jeweller’s UK arm after a tough period.