All Financial results articles – Page 20
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NewsWickes’ retail arm has continued to grow despite profits declining
Wickes has hailed the growth of its retail business despite profits declining during the first half and it not being “immune” from design and installation market struggles.
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NewsThe Cotswold Company sales have climbed despite the home and furniture slowdown
Sales at The Cotswold Company swelled by 15% for the first half of the financial year thanks to a step up in digital marketing and increased demand for “made-to-last” furniture.
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NewsEG Group has increased its profits after strong performances in the US and Europe
EG Group reported growth in profit and sales driven by strong performance in the US and Europe in the three months ending June 30, 2024.
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NewsAldi is making an ‘unprecedented’ investment following record sales growth
Aldi is making its “biggest ever annual investment in Britain” to open and refurbish a raft of stores by the end of this year, following its highest-ever period of sales growth.
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DataRanking: The UK retailers with the highest global sales
Thanks to data collected by our sister brand Retail Navigator by Lumina Intelligence, Retail Week can reveal the UK retailers with the highest international sales, and how they stack up against one another.
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NewsCurrys has hailed a ‘positive start to the year’ as sales rise
Electricals giant Currys has hailed a “positive start to the year” and said it is “well set” for the pending peak trading period as sales at the electricals giant increased.
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NewsPrimark has maintained its guidance despite unseasonable summer weather taking toll
Fashion giant Primark has maintained its full-year guidance despite the unseasonable British summer taking its toll during the second half.
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NewsWatches of Switzerland is on track for the full year thanks to UK market ‘stabilisation’
Watches of Switzerland has reported trading in line with expectations for the start of the financial year as the demand for luxury watches and jewellery in both the UK and US steadied.
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NewsHarrods has seen its highest ever turnover as sales surge
Luxury department store Harrods has recorded its highest-ever turnover, driven by tourists coming back to London post-pandemic.
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NewsBirkenstock has reported a record quarter thanks to demand for ‘ugly’ clogs
German footwear retailer Birkenstock has reported a record third quarter thanks to increased demand across all regions.
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NewsQuiz has posted losses and a decline in revenue
Fashion retailer Quiz has posted “disappointing” results, which it said reflect the impact of inflationary pressures on consumer spending.
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NewsKurt Geiger has posted ‘record’ sales and a rise in profit
Kurt Geiger has posted “record” profits and handbag sales despite weaker demand in the wider luxury market.
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NewsJD Sports growth driven by US and European revenues surge
JD Sports has reported group like-for-like and organic sales increases, driven by surging revenues in the US and Europe as UK performance softened.
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AnalysisAre Estée Lauder’s struggles a sign the good times might be over for UK beauty retail?
As global cosmetics giant Estée Lauder Companies reported a fall in sales marked by a slowdown in prestige beauty sales, Retail Week explores if this should be a cause of concern for beauty retailers in the UK
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NewsPandora has upped its guidance in its ambitious bid to become a ‘full jewellery house’
Pandora has upped its full-year growth outlook as sales at the jewellery retailer rose in its ambitious bid to become a “full jewellery house”.
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NewsUnder Armour sales have fallen as it undergoes restructuring
Under Armour has reported a fall in sales in the first quarter of 2024 alongside a restructuring plan for the business.
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NewsMountain Warehouse has returned to profit as it eyes Carpetright stores for expansion
Outdoor specialist Mountain Warehouse is looking to potentially take over former Carpetright stores after it reported a return to profit in the full year ending February 29, 2024. tores as it reported a return to profit in the full year ending February 2024.
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NewsAsda owner has blamed the ‘challenging retail environment’ as revenues and like-for-likes slump
Asda owner Mohsin Issa has blamed what he called a “challenging retail environment” for falling revenues and a slump in like-for-like sales at the grocer.
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NewsMarks Electrical profits have plummeted in ‘challenging but rewarding year’
Marks Electrical profits have slumped even while sales increased in what its CEO described as a “challenging but rewarding year” for the retailer.
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NewsZalando’s sales and profits have soared thanks to the summer of sport
Online fashion giant Zalando has reported a surge in profits and sales during the second quarter and maintained its full-year guidance as the summer of sport paid off.