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.
JD Sports
The sports specialist will release its Christmas trading statement on Monday. JD Sports reported stellar profits and sales in its interim results with a 19% jump in pre-tax profits to £121.9m in the 26 weeks to August 4.
Boohoo
The fashion etailer will give a trading update on Tuesday. Boohoo, which also owns Nasty Gal and Pretty Little Thing, will see current Primark executive John Lyttle join as chief executive in March. The group performed well in its first-half results as sales rose 50% to £395.3m.
The Works
The value retailer, specialising in books, stationery, arts and crafts and gits, reports its half-year results on Wednesday. The Works floated on the London Stock Exchange for £100m last year, in a bid to repay debt and provide an exit for its private equity owner Endless.
N Brown
The online retailer will publish its third-quarter results on Thursday. The fashion group, which includes power brands Jacamo, SimplyBe and JD Williams, underperformed in its half-year results as group revenue rose just 1% £457.8m. N Brown closed all its bricks-and-mortar stores in August and has recently partnered with tech firm Decoded as part of its drive to become a digital-first retailer.
Primark
Associated British Foods also gives a trading update on Thursday. Primark experienced a “challenging” November but ABF chair Michael McLintock reiterated its profit guidance. The fashion retailer reported full-year sales up 5.5% in September. The market will be keen to see how the value giant fared over Christmas given its November jitters.
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