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Total sales at Primark rise by 24% Tuesday, 23rd April 2013
Photo credit: My Retail Media
Associated British Foods’ fast fashion retailer Primark on Monday announced total sales rose by 24 per cent in the six months to 2 March. Like-for-like sales, which strip out the effect of new store openings, rose 7 per cent for the retail chain. Overall, AB Foods reported half-year pre-tax profits of £415 million, up 26 per cent from a year before.
Posted in fashion, Food, Retail Industry Tagged primark, high street, oxford, street, charles, sinclair, ab, foods, profit, half, year, annual, result
Ted Baker profit up 16.5% as new openings boost sales Thursday, 21st March 2013
Photo credit: Ted Baker
British high-end fashion brand Ted Baker revealed a 16.5 per cent rise in annual profits as new stores overseas and strong UK sales helped secure sales. Ted Baker on Thursday said profit before tax and exceptional costs for the year to 26 January stood at £31.5 million, up from £27.1 million the year before and in line with analyst forecasts.
Posted in Accessories News, fashion, Franchise & Expansion, Retail Industry Tagged ted, baker, fashion, accessories, annual, year, profit, sales, us, uk, europe, british
Thorntons fetes turnaround as sales and pre-tax profit rise Monday, 25th February 2013
Photo credit: Thorntons plc
British chocolatier Thorntons hailed the beginning of its turnaround as pre-tax profits, revenues and UK sales rose during the first half of its year. The retailer on Monday revealed revenues rose 2.9 per cent to £133.7 million in the 28 weeks to 12 January 2013, while profit before tax and exceptional items increased by £2.2 million to £5.3 million.
Posted in Consumers, Food, Retail Industry Tagged thorntons, chocolatier, jonathan hart, chocolate, high street, close, profit, total, half, year
Sports Direct gears up for impressive half year results Monday, 10th December 2012
Sports Direct is preparing for another set of strong figures this week as the UK’s biggest sporting goods retailer prepares to announce its half year results on Thursday. Expectations are high after the a tumultuous year for the sporting goods sector, which saw Sports Direct pay nearly £24 million for the brand, stock, website and 20 stores of collapsed rival JJB Sports.
Posted in Sporting Goods Tagged sports, direct, mike, ashley, sporting, goods, jjb sports, jjb, house of fraser, sport, results, half, year
Dixons Retail like-for-likes up 3% Thursday, 29th November 2012
Photo credit: Dixons Retail
The Currys and PC World owner saw its UK and Irish operations return to profit for the first time in five years as like-for-likes rose 3 per cent for the first half. After a summer of sport helping boost the sale of big ticket items including televisions, Dixons Retail on Thursday revealed like-for-like sales rose 3 per cent in the 24 weeks to 13 October.
Posted in Electricals, Retail Industry, Technology Tagged currys, dixons, retail, pc world, like for likes, report, first, half, year, trading
Pets at Home sees 3.2% rise in sales for first half Wednesday, 7th November 2012
Photo credit: Pets at Home
Pets at Home chief executive Nick Wood. Pet specialist retailer Pets at Home saw sales rise 7 per cent in the 52 weeks to 31 March 2012, while like-for-like revenue has continued to grow during the retailer’s first half of the fiscal year to 11 October 2012. Total turnover came in at £544.3 million for the company’s full year, during which Pets at Home opened 32 new stores, commission a second distribution centre and began a global sourcing operation in Hong Kong.
Posted in Retail Industry Tagged pets at home, pet, retail, nick wood, chief executive, sales, fiscal, year, half year
Against the odds, WHSmith smashes £100m profit Monday, 8th October 2012
Photo credit: WHSmith
WHSmith is this week expected to announce profits rose 9 per cent to £101 million for the year, as the retailer continued to perform against the odds of a turbulent high street. The newsagent will reveal on Thursday that profits in the year to August will pass the £100 million profit mark for the first time since chief executive Kate Swann was drafted in to revamp the business nine years ago.
Posted in Books and Magazines, Retail Industry Tagged wh smith, whsmith, kate swann, profits, year, sales, high street, uk
Boden reports 45% drop in profit as rising cotton prices take their toll Monday, 24th September 2012
Photo credit: Boden
Pre-tax profits at the online and catalogue retailer fell 45 per cent last year, as rising cotton prices and a low consumer confidence heavily impacted sales. According to the Financial Times, Boden saw profits drop to £17.9 million in the year to 31 December 2011, in accounts filed with Companies House.
Posted in fashion Tagged boden, annual, sales, december, clothes, apparel, results, profit, year, 2011
Ferragamo profits surge 22% Thursday, 30th August 2012
Photo credit: Salvatore Ferragamo
Italian luxury brand Salvatore Ferragamo has bucked the trend for a declining luxury sector in Europe after reporting a 22.5 per cent rise in first half net profits to EUR 55.9 million. According to City AM sales in the period rose nearly 23 per cent to EUR 565.1 million, thanks to tourist spending in Europe and the group’s retail operation in China.
Posted in fashion, Franchise & Expansion Tagged salvatore ferragamo, italy, italian, ferragamo, luxury, accessories, sales, profit, half, year
Carphone Warehouse eyes improved earnings Thursday, 14th June 2012
Photo credit: My Retail Media
Carphone Warehouse is intent on remaining positive after the mobile phone retailer forecast a slight rise in 2013 earnings at its key European unit. After revamped stores and new products lining the shelves, the group was able to come in at the lower end of its target for 2012.
Posted in Electricals Tagged carphone, warehouse, mobile, phone, european unit, expansion, eurozone, results, year, news, figures
