All Financial results articles – Page 5
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NewsWatches of Switzerland is on track for the full year thanks to UK market ‘stabilisation’
Watches of Switzerland has reported trading in line with expectations for the start of the financial year as the demand for luxury watches and jewellery in both the UK and US steadied.
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NewsHarrods has seen its highest ever turnover as sales surge
Luxury department store Harrods has recorded its highest-ever turnover, driven by tourists coming back to London post-pandemic.
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NewsBirkenstock has reported a record quarter thanks to demand for ‘ugly’ clogs
German footwear retailer Birkenstock has reported a record third quarter thanks to increased demand across all regions.
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NewsQuiz has posted losses and a decline in revenue
Fashion retailer Quiz has posted “disappointing” results, which it said reflect the impact of inflationary pressures on consumer spending.
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NewsKurt Geiger has posted ‘record’ sales and a rise in profit
Kurt Geiger has posted “record” profits and handbag sales despite weaker demand in the wider luxury market.
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NewsJD Sports growth driven by US and European revenues surge
JD Sports has reported group like-for-like and organic sales increases, driven by surging revenues in the US and Europe as UK performance softened.
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AnalysisAre Estée Lauder’s struggles a sign the good times might be over for UK beauty retail?
As global cosmetics giant Estée Lauder Companies reported a fall in sales marked by a slowdown in prestige beauty sales, Retail Week explores if this should be a cause of concern for beauty retailers in the UK
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NewsPandora has upped its guidance in its ambitious bid to become a ‘full jewellery house’
Pandora has upped its full-year growth outlook as sales at the jewellery retailer rose in its ambitious bid to become a “full jewellery house”.
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NewsUnder Armour sales have fallen as it undergoes restructuring
Under Armour has reported a fall in sales in the first quarter of 2024 alongside a restructuring plan for the business.
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NewsMountain Warehouse has returned to profit as it eyes Carpetright stores for expansion
Outdoor specialist Mountain Warehouse is looking to potentially take over former Carpetright stores after it reported a return to profit in the full year ending February 29, 2024. tores as it reported a return to profit in the full year ending February 2024.
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NewsAsda owner has blamed the ‘challenging retail environment’ as revenues and like-for-likes slump
Asda owner Mohsin Issa has blamed what he called a “challenging retail environment” for falling revenues and a slump in like-for-like sales at the grocer.
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NewsMarks Electrical profits have plummeted in ‘challenging but rewarding year’
Marks Electrical profits have slumped even while sales increased in what its CEO described as a “challenging but rewarding year” for the retailer.
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NewsZalando’s sales and profits have soared thanks to the summer of sport
Online fashion giant Zalando has reported a surge in profits and sales during the second quarter and maintained its full-year guidance as the summer of sport paid off.
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NewsSeasalt has reported an ‘excellent’ year helped by its thriving store estate
Cornish fashion retailer Seasalt has reported a record year of profits and sales as its store estate continues to thrive despite “external challenges” within the fashion sphere.
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NewsAmazon sales have surged but customers remain cautious and are seeking bargains
Sales at ecommerce giant Amazon have surged during its second quarter despite customers remaining cautious and trading down amid the cost-of-living crisis.
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NewsApple’s revenue has risen despite declining demand for iPhones
Technology giant Apple has reported an increase in revenue during the third quarter despite a continued decline in the demand for iPhones.
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AnalysisNext has posted weather-busting, expectation-beating results – what do the analysts say?
Fashion powerhouse Next knocked the numbers out of the park in its second quarter when full-price sales climbed 3.2% year on year.
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NewsAdidas has posted an increase in sales following major football tournaments
Adidas posted an increase in revenue in the first half of the year driven by strong brand momentum and sporting events such as Euro 2024 and the Copa América.
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NewsWhite Stuff has reported a surge in profits after shift to ‘customer favourites’
White Stuff has hailed the success of its brand transformation strategy after posting a surge in profits and sales for the full year.
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NewsWickes retail sales grow against a ‘challenging background’ even as the group struggles
Wickes has reported continued sales and volume growth across its core retail business, even as group sales and like-for-likes slipped against a ‘challenging background’.