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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.

Next warns of store closures if equal pay appeal fails

Next has warned that store closures may be necessary if its appeal against a recent equal…

Next acquires 16% stake in homeware brand Rockett St George

Next has acquired a 16% stake in homeware brand Rockett St George, further furthering the…

Next ups guidance again as it closes in on £1bn profit

Next has announced that it has upped its full-year profit guidance by £15m, up to £995m, as…

TK Maxx owner ups FY profit guidance

TK Maxx owner, TJX Companies, has revealed it has upped its FY profit guidance after its…

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…

Today’s news in brief-12/6/24

The UK economy stalled in April 2024, showing no growth after a 0.4% increase in March, as…

Today’s news in brief-31/5/24

UK supermarkets experienced a 3.3% sales boost in May, attributed to a brief period of warm…

JD Sports PBT dips 8% amid ‘challenging market’

JD Sports has seen its profit-before-tax fall 8% down to £912.4m for the year ended 27 January 2024.

Today’s news in brief-29/5/24

Retail sales in the UK have seen their fastest growth since December 2022, according to the…

Today’s news in brief-21/5/24

Zuber Issa is poised to acquire the UK arm of EG Group, a move indicating the Issa…