Search Results for: retail sales
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Supermarkets
Asda successfully refinances £3.2bn of debt
Asda has announced that it has refinanced £3.2bn of debt pushing out the majority of its maturities into the next…
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News
Today’s news in brief-2/5/24
Total supermarket sales growth in the UK slowed to 3.4% in the four weeks ending April 20, down from the…
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High Street
Lounge Underwear PBT falls 33% amid focus on store openings
Lounge Underwear has reported that pre-tax profits dropped 33% to £5.5m during the year ended 30 June 2023, as the…
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Clothing & Shoes
Adidas raises profit guidance amid ‘strong’ Q1 results
Adidas has raised its profit guidance from €500m (£426.8m) to €700m (£597.6m) following a “better-than-expected” performance in the first quarter…
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Supermarkets
Fifth of Ocado shareholders vote against CEO bonus
Amost a fifth of Ocado shareholders voted against a new pay scheme that would see co-founder and CEO, Tim Steiner,…
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News
Today’s news in brief-29/4/24
Ted Baker’s European operations are on the brink of administration, endangering 149 jobs. The potential collapse affects stores and concessions…
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High Street
Monsoon Accessorize profits fall amid ‘difficult trading’
Monsoon Accessorize has seen its EBITDA fall 18% to £20m for the year ended 26 August 2023. The company stated…
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Department Stores
Sir Dickson Poon invests a further £25m in Harvey Nichols
Sir Dickson Poon, the owner of Harvey Nichols, will be investing a total of £32.5m in the retail group, having…
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