Black Friday
This coverage examines Black Friday’s impact on the UK retail sector, focusing on sales performance, promotional strategies, consumer trends, supply chain pressures, and operational planning. Reporting provides insights into how retailers prepare for and execute campaigns, manage demand, and assess outcomes — offering valuable context for executives and managers navigating peak trading periods.
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Dec- 2019 -16 DecemberOnline & Digital
Studio profits slump amid PPI claims
Online retailer Studio has recorded a ‘flat’ revenue of £228.1m in its half-year results ended 27 September. Whilst adjusted profit before tax rose by 12% to £13m, profit from continuing operations plunged by 83% to £2.6m. PPI claims of £7.9m impacted its profits from continuing operations, which were reported at…
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12 DecemberClothing & Shoes
Superdry profits slump in half-year results
Superdry saw underlying profits tumble to £200,000 in the six months to 26 October 2019, down from £12.9m recorded during the same period last year. The fashion retailer also saw revenues drop by 11% to £369m, which reflects “an expected year of reset” for the fashion retailer, who claims it…
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10 DecemberClothing & Shoes
Ted Baker bosses depart as it warns of profits drop
Ted Baker has confirmed its CEO Lyndsay Page has resigned and chairman David Bernstein is to step down from their roles, on the same day that the embattled clothing retailer also issued a profit warning. In a trading update for its full year, the company said expectations for the period…
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9 DecemberHigh Street
Wet weather hits November footfall
Retail footfall in November dropped 3.4% year-on-year after “severe wet weather” deterred shoppers in the last two weeks of the month, according to the latest figures from Springboard. Springboard also revealed that footfall was likely affected by shoppers holding out for Black Friday discounts. Black Friday was deemed to have…
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6 DecemberClothing & Shoes
Boohoo founders sell off £143m of stock
Boohoo founders, Mahmud Kamani and Carol Kane, have announced the sale of 50 million shares in the fashion group, at a price of 285p with a total value of £142.5m. Following this placing, which was announced in a regulatory filing yesterday, the duo now possess just over 184 million shares…
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3 DecemberHigh Street
Black Friday boosts consumer spending in November
UK retail sales grew in the month of November, according to the latest report from the British Retail Consortium (BRC). When factoring in Black Friday, like-for-like sales grew by 0.9%, up from a decline of 4.9% when excluding the sales event from monthly figures. For the period of 27 October…
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3 DecemberHigh Street
Black Friday footfall up 3.3%
Black Friday footfall rose by 3.3% year-on-year according to the latest figures from Springboard. The Retail intelligence experts found that shopper numbers increased in all three destination types with shopping centres faring the best with an increase in footfall of +6.5% as shoppers looked to make the most of the…
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3 DecemberOnline & Digital
Boohoo upbeat after ‘record’ Black Friday trading
Online fashion retailer Boohoo has reported “record performance” across the Black Friday weekend. The company was “pleased to confirm” that since its half year end, trading has “remained strong” across its key brands, and both of its warehouses also had a “strong” operational performance. The group’s new brands, Karen Millen,…
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2 DecemberOnline & Digital
Disabled customers ‘shut out’ from online shopping
Disabled people are being “shut out” from digital world by inaccessible websites and apps, claims disability charity Scope. The charity said that those with disabilities were being “penalised for being disabled”. Businesses are also missing out on “billions of pounds” from potential customers through the use of inaccessible platforms, it…
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Nov- 2019 -29 NovemberHigh Street
‘Please respect shopworkers’, says USDAW
The trade union leader of Usdaw has urged shoppers to “keep their cool” this Black Friday. The Union of Shop, Distributive and Allied Workers also announced its support of Labour’s manifesto, that states the party will ensure that “public-facing workers are protected by toughening the law against abuse and violence”.…
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