Moss Bros sees sales buck high street gloom December 15, 2011 MENSWEAR brand Moss Bros has posted a double-digit rise in sales in defiance of tough trading conditions on the high street. The suits specialist said like-for-like sales for the first 19 weeks of the second half were 10.5 per cent up on the previous year, despite tougher market conditions. Gross profits were 7.9 per cent [...]
Comparisons were always going to be tough, but the game will go on December 15, 2011 WHEN you’re a sports retailer reporting against a period that last year included the FIFA World Cup, the comparatives are never going to look good. So though shares fell five per cent after Ashley announced a slight fall in profits yesterday, underlying figures show little proof of a change in upward fortunes – especially when [...]
JD Sports set for hard slog at Christmas November 23, 2011 HIGH street chain JD Sports said yesterday it had seen a sharp slowdown in sales growth since September and warned that Christmas trading would be tough. In a downbeat assessment of falling UK consumer sentiment, the company warned that it was having to work hard to sustain its margins as customers spent less. Shares in [...]
JD Sports sees consumer confidence headwinds November 23, 2011 Sport retail chain JD Sports Fashion has issued a trading statement of two halves, saying its sales improved until mid-September but declined substantially after that until November. In a downbeat assessment of falling UK consumer sentiment, the company warned that it was having to work hard to sustain its margins as customers spent less. In [...]
Moss Bros moves into the black September 27, 2011 Moss Bros swung to a first-half adjusted pre-tax profit, helped by cost cuts and strong sales across both its hire and retail markets and said it expected outturn for the full year to be ahead of its prior view. The menswear retailer said trading in the eight weeks ended 24 September has been impacted by [...]
JD Sports earnings up despite £700k hit from UK looters September 21, 2011 SPORTSWEAR retailer JD Sports Fashion, whose shops were widely targeted by looters during last month’s riots in several cities, yesterday posted a 21 per cent rise in first-half profit and said it was well positioned for future growth. The firm, which trades as JD Sports, Size, Bank, Scotts and Chausport, said stock totalling £700,000 was [...]
JD Sports sees profits rise despite £700k hit from looting September 21, 2011 Sportswear retailer JD Sports Fashion, whose shops were widely targeted by looters during last month’s riots in several cities, posted a 21 per cent rise in first-half profit and said it was well positioned for future growth. The firm, which trades as JD Sports, Size, Bank, Scotts and Chausport, said on Wednesday stock totalling 700,000 [...]
Debenhams eyeing web sales growth September 18, 2011 DEBENHAMS will issue its first results under new boss Michael Sharp tomorrow with an added emphasis expected to be placed on online growth. The figures for the fourth quarter come as UK retailers face headwinds as household budgets are squeezed. Analysts are expecting the chain to focus on its international growth – particularly at its [...]
THE WEEK AHEAD September 18, 2011 COMPANY NEWS ● Gulfsands Petroleum, Highland Gold Mining and Petra Diamonds all announce today. All are looking for strikingly good results. ● Tomorrow, the UK-listed holding company of the Carnival group – the world’s largest cruise ship operator is dual-listed in New York and London – announces. It will be hoping for smooth sailing. ● [...]
Owner of Hunter wellies and Boxfresh trainers sees profits jump 46 per cent July 5, 2011 THE retailer behind Hunter wellies and Boxfresh trainers saw pre-tax profit jump 46 per cent to £96.6m last year, its accounts showed yesterday. Pentland Group, which also owns 57 per cent of sports retailer JD Sports, added 1,026 new staff last year, boosting its global workforce by 8.5 per cent to 13,141, and said it [...]