All Financial results articles – Page 204
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NewsCarpetright sales fall 7.3% in ‘difficult’ market
Carpetright disappointed the City with its second-quarter update on Wednesday. The floorcoverings market leader suffered from unsettled consumer confidence and lower mortgage approvals.
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NewsFlying Brands sales grow 12% despite setbacks
Home shopping group Flying Brands reported sales from its ongoing business rose 12% to £5.6m in the three months to October 1.
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NewsGo Outdoors emerges as bidder for Blacks
Privately-owned specialist retailer Go Outdoors has emerged as a bidder for Blacks, Retail Week has learned.
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NewsMixed sales performance from Flying Brands
Home shopping group Flying Brands has revealed mixed trading at its main businesses and acquired 50% of online promotions business Dealtastic.
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NewsStaples UK cuts costs and returns to profit
Stationer Staples UK has bounced back into the black, posting a pre-tax profit of £6.2m compared with a loss of £8.6m the year before.
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NewsClinton profits jump despite tough trading
Greetings cards retailer Clinton Cards generated a 3% increase in profits last year but has found trading tough in recent weeks, particularly in Ireland.
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NewsStrong US trade drives Clarks’ record first half
Footwear giant Clarks has delivered a record first half under new chief executive Melissa Potter, but has struggled in the UK and remains cautious about future trading.
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NewsAsos UK growth slows but international sales rocket
Analysts have taken heart from Asos’s strong international performance despite UK growth slowing as the etail fashion giant introduced free returns.
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NewsOwn brands boost Debenhams profits
Debenhams grew operating profit 7.1% to £196.1m during the year to August 28, helped by a strong performance from its own brand Designers at Debenhams range - and has announced four new designer collaborations.
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NewsArgos suffers profits fall
Argos and Homebase owner Home Retail Group has posted a plunge in interim profits.
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NewsJeweller F Hinds sees profits sparkle
F Hinds, the family-run jewellery retailer, has seen profits for the year more than treble to £3.2m, up from £990,048 in 2009.
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NewsM&S urges caution despite increase in sales
Marks & Spencer beat second-quarter sales expectations but chief executive Marc Bolland remained cautious about prospects. Despite Bolland’s wariness, and a rise in costs such as marketing, analysts upgraded their forecasts ahead of a strategic update next month.
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NewsMothercare overseas sales overtakes UK sales
Mothercare has said overseas sales have overtaken UK sales for the first time in its first half.
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NewsMothercare expecting better results
Maternity and baby retailer Mothercare is expected to show improved trading next week when it updates the market on its second quarter.
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NewsAge of food discounter over as Aldi racks up £54m loss
Aldi, the German discounter that became a byword for the shift to value in the recession, has suffered a dramatic reversal of fortune, turning a £93m pre-tax profit in the UK and Ireland into a £54m loss last year.
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NewsMulberry’s figures ‘exceeded expectations’
Luxury retailer Mulberry has said sales were stronger than expected in the 10 weeks to October 2, with like-for-like sales in its full price stores up 79%.
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NewsTed Baker pre-tax profits rise 25%
Quirky retailer Ted Baker saw pre-tax profits rise 24.6% to £7.5m for the 28 weeks to August 14.
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NewsTesco profits climb 12.5%
Tesco has reported a 12.5% increase in group pre-tax profit in its interim results, with international sales helping to offset the subdued growth in the UK.
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NewsMidcounties reports record half-year profits
Midcounties Co-operative has reported a rise in sales and record half-year profits, but is still forecasting that 2011 will be a ‘tough year’ because of the forthcoming public sector job cuts.
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NewsPaperchase profits hit by closure of Borders
Paperchase suffered a slide in profits last year as the closure of bookseller Borders hit the card and stationery retailer’s bottom line.