All DFS articles – Page 3
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NewsDFS profits fall as coronavirus plays havoc with full-year guidance
DFS has reported a decline in both profits and sales and warned that the developing coronavirus outbreak has made it impossible to give accurate guidance on its full-year results.
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NewsCoronavirus: Delays to UK retail supply chains but no panic yet
As workers in China begin returning to work after the coronavirus-extended Lunar New Year break, experts are predicting modest supply chain delays but say there is no cause for retailer panic.
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AnalysisAnalysis: How to survive the big-ticket storm
Following a few years of low consumer confidence, Brexit uncertainty, several general elections and a Christmas dubbed “the worst in a decade” by the BRC, big-ticket retailers have been battered by the retail storm.
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NewsDFS suffers sales fall but reassures on profits
DFS has reported a decline in sales but should hit earnings expectations despite tough trading conditions.
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AnalysisSmashing it: Nine retailers that powered ahead in 2019
Torrid trading conditions meant retail casualties made headlines throughout 2019. Sometimes it appeared that the entire retail industry was in the emergency ward, but that’s not so. Here we take a look at some of the successful retailers that smashed it out of the park this year.
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AnalysisAnalysis: Do furniture retailers face big-ticket blues?
After mixed results from furniture retailers DFS, Eve and ScS, Retail Week looks at how the big-ticket furniture retailers are performing and what their prospects are in uncertain times.
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NewsDFS profits rise despite tough trading conditions
DFS has reported a healthy increase in its underlying profit before tax and hailed the progress made following the launch of its new strategy, despite the headwinds facing the sector.
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NewsFrench Connection cuts losses and extends sale process
French Connection has reported reduced first-half losses and extended its strategic review and formal sale process for a second time, until the end of the financial year.
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NewsDFS profits on track after ‘strong trading performance’
DFS has said it expects to deliver underlying profits in line with expectations, assisted by strong sales growth across its brands.
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NewsDFS boss unveils ambitions for Sofology expansion
DFS posted its half-year results today with an increase in profits and sales across the group. Boss Tim Stacey told Retail Week his plans to keep the success surging with Sofology expansion plans.
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NewsDFS profits spike amid ‘solid’ sales performance
DFS has posted a surge in profits and sales as its acquisition of Sofology swelled its half-year figures.
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NewsAgenda: Morrisons, DFS and French Connection update the market
Retail Week looks ahead to the next seven days, with Morrisons, DFS and the latest Brexit vote on the agenda.
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NewsDFS sales rise despite challenging conditions
DFS has reported a rise in gross sales of 10% over a five-month period, despite what it described as a “challenging consumer environment”.
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AnalysisAnalysis: Will Brexit chaos wipe out big ticket’s golden period?
Big-ticket retailers rely heavily on Boxing Day and the January Sales, but this year the spectre of Brexit looms large.
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VideoThe Retail Week: Has big ticket turned the corner?
After contrasting financial updates from ScS, Topps Tiles and DFS this week, the team discuss whether the big-ticket market has turned the corner.
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NewsDFS profits plunge despite Sofology sales growth
DFS has reported a full-year profits slump, which outgoing boss Ian Filby attributed to “an exceptional downturn in market demand” in the fourth quarter.
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NewsDFS cautions on profits amid fourth-quarter 'disruption'
DFS has cautioned that full-year profitability will fall below last year’s total after hot weather and “disruption” to deliveries from the Far East dented fourth-quarter performance.
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NewsDFS COO Tim Stacey named boss as Ian Filby exits
DFS’s COO Tim Stacey will replace boss Ian Filby as he departs the business this autumn after eight years at the group.
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Video
Watch: DFS' Filby on cushioning the blow of the market
DFS boss Ian Filby tells Retail Week what’s in store for furniture retailers and explains how the sofa firm is working to navigate the “moribund” market.
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NewsDFS profits crash but Filby 'confident' of growth
DFS’ half-year profits have crashed but boss Ian Filby said he is confident in the business’ performance despite challenging market conditions.