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Strong December retail sales fail to offset weak Q4

Strong December retail sales fail to offset weak Q4

Next acquires Russell and Bromley

Next acquires Russell and Bromley

Primark sales fall 2.7% despite steady parent group revenues

Primark sales fall 2.7% despite steady parent group revenues

Guidance

This coverage focuses on trading guidance, financial outlooks, and performance updates issued by UK retail businesses. Retail Sector reports on company forecasts, profit warnings, earnings revisions, and strategic updates that shape investor sentiment and corporate planning across the retail industry. Coverage includes analysis of market reactions, executive commentary, and sector-wide trends influencing guidance from leading retailers. For retail professionals, this category provides critical insights into financial health, market expectations, and business confidence driving decision-making within the UK retail economy.

Guidance

This coverage focuses on trading guidance, financial outlooks, and performance updates issued by UK retail businesses. Retail Sector reports on company forecasts, profit warnings, earnings revisions, and strategic updates that shape investor sentiment and corporate planning across the retail industry. Coverage includes analysis of market reactions, executive commentary, and sector-wide trends influencing guidance from leading retailers. For retail professionals, this category provides critical insights into financial health, market expectations, and business confidence driving decision-making within the UK retail economy.

Frasers Group non-exec director steps down

Frasers Group has announced that non-executive director David Brayshaw has retired from its…

Today’s news in brief-6/8/24

UK retail sales saw a slight uptick of 0.5% year-on-year in July, driven by improved…

Zalando sales rise 3.4% in Q2 amid sports division boost

Zalando has welcomed a strong second quarter of trading that was boosted by a rising demand…

Next ups FY profit guidance amid strong summer sales

Next has raised its full-year profit guidance by £20m following a period of strong trading…

Adidas revenues jump 11% in Q2

Adidas’ currency-neutral revenues increased 11% in the second quarter of 2024, driven by the…

Pets at Home Q1 revenue up 1%

Pets at Home has announced that its total group revenue rose 1% up to £441.1m for the 16…

Ocado to extend debt maturity by raising £600m in bonds

Ocado has extended the maturity of its debt by raising £600m in bonds which are due for…

Frasers Group hits top end of FY24 guidance

Frasers Group has reported that its adjusted profits-before-tax rose 13.1% to £544.8m for…

Adidas raises FY guidance following ‘better-than expected’ trading

Adidas has raised its full-year guidance following “better-than-expected” performance during…

Today’s news in brief-15/7/24

Luxury fashion brand Burberry has ousted CEO Jonathan Akeroyd following a sharp decline in…
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