Consumer Confidence

Michael Kors UK FY revenues fall 20% amid lower demand

Michael Kors UK has seen a 20% reduction in its revenues during the year ended 30 March 2024, following the…

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Retailers face £5.6bn rise in costs as Budget comes into play

New research by Retail Economics, along with frontline specialist Yoobic, has found that retailers face a £5.56bn rise in costs…

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Pets at Home warns of profit drop in FY26

Pets at Home has revealed that it expects its retail profits to drop in FY26 to within a range of…

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Today’s news in brief-27/3/25

Next has reported record pre-tax profits of £1bn for the year to January 2025, marking a 10.1% increase, and has…

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Next raises outlook as FY profits top record £1bn

Next has reported that pre-tax profits have risen by 10.1% to £1bn for the first time in its history, with…

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Today’s news in brief-20/3/25

The UK retail sector has faced significant challenges over the past five years, with a quarter of a million jobs…

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UK consumer confidence improves in March as Gen Z set to spend

UK consumer confidence improved slightly to -35 in March, up from -37 in February, the BRC has revealed.  According to…

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Office sees profits top £100m amid improved trading and new stores

Footwear retailer Office has seen its full-year pre-tax profits more than double to £102.4m as it experienced better trading conditions…

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Today’s news in brief-10/3/25

WH Smith is nearing a decision on the sale of its high street business, with two bidders, Alteri Investors and…

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John Lewis staff could miss out on bonus amid missed profit target

John Lewis employees could reportedly miss out on their staff bonus for the fourth time in the group’s history, amid…

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