All Financial results articles – Page 188
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NewsRiver Island takes profit hit to keep prices sharp
River Island pre-tax profits tumbled 25% to £86.9m last year as the fashion retailer absorbed higher costs, rather than pass them on to consumers, and invested in the business.
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OpinionComment: Uphill slog to get Blacks in shape
The 80% plunge in first-half profits at JD Sports, mainly attributable to recently acquired outdoor specialist Blacks, looks pretty awful at face value.
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AnalysisAnalysis: Lessons from the September reporting season
A raft of retailers ranging from John Lewis to Argos and spanning food to homewares updated last week. Retail Week examines the picture they paint of retail conditions.
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NewsFrench Connection turnaround plan to take two years
French Connection expects to break even by the end of its financial year 2014/ 2015 after this morning revealing a series of measures aimed at turning the struggling business around.
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AnalysisFrench Connection: What the analysts say
French Connection has revealed a plan to turnaround its fortunes after reporting a pre-tax loss of £6.3m for the six months to the end of July 31. Unimpressed analysts are not expecting a quick return to profit.
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NewsJD Sports to roll out new Blacks format as it mulls Millets' future
JD Sports Fashion is set to roll out a new store format for Blacks as part of its turnaround plan, which is likely to see sister brand Millets leave the high street.
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AnalysisDebenhams: What the analysts say
Debenhams surprised the City by continuing to report like-for-like sales growth despite the volatile trading conditions. However, the department store chain has left analysts questioning why profit forecasts have not been raised.
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AnalysisJD Sports: What the analysts say
As expected JD Sports Fashion has reported a pre-tax loss as its battles to turnaround outdoor chain Blacks and absorbs costs from other acquisitions. The City remains confident that it will hit its full year forecasts.
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NewsDebenhams forecasts profits rise as like-for-likes grow
Debenhams has reported “strong” like-for-like growth in the last year and pre-tax profit is expected to be up.
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NewsLloydspharmacy profits plummet
Lloydspharmancy’s pre-tax profits plummeted by 45% from £104.7m to £57.2m in 2012 as sales remained flat at £1.76bn.
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NewsAnalysis: Burberry's brand revitalisation continues in bid to attract new customers
With a revitalised brand, rising profits and a new London flagship, Burberry is on the rise.
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OpinionComment: Farewell to Allders as closure looms
That the demise of one shop can command such attention in a retail landscape scarred by CVAs and large administrations is a reflection of the place Allders holds in British retailing history.
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NewsProfits dip at Lakeland
Homewares specialist Lakeland’s pre-tax profits slipped to £7.2m in 2011 from £10.7m the previous year, although sales advanced.
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AnalysisHome Retail: What the analysts say
Home Retail has stablished like-for-like sales at Argos but as Homebase remains challenging, analysts are concerned that the retailer group’s issues are structural rather than cyclical.
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AnalysisNext: What the analysts say
Next has reported a rise in profits for the half to July despite a fall in like-for-likes due to an “unusually quiet” August and September. The City has issued a cautious response but has confidence in the retailer’s multi-channel strategy.
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OpinionComment: Debenhams sets the standard for retail
Department store group Debenhams took analysts on a tour of its Milton Keynes shop last week.
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AnalysisKingsfisher results: region by region
Unseasonal weather, declining housing markets and the difficult economic background across Europe have made a significant impact on Kingfisher’s domestic and international businesses. Retail Week takes a closer look at its performance market by market.
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NewsProfits leap at Laura Ashley
Fashion and homewares retailer Laura Ashley has reported first-half profits up 13.7% to £8.3m driven by its multi-channel strategy and a differentiated product range.
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NewsThorntons optimistic despite sales and profits fall
Chocolatier Thorntons has reported a fall in sales and profits as weak consumer spending hit the business, but chief executive Jonathan Hart expressed “cautious optimism” about the future.
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AnalysisBurberry: What the analysts say
A marked slowdown in sales over recent weeks has forced Burberry to issue a surprise profits warning. The City dissected the statement and expressed concern.