Pandemic

H&M aims to double sales by 2030 as FY21 profit soars

H&M Group has announced that profit after financial items increased almost sevenfold in its latest full-year results, rising to SEK14.3bn…

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AO to review German business following revenue hit

AO has launched a strategic review of its German business after it was hit by supply chain issues and rising…

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The key e-commerce trends of the year

The pandemic has undoubtedly continued to accelerate UK e-commerce purchases in 2021. A 20.5% year-over-year growth in eCommerce sales is…

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Study reveals areas hit hardest by Covid-induced retail insolvencies

Norwich has been revealed as the area hit hardest by Covid-induced retail insolvencies, according to a study by Wholesale Clearance.…

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2021 footfall found to be 31% lower than in 2019

Footfall across all UK retail destinations was –31.1% lower than in 2019, but up from -39.1% in 2020, with retail…

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The Works H1 sales rise 30.6% to £116.1m

The Works has announced its revenues increased by 30.6% to £116.1m in the 26 weeks ending 31 October 2021 (H1…

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December retail sales dented by Omicron

Retail sales across the UK were dampened by the impact of Omicron last month, as volumes of sales fell by…

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Hugo Boss hails 51% rise in sales amid ‘record’ quarter

Hugo Boss has reported its revenues increased year-on-year by 51% to €906m (£757m) in the fourth-quarter (Q4) of 2021, with…

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Primark sales spike 36% to £2.67bn

Primark owner, Associated British Food (ABF), has announced the fashion retailer’s revenues increased by 36% to £2.67bn in the 16…

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Burberry sees recovery with profits rising to £723m

Burberry Group plc has increased its operating profit expectations to grow by 35%, following a 5% increase in revenue to…

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