All Financial results articles – Page 212
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Mango sales up 5.7% as international expansion gathers pace
Spanish fashion brand Mango has announced total sales rose 5.7% to €1.48bn (£1.3bn) excluding VAT in 2009 and has confirmed that it will open its 1,500th global store in 2010.
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Mothercare sales hit by bad weather in fourth quarter
Maternity specialist Mothercare suffered a slowdown in like-for-like sales in its core UK market during the fourth quarter but annual turnover exceeded £1bn for the first time.
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Topps Tiles cautious about outlook as like-for-likes slow
Topps Tiles has reported that consumer confidence remains shaky and trading patterns were lacklustre in its second quarter.
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Next profits soar 18%
Fashion retailer Next has reported an 18% increase in group pre-tax profit to £505m in the full year to January 30 in what chairman John Barton said was “an extraordinary year”.
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Clinton Cards profits soar after buying back Birthdays
Clinton Cards has reported a 28.8% increase in interim profits, on the back of group sales up 20.8%, driven by the re-acquisition of the Birthdays business.
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Carpetright issues profit warning
Carpetright has issued a profit warning, citing the “pace of recovery seen towards the end of 2009 has not been sustained”.
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Monsoon profits climb after strong international sales
Monsoon has recorded an eight-fold increase in profits and bumper international trading over the year to August 29, 2009.
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Benetton chief exits as profits and sales fall
Italian fashion group Benetton is losing its chief executive after three years as its profits and sales fell last year.
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Home Retail profits to beat expectations despite Argos sales fall
A later than usual catalogue launch and wintry weather contributed to a like-for-like sales fall of 9.4% at catalogue store group Argos but parent Home Retail Group expects its full-year results to beat expectations.
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Hotel Chocolat outlines growth plan
Hotel Chocolat is to open between 10 and 15 stores this year, after reporting a strong start to the year with like-for-like sales up 14% in January.
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QVC’s UK sales bolstered by second-half lift
UK sales at TV shopping business QVC climbed 2.3% to £367.9m in 2009 after a stronger second half.
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QVC sales up 2.3%
Sales at QVC in the UK grew 2.3% in 2009 reaching £367.9m for the TV shopping business after a stronger second half.
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Dunelm’s value proposition drives growth
Dunelm has reported like-for-like sales up 15.4% in its interim results, bolstered by its “simply value for money” proposition.
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TJX Europe full year like-for-like sales ahead 5%
TJX Europe, the operator of off-price retailer TK Maxx, said like-for-like sales rose 5% in the full year to January 30.
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Wickes full year profits soar
DIY retailer Wickes experienced a 2.4% decline in like-for-likes in the seven weeks to February 20, but full year profits soared as the chain grew its market share.
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Airport retail sales soar on weak pound
Duty-free shopping and the weakened pound drove sales at London’s airports to their highest levels for a decade last year.
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Primark sales climb in first half
Value fashion and homewares chain Primark’s first-half sales were “substantially ahead” of last year, parent Associated British Foods reported.
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Third quarter lifts Sports Direct
Sports Direct third-quarter retail sales rose 9.4% to £326m year on year and it has raised its full-year EBITDA target to at least £160m.
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QS on target to return to profit as sales climb
Value retailer QS is on track to make a profit this year after a decade of being in the red.
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Abercrombie & Fitch profits fall after ‘difficult’ year
Abercrombie & Fitch Co has recorded a 31% drop in net income to $47.5m (£30.1m) over the 13 weeks to January 30 while total sales fell 5% to $936m (£594m).