Financial Results

Dr Martens FY profits fall to £34m as sales drop 8%

Dr Martens has reported that adjusted pre-tax profits fell to £34.1m, or £40.3m on a constant currency basis, down from…

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Is kidswear holding fashion retailers back?

Children’s apparel rarely commands the spotlight in retail reporting – but when it underperforms, the drag is felt quietly across…

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Topshop to return to high streets through wholesale partners

Asos has signed agreements with a selection of wholesale partners to put Topshop back on the high street, the group…

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Watches of Switzerland set to close 16 showrooms

Luxury watch retailer Watches of Switzerland is reportedly set to close 16 showrooms across the UK, putting 40 jobs at…

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Adidas sees revenues surge 24% to €5.97bn in Q4

Adidas has reported “better than expected” Q4 results as its revenues grew 24% to €5.97bn (£5.17bn) compared with €4.81bn (£4.17bn)…

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Customer satisfaction levels lowest since 2015, UKCSI finds

UK customer satisfaction levels remain near their lowest level since 2015, the twice-yearly report by The Institute of Customer Service…

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Boots sales rise 8.1% in Q1

Boots has delivered a “strong” first quarter with total comparable retail sales up 8.1% YoY for the three months ended…

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Today’s news in brief-29/10/24

The British Retail Consortium (BRC) has urged the chancellor to prioritise keeping prices low as shop price deflation reached 0.8%…

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Today’s news in brief-23/10/24

Chancellor Rachel Reeves is reportedly considering imposing higher taxes on Amazon as part of a broader effort to support British…

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Today’s news in brief-9/10/24

Shein’s UK arm reported robust financial results for 2023, with revenues climbing 38% to £1.55bn and pre-tax profits doubling to…

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