All Financial results articles – Page 28
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NewsJoules on the brink after poor trading leaves working capital position 'below expectation'
Fashion brand Joules is exploring its options, including a possible CVA, as poor current trading has left the retailer’s working capital position “below expectation”.
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NewsDFS order volumes strengthen after lean summer
DFS has indicated there may be some green shoots of recovery in the furniture sector after a tough summer, with order volumes strengthening heading into the golden quarter.
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NewsAllSaints profits and sales soar driven by growth across all channels
AllSaints has reported mounting profits and sales despite store closures at the beginning of the financial year.
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AnalysisResearch: River Island, Primark and Under Armour cautiously optimistic about global growth in 2023
International growth and expansion will form a central component of growth strategies in 2023, the bosses of Under Armour, River Island, U.S. Polo Assn. and Primark have told Retail Week
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NewsNext sales inch up boosted by colder weather
Next’s full price sales grew slightly in the third quarter.
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NewsHarrods swings back to black despite decline in Chinese tourists
Harrods has swung back into the black as the retailer’s top line closes in on pre-pandemic levels.
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NewsAmazon shares tumble as it warns golden-quarter profit could be wiped out
Amazon has warned that its profits could be all but wiped out during the crucial golden quarter in a bleak prediction that stunned Wall Street.
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NewsWhite Stuff swings to the black after 'quietly rebranding' business
White Stuff has returned to profit following a branding overhaul last year.
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InterviewInterview: How Crew Clothing’s boss is building 'Ralph Lauren of middle England'
“I want Crew Clothing to become the Ralph Lauren of middle England.” It is a bold and ambitious statement from Crew’s chief executive David Butler, who has led the business since 2017 and has grand designs to grow it into the “most successful mid-market player” in UK fashion.
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NewsWickes warns of spiralling energy bill as sales rise
Wickes has warned its energy bill is set to soar by £7.5m next year as it flagged the impact of “uncertainties” surrounding operating cost inflation and consumer confidence.
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NewsDeliveroo reduces sales expectations amid ‘ongoing economic uncertainty’
Deliveroo has cautioned that full-year sales growth will come in at the lower end of expectations as it grapples with “ongoing economic uncertainty”.
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AnalysisAnalysis: How Asos boss Ramos Calamonte plans to put the business back on trend
Asos has unveiled four strategic cornerstones to power through the next 12 months of uncertainty and put the business back on track
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NewsNew Asos boss lays out 12-month turnaround plan as it swings to loss
Asos swung into the red as it struggled against an “incredibly challenging economic environment”.
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NewsExclusive: Fenwick sales rise and losses slashed after weaning itself off ‘discounts drug’
Department store business Fenwick increased sales and cut losses last year as it turned pandemic challenges into opportunities by changing its business model.
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NewsExclusive: Ikea raises prices by up to 80% as manufacturing costs bite
Ikea has hiked furniture prices by up to 80% since last year, an investigation by Retail Week has found.
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NewsRevolution Beauty CEO and chair stand down during audit investigation
The chief executive and executive chair of Revolution Beauty will both stand down from their posts for the duration of the independent investigation into audit failures at the retailer.
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NewsBoots sales recovery driven by flagship and travel stores
Boots sales recovered in the three months to August as customers flocked to flagship locations and travel stores.
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NewsDiscounter Pepco targets new store openings as customers fly to value
Poundland owner Pepco has said it will accelerate its new store opening programme as demand for its offering increases amid global economic uncertainty.
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NewsScS profits soar ‘ahead of expectations’ as sales reach record highs
ScS has reported record sales figures in the first full year of its new strategy.
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NewsQuiz Clothing sales jump as customers seek 'glamorous looks at value prices'
Quiz Clothing has recorded an uplift in sales over the last six months as its occasionwear and dresses resonate with consumers.