All Financial results articles – Page 21
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NewsSeasalt has reported an ‘excellent’ year helped by its thriving store estate
Cornish fashion retailer Seasalt has reported a record year of profits and sales as its store estate continues to thrive despite “external challenges” within the fashion sphere.
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NewsAmazon sales have surged but customers remain cautious and are seeking bargains
Sales at ecommerce giant Amazon have surged during its second quarter despite customers remaining cautious and trading down amid the cost-of-living crisis.
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NewsApple’s revenue has risen despite declining demand for iPhones
Technology giant Apple has reported an increase in revenue during the third quarter despite a continued decline in the demand for iPhones.
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AnalysisNext has posted weather-busting, expectation-beating results – what do the analysts say?
Fashion powerhouse Next knocked the numbers out of the park in its second quarter when full-price sales climbed 3.2% year on year.
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NewsAdidas has posted an increase in sales following major football tournaments
Adidas posted an increase in revenue in the first half of the year driven by strong brand momentum and sporting events such as Euro 2024 and the Copa América.
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NewsWhite Stuff has reported a surge in profits after shift to ‘customer favourites’
White Stuff has hailed the success of its brand transformation strategy after posting a surge in profits and sales for the full year.
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NewsWickes retail sales grow against a ‘challenging background’ even as the group struggles
Wickes has reported continued sales and volume growth across its core retail business, even as group sales and like-for-likes slipped against a ‘challenging background’.
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NewsJD Sports’ revamped UK store has ‘set the benchmark’ with its highest global turnover
JD Sports’ revamped store at Westfield Stratford now has the highest turnover across its global portfolio as the UK market remains the blueprint of omnichannel innovation and store design for the group worldwide.
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NewsGreggs has posted a rise in sales and profit as it continues to invest in growth
Food-on-the-go retailer Greggs has posted a rise in sales and profit as it makes “good progress” on expanding its ranges and growing its store estate.
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AnalysisWhat to look out for in Next’s results after the washout weather for fashion retailers
Next will be hoping to wow shareholders with yet another stellar performance when it publishes its second-quarter update for the 26 weeks to July 27, 2024 on Thursday. But with washout weather dominating the months of April to July, has Next managed to weather the storm? Retail Week explores what might be coming next.
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NewsIceland has posted record profits as shoppers devoured its £1 range
Iceland has posted record profits as shoppers devoured its £1 range.
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NewsCrew Clothing’s sales and profits have surged despite fashion retail battles
Crew Clothing has posted a surge in sales and profits for the 2023 financial year despite the ongoing challenges posed by the cost-of-living crisis.
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NewsHammerson has posted growth in rental income and ‘capability’ in wake of Bicester Village sale
Hammerson, which owns and operates shopping centres including Birmingham’s Bullring and London’s Brent Cross, has posted a rise in rental income and “increased capacity and capability” after selling its £1.5bn stake in Bicester Village.
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NewsSephora has delivered ‘exceptional’ growth but LVMH sales and profit take a hit
Sephora has delivered double-digit growth despite parent group LVMH seeing a fall in sales and profit in the six months to June 30, 2024.
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NewsCotton Traders’ sales and profits have dipped amid ongoing ‘macroeconomic turmoil’
Fashion retailer Cotton Traders has reported a dip in sales and profits for the 2023 full financial year amid ongoing “macroeconomic turmoil”.
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InterviewFrasers CFO on the key to Sports Direct’s success, new brands on Frasers Plus and the resilience of the luxury sector
As Frasers Group posts profits at the top of its guidance, Retail Week speaks to chief financial officer Chris Wootton to talk about the results, Frasers Plus, present and future acquisitions and more.
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NewsAdidas has upped its full-year guidance as 'better than expected' sales momentum builds
Sportswear giant Adidas has upped its guidance for the full year after sales jumped in a “better-than-expected” second quarter.
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NewsHugo Boss has lowered its guidance as the slowdown in the luxury market continues to take its toll
Luxury fashion retailer Hugo Boss has lowered its full-year guidance as the slowdown in the luxury sector took its toll during the second quarter.
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NewsJewellery specialist 7879’s sales soar as it introduces 'transformational' technology
Specialist jewellery retailer 7879 has reported a surge in revenues for the full year as well as the launch of new technology set to “transform the platinum jewellery market”.
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NewsUniqlo owner Fast Retailing is upping its profit expectations after record performance
Uniqlo parent company Fast Retailing has upped its full-year profit expectations after another record performance for the fashion giant.