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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May- 2025 -6 MayOnline & Digital
Zalando revenues rise 7.9% to €2.4bn in Q1
Zalando has seen its revenues grow by 7.9% to €2.4bn (£2bn) during the first quarter of 2025. Gross merchandise volume (GMV) for the group increased 6.5% to €3.5bn (£2.9bn) while adjusted EBIT rose to €46.7m (£39.7m) representing a margin of 1.9% and up 0.7%. Within the B2C growth vector, the…
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Apr- 2025 -30 AprilPeople Moves
B&M’s chief financial officer appointed interim CEO
B&M has announced the appointment of chief financial officer Mike Schmidt to the role of interim chief executive, effective immediately. The news comes as former chief executive Alex Russo, who joined the discounter in 2020, officially retired today (30 April) after three years in the role. In a very short…
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29 AprilFeatures
Missed the PCI DSS v4.0.1 compliance deadline? How retailers can catch up quickly
Retailers have long been at the cutting-edge of payment innovation. From cloud computing and smart devices to advanced POS systems, new technologies are enabling industry players to continually enhance the customer experience and streamline operations. However, there is a less desirable side to this ecommerce evolution. Retailers are no longer…
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29 AprilHealth & Beauty
THG revenues rise 1.1% to £1.8bn in FY24
THG has seen its revenues rise by 1.1% year-on-year to £1.8bn in the year to 31 December 2024, while its pre-demerger adjusted EBITDA hit £123.1m in line with guidance and consensus. It comes as, during 2024, THG completed its Ingenuity demerger, joined the FTSE 250 index, and refinanced its long-term…
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28 AprilNews-In-Brief
Today’s news in brief-28/4/25
Mohsin Issa, co-founder of EG Group, has stepped down as CEO but will retain a significant minority stake and remain on the board as a non-executive director. Russell Colaco, the current CFO, will take over as CEO, bringing extensive international retail and investment banking experience. The move reflects EG Group’s…
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28 AprilClothing & Shoes
Tariffs force Sketchers to withdraw 2025 sales guidance
Sketchers has announced that due to “macroeconomic uncertainty stemming from global trade policies”, the company is not providing financial guidance at this time and is withdrawing its annual 2025 guidance. The news comes as the group reported a 7.1% increase in sales to $2.41bn (£1.81bn) in Q1 2025, as a…
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17 AprilNews-In-Brief
Today’s news in brief-17/4/25
Sainsbury’s has forecast flat profits for the coming year, expecting operating profit to drop to around £1bn, below market expectations, despite a 7.2% rise in FY25 profits to £1.036bn. Revenue grew 1.8% to £32.81bn, with grocery sales up 4.2%, though Argos saw a 2.7% decline. The supermarket plans to continue…
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17 AprilOnline & Digital
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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15 AprilHigh Street
B&M to open 45 new UK stores despite sales drop
B&M has revealed that it is aiming to open 45 new stores in the UK in 2025 despite the fact it saw its UK like-for-like sales drop 3.1% to £4.5bn in the year ended 29 March 2025. Alongside this, the discount retailer stated that its UK like-for-like sales fell 2.1%…
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11 AprilSport & Leisure
Topgolf Callaway to offload Jack Wolfskin brand in $290m deal
Topgolf Callaway Brands has announced that it has entered into an agreement to sell its Jack Wolfskin business to Anta Sports for a base price of $290m (£222m) in cash, subject to net working capital and other customary adjustments. The transaction is expected to close in the late second quarter…
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