Latest finance news – Page 592
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NewsWorries for furniture sales after VAT rise
Furniture and homewares retailers say shoppers were out in force before the January 1 VAT rise but have warned that the outlook for the rest of the year is cautious.
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Swarovski eyes more openings in year ahead
Swarovski is to continue its expansion after reporting like-for-likes up 9% for the 2009 calendar year.
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NewsChristmas brings record month for My-Wardrobe
Fashion etailer My-Wardrobe.com enjoyed a record month in December, passing the £1m sales barrier in a month for the first time.
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NewsTheo Paphitis looks on as La Senza backers in talks
Former La Senza owner Theo Paphitis is understood to be waiting for the dispute between the lingerie retailer’s private equity owner and its lender to play out before deciding whether to make a move for the business.
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NewsMatalan’s ‘fruity’ £1.5bn asking price puts off potential buyers
Hopes of selling Matalan are likely to be dashed unless the reported asking price is cut.
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NewsGap sales improve for Christmas
Gap enjoyed a stronger Christmas this year with group like-for-like sales ahead 2% in the five weeks to January 2 compared to a drop of 14% for December 2008.
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NewsChristmas sales success for New Look
New Look, the value fashion group which is considering an IPO this year, has reported a strong Christmas performance.
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NewsJD Sports festive like-for-likes up 6.6%
JD Sports Fashion has reported group like-for-like sales for the five weeks to January 2 up 6.6%.
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NewsSainsbury's reports record Christmas
Sainsbury’s has reported a record Christmas performance, delivering like-for-like sales for its third quarter up 3.7% excluding petrol.
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NewsBest ever Christmas for Cash Generator
Buy, sell and loan store Cash Generator has unveiled record trading over Christmas.
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NewsMerry Christmas for Foyles
Sales rose sharply at independent book retailer Foyles over the Christmas period.
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NewsRecord Christmas for Republic
Young fashion chain Republic has reported a record Christmas with like-for-like sales up 11% in the eight weeks to January 4.
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NewsMajestic Wine festive like-for-likes up 11.7%
Wine specialist Majestic has reported like-for-like UK sales were up 11.7% over the festive period.
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NewsMarks & Spencer celebrates ‘good’ Christmas
Marks & Spencer has hailed Christmas trading a success after posting 0.8% like-for-like sales growth over the festive period but warned that prospects remain uncertain.
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NewsShop prices rise in December
Shop inflation rose sharply in December to 2.2%, from 0.2% in November, according to the BRC Nielsen Shop Price Index.
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NewsBooths reports 8.4% festive uplift
Regional grocer Booths has reported a 8.4% uplift in sales for the 12 trading days of Christmas and New Year, and like-for-like sales up by 2.5%.
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NewsSupergroup enjoys record Christmas
Supergroup, the young fashion retailer which owns the Superdry brand and Cult chain, scored a record Christmas with like-for-like sales up 29% in the five weeks to January 3.
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Fortnum & Mason December like-for-likes soar
Fortnum & Mason, the luxury department store, said that like-for-like sales rose more than 10% in the first three weeks of December.
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NewsLinks reveals record 2009
Jewellery retailer Links has revealed a record trading result for 2009.
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NewsShop Direct reports festive total sales up 6.3%
Home shopping retailer Shop Direct Group reported total sales up 6.3% for the six weeks ended January 1.