Q2 2022

Urban Outfitters owner sees income rise 75% in Q2

Urban Outfitters Inc, the owner of Urban Outfitters, has reported a net income of $104.1m (£82m) for the three months…

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Farfetch profits and sales drop as its brand platform suffers

Farfetch has revealed its revenues decreased to $572.1m (£450.1m) from $579.3m (£455.7m) during Q2 2023, representing a year-over-year decrease of…

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MusicMagpie sees EBITDA rise 7.7% in H1

MusicMagpie has reported adjusted EBITDA of £2.8m, up 7.7% in H1 2023 compared with £2.6m in H1 2022, according to…

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Levi’s revenues dip 9% in Q2

Levi Strauss and Co recently reported a 9% revenue decrease to $1.3bn (£1bn) for the period ended in May 2023. …

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Store vacancy rate falls but remains below pre-pandemic levels

In the third quarter of 2022, the overall GB vacancy rate decreased to 13.9%, a 0.1% rise from Q2 and…

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UK retail sector M&A deals increase 21% on last year

The number of M&A deals targeting UK retailers has increased by 21% in the last year, up from 28 transactions…

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EG Group profits hit by cost-of-living crisis in Q2

The Issa brothers-owned EG Group has seen its profits slump in Q2, as earnings fell by 6.5% to $355m (£307m)…

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Farfetch revenues increase 10.7% in Q2

Online luxury fashion retail platform, Farfetch, has announced that the group’s revenue increased by 10.7% year-over-year in Q2 to $579.3m…

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Asda sees Q2 sales improve but remain down on 2021

Asda has revealed that it saw like-for-like sales in Q2 2022 ending June 30 fall by 1.9% year-on-year compared to…

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UK economy contracts 0.1% in second quarter

The UK economy contracted by 0.1% in the second quarter of the year (Apr to June) 2022, according to the…

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