All Financial results articles – Page 59
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NewsUniqlo owner Fast Retailing posts surge in profits amid China recovery
The owner of fashion giant Uniqlo has posted a spike in profitability as the retail recovery in China boosted its bottom line.
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NewsJoules poaches new chief financial officer from Moneysupermarket
Fashion retailer Joules has poached its new chief financial officer from price comparison business Moneysupermarket to replace outgoing CFO Marc Dench.
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AnalysisAnalysis: How Next’s Total Platform is ‘following the money’ online
Bellwether retailer Next unveiled its full-year results today, confirming that online is doing better than ever and providing more information on its latest etail venture.
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NewsBoots UK sales slide as parent Walgreens ups profit guidance
Boots has endured a slump in second-quarter sales as parent company Walgreens blamed the reintroduction of lockdown restrictions for the “set back” in its revenue recovery.
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NewsNext raises 2022 forecast despite slump in profits during pandemic
Next has raised its profit guidance for the 2021/22 financial year despite a slump in earnings during the coronavirus crisis.
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NewsWatch: H&M incentivises sustainable behaviours with green loyalty points
H&M has introduced points for loyalty club members to reward them for making more sustainable choices.
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NewsMcColl’s profits slide as Morrisons partnership extended
McColl’s has recorded a decline in profits as the pandemic altered its shoppers’ spending habits.
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NewsJust Eat profits soar as order numbers rise in lockdown
Just Eat Takeaway.com has reported a “strong improvement” in profits as order and active customer numbers grew across multiple markets.
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NewsZalando targets bigger share of European market after stellar year
Zalando has upgraded its ambitions to take a larger share of the European fashion market as sales soared over the past year.
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NewsScS profits rise as pent-up demand boosts sales
ScS has registered upticks in profits and sales as pent-up demand during the coronavirus crisis drove “record” first-half performance.
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NewsGreggs tumbles into the red but hails ‘progressive recovery’ in sales
Greggs has swung to a full-year loss following a slump in sales during the coronavirus pandemic.
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NewsJD.com profits soar as retail business booms during lockdowns
JD.com has posted a jump in full-year sales and profits as its retail division benefited from a spike in online shopping during the coronavirus crisis.
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AnalysisAnalysis: How Morrisons blazed a grocery trail through the Covid crisis
Morrisons’ profits might have fallen over the past year, but the grocer’s chief executive David Potts painted a picture of a business that has used a period of unparallelled upheaval to readjust its priorities for the future.
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NewsJohn Lewis swings into the red with permanent store closures imminent
John Lewis has reported a sharp decline in profits during the pandemic, meaning chair Sharon White “does not expect to reopen all John Lewis shops at the end of lockdown”.
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NewsMorrisons sales rise but profits battered by relief repayment
Morrisons has recorded an uptick in like-for-like sales during the year where the grocer’s “resilience has been severely tested”.
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NewsZara owner Inditex posts sales and profit fall in ‘challenging year’
Fashion giant Inditex’s executive chair Pablo Isla said the business has “emerged stronger” from the coronavirus pandemic despite suffering a slump in full-year profits.
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NewsDFS profits surge as pent-up lockdown demand boosts sales
DFS has posted a jump in half-year profits as pent-up demand from the first national lockdown drove a sales spike.
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NewsWHSmith hails ‘better than expected’ sales as high street stores recover
WHSmith has posted a “better than expected” performance during the first two months of 2021 as its high street stores mounted a sales recovery.
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NewsShoe Zone swings to full-year loss as Covid store closures bite
The UK’s largest value shoe retailer Shoe Zone has reported a loss for the year as the effects of the ongoing coronavirus pandemic begin to bite.
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NewsFarfetch records first profit after 12 years
Farfetch has achieved its first-ever positive EBITDA despite a tough year for fashion retailers.