France

Spring heatwave drives B&M sales up 4% to £1.4bn

B&M saw its first quarter revenues rise 4.4% to £1.4bn for the 13 weeks ended 28 June 2025, following warmer weather in the Spring. B&M UK saw its like-for-like sales rise 1.3%, driven by a good performance in April from its general merchandise outdoor ranges assisted by drier weather and…

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Mulberry raises £20m from shareholders amid £31.8m FY loss

British lifestyle brand Mulberry has unveiled a £20m fundraising in a bid to support its turnaround strategy, after reporting a £31.8m loss before tax in the year to 29 March due to revenues falling in a challenging luxury market.   Group revenues dropped 21% to £120.4m in the period, with UK…

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Oakley Capital acquires Smythson of Bond Street

Oakley Capital has officially acquired Smythson of Bond Street, Fornasetti and Fabbrica Pelleterie Milano (FPM) for an undisclosed amount through its investment vehicle Iconic BrandCo, expanding its portfolio of luxury heritage brands.  The three brands join existing holdings Alessi, Globe-Trotter and Connolly in Iconic BrandCo, which was launched in 2020…

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B&M profits slump as inflation hits

B&M has seen its profit-before-tax fall 13.2% to £431m, compared with the £498m it posted in the same period last year. This came as a result of UK inflation, with the company’s UK revenues falling 3.1%, despite its overall group revenue rising 3.7% to £5.57bn. B&M put this revenue increase…

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Kingfisher sales rise 2.2% to £3.3bn in Q1

Kingfisher, which operates DIY brands Screwfix and B&Q, has reported that total sales rose 2.2% to £3.3bn in the first quarter ended 30 April.  It comes as like-for-like sales grew 1.8% during the period, with the group noting a 2.7% boost in underlying growth, thanks to customers making more large…

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JD Sports pre-tax profits drop 4% to £923m in FY25

JD Sports has seen its pre-tax profits and adjusting items drop 4% to £923m during the year ended 1 February 2025, due largely to the group’s continued investment in infrastructure, controls and security.  Without adjusting items, profits before tax fell 11.8% to £715m during the financial year.  However, the retailer…

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Today’s news in brief-29/4/25

Primark reported a 1% rise in sales to £4.47bn in the first half of the year, with adjusted operating profit up 8% to £540m. However, UK and Ireland sales fell by 4% due to cautious consumer spending and mild autumn weather affecting seasonal purchases. The retailer’s market share in the…

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Choosing the right ESL partner: Why reliability and security matter more than ever

In today’s fast-paced retail world, standing still means falling behind among competitors. As customer expectations rise, retailers are embracing digital innovations to stay relevant among the crowd. At the forefront of this shift are electronic shelf labels (ESLs), smart tools that do far more than display prices.But not all ESL…

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Primark UK sales fall 4% in H1 as US and Europe boost growth

Primark’s sales grew by 1% to £4.47bn in the first half of the year, with adjusted operating profit up 8% to £540m, as weaker UK and Ireland sales were offset by growth across the US and Europe. In both the UK and Ireland, sales fell by 4% despite good like-for-like…

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Deliveroo reports ‘strong’ Q1 as GTV hits £1.87bn

Deliveroo has reported a 9% increase in its gross transaction value (GTV) year-on-year to £1.87bn in constant currency in Q1 2025. It also saw continued improvement in order growth, up 7% to £72.6m (up 6% in Q4 2024), with GTV per order up 2% to £25.8m. Across both UK&I and…

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