Consumer Confidence

Zalando lowers guidance amid falling consumer confidence

Zalando has warned on its profits for the financial year FY22, with revenues now expected to grow 0%-3% to €10.4bn…

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Retail sales fall as consumers cut household spending

Retail sales volumes fell by 0.5% in May 2022 according to the latest figures from the Office for National Statistics…

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UK consumer confidence sinks to new record low in June

UK consumer confidence has fallen to the lowest level since records began during the month of June, according to the…

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Gear4Music profit dips in FY22

Gear4Music has reported gross profits of £41.1m in FY22, 11% below its “exceptional”, Covid boosted results in FY21, but 32%…

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N Brown reports 2.1% fall in first quarter sales

N Brown has revealed its sales dropped 2.1% to £165.1m during the first quarter of the year. In the 13…

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Halfords lowers FY23 profit expectations despite ‘resilient’ performance

Halfords Group plc has announced it has downgraded its profit expectations for the year despite seeing its profit before tax…

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Retail sales dip in May as consumers cut spending

Sales across retail decreased by 1.1% in May, against an increase of 28.4% in May 2021, as consumers continued to…

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May consumer spending rises 9.3%, Barclaycard reveals

Consumer card spending grew 9.3% in May compared to the same period in 2021, inflated both by the rising cost…

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Less hands make light work: easing impact financial stress on UK retailers

Almost every person in the UK has been affected by the various economic issues currently plaguing post-pandemic pockets. While discretionary…

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Barclay Family to revive Very Group IPO plans

The owners of the Very Group, the Barclay family, are reportedly set to revive plans to float the company next…

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