Latest finance news – Page 225
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NewsShop Direct to focus on fashion to drive sales, says Birch
Shop Direct boss Henry Birch says the retailer’s record Christmas performance was delivered by honing the etailer’s fashion offer and sidestepping an “electricals price war”.
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NewsBoohoo raises sales guidance after strong Christmas quarter
Boohoo has reported strong revenue growth over Christmas and has raised sales guidance for the year.
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NewsBooths posts ‘strong’ Christmas sales increase
Booths has hailed a “strong” finish to 2018 after reporting increases in both sales and profits during the festive period.
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NewsWilko chief operating officer and digital director exit
Wilko’s chief operating officer Sean Toal and the boss of its digital division Sean Emmett have both stepped down amid a board reshuffle, Retail Week can reveal.
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NewsSeasalt sales soar over festive period
Seasalt has reported a “record year” after a sales increase of 35% in the five weeks to January 5.
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NewsMatalan posts Christmas and quarterly sales rise
Matalan has recorded a rise in total revenue over its peak Christmas trading period, despite a slight dip in its full-price sales performance.
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NewsShop Direct toasts ‘record’ Christmas sales
Shop Direct has hailed a “record” Christmas performance as its largest retail brand, Very, powered the group’s performance.
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NewsNew Look strikes deal to slash £1.3bn debt pile
New Look has struck a debt-for-equity deal with a group of key stakeholders in a bid to shore up its balance sheet.
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NewsJD Sports targets ‘upper end’ of profit guidance
JD Sports is on track to register earnings “at the upper end” of market expectations after hailing “further significant progress” during the Christmas trading period.
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NewsGo Outdoors buys Fishing Republic out of administration
Go Outdoors has acquired fishing retailer Fishing Republic out of administration today, saving the jobs of over 100 employees across its 14 stores.
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NewsFortnum & Mason hails 'record-breaking' Christmas
Fortnum & Mason has hailed a “record-breaking” Christmas after posting double-digit growth across all its channels
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NewsAgenda: Retailers update on Christmas trading
Retail Week looks ahead to the next seven days with Christmas updates from JD Sports, Boohoo, Primark, The Works and N Brown all on the agenda.
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NewsLidl woos shoppers with premium lines as festive sales jump
Lidl has recorded a spike in sales during the crucial Christmas trading period as its premium ranges wooed shoppers from mainstream grocery rivals.
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NewsAO.com cashes in on Black Friday with record November
AO.com has registered an increase in third-quarter sales, fuelled by its “highest sales month ever” in November.
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NewsMoss Bros hails sales progress in ‘challenging’ market
Moss Bros has toasted improvements in sales during the second half of its financial year, against what it called a “challenging consumer backdrop”.
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NewsQuiz warns on profits as festive discounting hits margins
Quiz has issued a fresh profit warning after sales during the crucial Christmas trading period fell “below expectations”.
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NewsB&M sales dip after 'difficult' November
B&M suffered a 1.6% fall in like-for-like revenues in its third quarter.