Latest finance news – Page 258
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NewsMobile makes up bulk of soaring Yoox Net-a-Porter sales
Luxury etail group Yoox Net-a-Porter’s sales jumped 11.8% (16.9% based on constant currency) to €2.1bn in 2017.
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NewsDunelm registers rise in golden quarter revenues
Dunelm has hailed an increase in sales and market share during its golden quarter, despite margin pressures.
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NewsShop Direct names interim CEO as Christmas sales spike
Shop Direct has named group finance director Derek Harding as its interim chief executive following a spike in Christmas sales.
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NewsJD ups profit guidance after ‘encouraging’ Christmas
JD has edged up its full-year profit forecast off the back of “encouraging” trading during the crucial Christmas period.
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NewsYours Clothing Christmas sales up as online surges
Plus-size retailer Yours Clothing has reported rocketing sales, driven by an uptick in its ecommerce revenues.
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NewsThe Fragrance Shop unveils Christmas sales boost
The Fragrance Shop has reported an uptick in festive like-for-like sales, which it has put down to high demand for luxury scents and gift sets.
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NewsMatalan claims festive success amid ‘volatile’ market
Matalan unveiled an uptick in festive profits and sales driven by the success of its online division.
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NewsBHS.com hails festive sales spike as momentum grows
BHS.com is toasting festive success after sales surged in the all-important golden quarter.
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NewsAsda claims Christmas supermarket sales crown
New Asda boss Roger Burnley proclaimed victory in the Christmas sales battle, with like-for-likes exceeding those reported by its big four rivals.
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NewsB&M delivers ‘outstanding’ Christmas sales spike
B&M has reported a jump in sales over the golden quarter driven by its rapid bricks-and-mortar expansion and grocery offering.
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NewsFortnum & Mason Christmas sales up despite ‘uncertainty’
Fortnum & Mason has posted strong festive sales rises driven by its travel and ecommerce arms and against a backdrop of “financial uncertainty” for shoppers.
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NewsAgenda: Dunelm, JD Sports, Primark and Bonmarché
Retail Week looks ahead to the next seven days, with updates from Dunelm, JD Sports and Primark on the agenda.
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NewsMaplin seeks funding and rent reductions amid tough trading
Maplin is seeking new investment and aims to slash its rental bill amid tough trading conditions, Retail Week can reveal.
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NewsTesco boss Dave Lewis: Food price inflation ‘abating’
Tesco boss Dave Lewis believes food price inflation will slow down this year as pressures on sourcing costs begin to ease.
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NewsCard Factory: Headwinds to hit full-year profits
Card Factory has warned that continued headwinds and margin pressures will impact its full-year profits.
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NewsBoohoo sales soar helped by record Black Friday
Boohoo doubled sales growth in its latest quarter as the fashion etailer celebrated its most successful Black Friday period to date.
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NewsFootasylum Christmas sales jump in maiden update
Footasylum has reported a leap in festive sales in its debut stock market update driven by its online arm.
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NewsGame stems decay with positive festive update
Game’s sales jumped during the golden quarter as it capitalised on high demand for new games consoles and “appealing” game releases.
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NewsHouse of Fraser posts Christmas sales slump
House of Fraser boss Alex Williamson dubbed the retailer “a business in transition” as its Christmas sales declined.
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NewsTesco sales climb over Christmas and third quarter
Tesco has registered a jump in sales during the crucial golden quarter, driven by its fresh food proposition.