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.
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Sep- 2019 -5 SeptemberOnline & Digital
Boohoo raises FY guidance after sales come in ‘ahead of expectations’
Online clothing retailer Boohoo has raised its full-year guidance after it reported sales for the first half of the year came in “ahead of expectations”. In a trading update Boohoo said that due to “strong” revenue growth driving operating leverage across its key brands it now anticipates group sales growth…
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5 SeptemberElectrical
Dixons Carphone sales increase despite mobile sales decline
Consumer electronics retailer Dixon Carphone has reported an increase in like-for-like sales for Q1, following “strong” performance in white goods, tablets and gaming. During the 13 weeks to 27 July, UK and Ireland like-for-like sales increased by 2%. International sales also increased by 4%, with a 4% rise in the…
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Aug- 2019 -14 AugustAdvice
COMMENT: First bans for ads breaking UK gender stereotyping rules
As we reported back in May 2018 in the post “CAP considers new rule against harmful gender stereotyping” a review by the Advertising Standards Authority (ASA), the Committees of Advertising Practice’s (CAP), which are responsible for writing and maintaining UK advertising codes) has introduced a new rule on banning harmful…
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8 AugustHigh Street
Adidas shares dip despite double-digit growth
Sportswear retailer Adidas saw shares dip by 2.3% in early trading today (8 August), despite the company’s operating profit growing 13% to €1.518bn (£1.398bn) in its Q2 results. In the first half of 2019, revenues increased 4% on a currency-neutral basis, which is in line with the 3% to 4%…
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Jul- 2019 -31 JulyHigh Street
Next raises profit forecast after ‘better than anticipated’ Q2
Clothing and home retailer Next has increased its full-year profit by £10m to £725m +0.3% on last year. The increase is expected to add up to £20m extra profits after expenses. Full price sales in the first half of the year up to 27 July, were up 4.3% on last…
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15 JulyHigh Street
Sports Direct delays FY results amid House of Fraser ‘complexities’
Shares in Mike Ashley’s Sports Direct have fallen by 11% in early trading this morning after it delayed its full-year results citing “complexities” around its House of Fraser acquisition. The results, which were due on Thursday, have been delayed due to “the current uncertainty as to the future trading performance…
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10 JulyAdvice
The impact of Brexit on the UK retail market
It’s no secret that the UK retail sector is facing a serious crisis, with the demise of several vendors including HMV, Toys R Us and LK Bennett a stark example of companies which have failed to stay afloat. But where did it all begin and what actions can retailers take…
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Jun- 2019 -28 JuneClothing & Shoes
Philip Day closes Bonmarché offer
Edinburgh Wooden Mill owner Philip Day has set a deadline on his £5.7m offer for Bonmarché after officially closing his offer following poor trading at the business. Day’s firm Spectre Holdings said it is closing its offer to buy the remaining shares at 11.45p, because the future of the business…
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28 JuneHealth & Beauty
Boots sees sales decline in Q3
Retail sales at Boots UK declined 2.6% in its Q3 results ending 31 May 2019 while pharmacy sales increased 0.8%. The health and beauty chain’s sales had an impact on its parent company Walgreens Boots Alliance’s overall performance, as it saw sales of $2.8bn (£2.2bn) – a decrease of 7.3%…
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12 JuneOnline & Digital
Boohoo Q1 sales surge 39%
Boohoo has seen group sales surge 39% as revenues reached £245.3m for the three months ending 31 May. The online fashion retailer said it experienced strong revenue growth across all geographies with the UK up 27% to £140.6m and international up 56%. Across its brands, sales at Boohoo were £123.5m…
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