Browsing: retail sales News
The latest economic data reveals a modest 0.1% growth in the UK’s GDP for the third quarter.Economic growth fell from 0.5% in the previous quarter to…
Burberry reports a significant operating loss amidst declining revenues for the first half of 2024.The company recorded a pre-tax loss of £80m compared to a £219m…
October saw a decline in UK fashion sales as unseasonably mild weather delayed winter shopping.Total retail sales in the UK rose by only 0.6% compared to…
Prada Group bucked the luxury market trend with significant revenue growth.The Group reported a notable 18% increase in net revenue, reaching €3.8bn (£3.2bn).Miu Miu’s retail sales…
The upcoming festive season poses significant challenges for high street retailers in the UK. Many are grappling with rising costs and fiscal changes. New budgetary measures,…
In the latest financial year, New Look saw a significant improvement in pre-tax losses despite a drop in revenue.The pre-tax loss narrowed to £21.7m from £87.8m…
Wickes, a prominent home improvement retailer, has announced a return to growth over the summer months, posting a 2.1% increase in revenue.Despite these gains, the company…
Boots has successfully delivered its fourteenth consecutive quarter of growth, marking an outstanding close to the financial year ending August 2024.The company’s exceptional performance in Q4…
The onset of the autumn season coupled with back-to-school shopping has significantly influenced retail sales in the United Kingdom for September. New figures indicate a notable…
Retail sales in the UK defied expectations by rising in August, despite declining consumer confidence. Unseasonably high sales in food and clothing contributed to this growth.The…
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editor@financial-news.co.uk.
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