All Financial results articles – Page 207
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Aurora on song in first year since restructure
Aurora Fashions, the group that operates womenswear chains Oasis, Coast, Karen Millen and Warehouse, has said it has achieved strong single-digit like-for-like growth in the first half of its current financial year across all four brands.
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Amazon bets on Christmas winners
Amazon is betting on games hardware Microsoft Kinect and Sony Move to be its biggest sellers this Christmas as the etail giant revealed global sales rose 41% in its second quarter to $6.57bn (£4.34bn).
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Acquisition helps Halfords tick over
Motor accessories and cycles group Halfords posted a 9.6% group sales rise in its first quarter, reflecting its acquisition of Nationwide Autocentres.
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Tough start to the year for Wickes
Builders merchant Travis Perkins’ has reported a tough start to the year at its retail division, including DIY chain Wickes, but the business has gained market share.
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‘Excellent’ start for Best Buy’s UK big boxes, Carphone Warehouse reports
Best Buy’s first UK big-box stores have had an “excellent” response from shoppers, joint-venture partner Carphone Warehouse reported.
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Halfords revenues up in first quarter but like-for-like sales fall
Car and cycle accessories retailer Halfords has reported that first quarter group sales grew 9.6% in the 13 weeks to July 2.
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Growth slows but BrightHouse still going strong
BrightHouse has had another strong year of growth as the retailer benefits from low income families seeking alternative credit lines.
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Blacks hoping £5 loyalty cards will help revive sales
Blacks Leisure has sold 10,000 loyalty cards just two weeks since it launched the scheme in stores, and the retailer hopes it will be a key driver of sales, as like-for-likes fell 7.5% in the 17 weeks to June 26.
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B&Q suffers second quarter sales fall
DIY group Kingfisher suffered a sales decline at its UK arm in the second quarter as shoppers avoided big-ticket purchases.
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Blacks like-for-like sales fall 7.5%
Like-for-like sales fell 7.5% at Blacks Leisure in the 17 weeks to June 26.
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Losses widen at Findel
Home shopping group Findel has increased losses to £76.1m in its full year to April 2, from £57.4m the year before.
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Primark defies the downturn with strong growth in sales
Value fashion retailer Primark has reported that full-year margins are expected to be ahead of last year despite rising input prices, which are forecast to hit the clothing sector generally.
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Dreams expects to continue its rapid growth as more rivals fail
Bed specialist Dreams is set to notch up double-digit revenue growth this year on the back of its record year in 2009, but the retailer predicts more of its rivals will hit trouble.
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Burberry on strong upward trajectory
Luxury specialist Burberry reported a 24% hike in revenue to £291m for the three months to June 30, following a strong performance across retail and wholesale.
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Retail’s stock rises as June sales tick along
Retailers achieved “decent sales growth” in June, the BRC reported, and store stocks rose over the week although they lagged the All-Share index.
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Ailing JJB Sports trials new format to aid recovery
The World Cup has brought a much-needed sales uplift at sports specialist JJB Sports, which has also unveiled a new-model store in Slough that it hopes will aid its ongoing recovery.
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H&M sales up 20% in June
Sales for Swedish fashion giant H&M have continued to rise, soaring 20% in June compared to the same month last year.
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Mothercare suffers UK sales fall and buys Blooming Marvellous brand
Maternity specialist Mothercare has posted a fall in UK sales and has bought the trademark and brand of privately owned rival Blooming Marvellous.
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Asos sales up 54%
Sales for online fashion retailer Asos grew 54% to £61.7m in its first quarter to June 30, with sales from its international business continuing to grow at over 100%.
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Debenhams disappoints but maintains support
Debenhams issued a “disappointing” interim management statement last week, according to analysts, after like-for-likes weakened over the third quarter.