Charles Tyrwhitt’s sales success sees The White Company owner pass £500m May 1, 2024 The group behind The White Company has seen its turnover surge past £500m thanks to the success of menswear brand Charles Tyrwhitt, it has been revealed.
Lounge hikes dividend as international expansion drives sales at underwear brand May 1, 2024 Underwear brand Lounge hiked its dividend to more than £10m as its focus on international expansion helped drive up sales.
Wickes announces fall in overall sales, guidance unchanged May 1, 2024 Retail sales rose by 0.6 per cent in the period, making it a year of positive retail sales growth for Wickes. The group said retail sales were driven by increased transactions rather than inflationary prices.
Mulberry continues to suffer on weak luxury demand May 1, 2024 Consumers have continued to spend on makeup and beauty goods but have reduced their spend on some luxury items like handbags.
Silverwood Brands issues ‘bumpy ride’ warning as Lush exit completes May 1, 2024 Silverwood Brands has warned its latest financial figures will reveal it experienced a "bumpy ride" during 2023.
Next: High street bellwether beats market expectations yet again May 1, 2024 Next said that it has projected post-tax earnings per share growth of 4.8 per cent for the year.
Amazon’s stock surges on strong earnings, fuelled by AI-driven cloud growth May 1, 2024 Amazon.com surpassed Wall Street's expectations in its quarterly report, buoyed by the surge of interest in artificial intelligence, particularly in its cloud-computing division, propelling the retail giant's shares up to 5% in after-hours trading.
Klarna offloads London entrepreneur’s shopping tech after just three years April 30, 2024 Fintech firm Klarna has sold assets in virtual shopping business Hero to Swedish video commerce platform Bambuser for around £1.1m just three years after buying the entire company for a reported £137m.
Barclay family set to lose control of Very Group as Redbird IMI looks to kick off sale April 30, 2024 The billionaire Barclay family is rumoured to be plotting a sale of their online retail and financial service business Very Group.
Amazon: AWS, Prime and AI set to drive first-quarter earnings April 28, 2024 Analysts said that Amazon has recently got its mojo back after losing momentum over the last few years.