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Debenhams Group returns to growth amid PLT recovery

Debenhams Group returns to growth amid PLT recovery

Currys appoints Fredrik Tønnesen as Group CEO

Currys appoints Fredrik Tønnesen as Group CEO

Inditex sales rise 5.8% after strong start to summer trading

Inditex sales rise 5.8% after strong start to summer trading

Topic Hub

Profit Guidance

This coverage examines profit guidance announcements and revisions from UK retailers, analysing underlying factors such as sales performance, cost pressures, and market conditions. Reporting focuses on strategic outlooks, executive commentary, and financial forecasts — offering crucial insight for retail executives, financial officers, and business leaders evaluating performance signals and making investment and operational decisions.

Profit Guidance

This coverage examines profit guidance announcements and revisions from UK retailers, analysing underlying factors such as sales performance, cost pressures, and market conditions. Reporting focuses on strategic outlooks, executive commentary, and financial forecasts — offering crucial insight for retail executives, financial officers, and business leaders evaluating performance signals and making investment and operational decisions.

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…

Currys ups profit guidance after robust peak trading

Currys has announced that it has increased its profit guidance with its adjusted profit…

Next raises outlook as FY profits top record £1bn

Next has reported that pre-tax profits have risen by 10.1% to £1bn for the first time in its…

AO raises full-year profit guidance amid LFL sales surge

AO has revealed that its adjusted profit-before-tax has grown in the region of 30%, and is…

Today’s news in brief-6/3/25

Pepco Group is considering the sale of Poundland as part of a strategic shift to focus on…

Adidas confirms 500 HQ roles to be cut as it lowers profit guidance

Adidas is set to axe 500 jobs at its headquarters in Herzogenaurach, Germany, in a bid to…

Today’s news in brief-24/2/25

Shein, the global online fashion retailer, saw its profits plummet by 40% to $1bn in 2024.…

Shein profits falter ahead of planned London IPO

Shein’s profits reportedly dropped by 40% to $1bn (£791m) in 2024 as the online retailer…

B&M CEO to retire as group lowers FY guidance

B&M has revealed that chief executive Alex Russo will retire on 30 April, as the group…

Today’s news in brief-28/1/25

HMV owner Doug Putman is reportedly exploring a bid for WH Smith’s high street arm after the…