Financial Results

Zara owner Inditex sees 41% jump in online sales

The owner of Zara and Massimo Dutti, Inditex, saw online sales revenue grow by 41% in 2017, according to a…

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Morrisons reports third consecutive year of profit growth

Supermarket giant Morrisons has revealed profit growth of 16.9% to £380m, in a third consecutive year of positive financial growth.…

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French Connection breaks the retail slump, reduces losses

French Connection has today announced that it is close to a return to profit, after annual losses fell dramatically. The…

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Valentine’s Day sales fall for fifth year in a row

Valentine’s Day like-for-like in-store sales fell by -1.6% in February, according to the BDO High Street Sales Tracker. The poor…

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Owner of John Lewis and Waitrose reports 77% drop in annual profits

The John Lewis Partnership has announced a 77% drop in annual profits and has cut the annual bonus given to…

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Grocery purchases drive UK retail sales: BRC

Food sales continue to drive up sales in the retail sector, but non-food retailers suffered a fall in spending. Over…

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UK gaming sales grew despite consumer spending struggles

UK gaming sales grew to a record £5.11bn last year, despite consumer spending decreasing, new figures show. Trade body UK…

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Mother’s Day spending spree set to lift high street sales

Spending analysis from Liberis, a leading small business finance provider, has revealed that British shoppers are expected to shell out…

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Carpetright shares dive following profit warning

Shares in Carpetright have dropped by more than a quarter following a refreshing profit warning. The group announced that trading…

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Primark sales drop due to ‘unseasonably warm weather’

Sales at Primark took a hit in autumn following a spell of unseasonably warm weather, but the fashion retailer still…

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