H&M shares dive after warning ‘unstable’ weather will hit sales June 27, 2024 Swedish fashion retailer H&M reported an increase in revenue in the second quarter of this year, but warned that sales for June are likely to be impacted by poor weather.
Halfords: Profit slides as cycling and motoring retailer warns of ‘soft’ trading June 27, 2024 Halfords has reported a slide in profit as the cycling and motoring retailer cut its dividend and warned of "soft" trading for the current financial year.
Currys back in the black thanks to ‘encouraging’ momentum in key markets June 27, 2024 Tech retailer Currys has seen its profit rise as bosses say the company is "getting back on track" after a tumultuous couple of years.
FCA under pressure to block Shein listing over forced labour concerns June 26, 2024 The Financial Conduct Authority is under pressure to block the listing of fast-fashion giant Shein due to concerns over the company’s alleged use of forced labour in its supply chains.
Kenwood sales soar as shoppers flock to buy toasters and kitchen mixers online June 26, 2024 British kitchen appliances manufacturer Kenwood has seen a huge jump in sales with the company crediting the ever-growing number of customers buying its products online.
Procook serves up return to profitability promising sustained growth June 26, 2024 Kitchenware maker Procook has said it "plans to accelerate profitable growth over the medium term" thanks to the strategic inroads and trading "momentum" borne out in its full year results in which the firm returned to profitability.
PZ Cussons: Carex maker backs outlook despite surge in Nigerian currency June 26, 2024 British health and beauty manufacturer PZ Cussons said its on track to deliver a revenue of more than £520m despite the decline in the value of the Nigerian Naira, which it said has had a “significant” impact on its trading.
Deliveroo approach from Doordash failed but analysts say it ‘may only be the start’ June 26, 2024 Deliveroo, which has long been seen as a target for a merger or acquisition, may not have agreed to a deal this occasion, but analysts at Jefferies said the approach "may only be the start".
HSS Hire sees sales jump as tool rental service weathers tough winter June 26, 2024 Tool rental firm HSS Hire increased its sales in the first five months of its financial year despite the impact of the mild winter on its seasonal product line.
Warpaint London: Makeup firm behind W7 sees sales soar following Superdrug deal June 26, 2024 Warpaint London, the company behind makeup brands W7 and Technic, has revealed a strong start to its financial year with sales up £10m following a deal with Superdrug.