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Fortnum & Mason boasts 22% December sales jolt

Friday 13 January 2017 - Posted by Ben Stevens

Promising UK Christmas sales continue as Fortnum & Mason release record trading results for the period. In the five weeks to January 1 the heritage department store posted a 16 per cent rise in like-for-like sales, encouraged by an online boost of 22 per cent which contributed...


The Entertainer's online sales soar

Friday 13 January 2017 - Posted by Ben Stevens

Toy retailer The Entertainer's Christmas trading results indicate a promising rise in sales, solidifying its position as the fastest-growing multichannel toy retailer in the UK. In the five weeks to December 31 the brand posted a total sales increase of 13.5 per cent and a 2.6...


Tourist spend tops £750m in December

Friday 13 January 2017 - Posted by Ben Stevens

Over £725 million was spent in the UK by foreign visitors dubbed “Brexit tourists” throughout December, as the devalued pound continues to draw bargain hunters from across the globe. New results from Worldpay, who process payment data, suggest that foreign card spend rose by 2...


Your definitive guide to the Christmas updates

Thursday 12 January 2017 - Posted by Ben Stevens

Retailers have enjoyed a better-than-expected Christmas trading season as a flurry of updates this week and last week confirmed that shoppers were happy to spend money during the festive season. Figures from some of the UK's biggest retailers showed the sector enjoyed impressi...


Primark sees 11% sales jolt

Thursday 12 January 2017 - Posted by Ben Stevens

Budget fashion retailer Primark adds to today's stream of positive Christmas retail sales updates, posting huge sales boosts from the devalued pound. Parent company Associated British Foods (ABF) said Primark saw an 11 per cent jolt in sales over the Christmas period, or 22 pe...


JD Sports on track for 3rd year of double-digit growth

Thursday 12 January 2017 - Posted by Ben Stevens

Sportswear retailer JD Sports has reported stellar trading in its over the Christmas period, encouraging it to announce it will beat market expectations. The retailer, currently undergoing the acquisition of Go Outdoors, said its full year profits are expected to be 15 per cen...


M&S clothing grows for first time in 2 years

Thursday 12 January 2017 - Posted by Ben Stevens

An overhaul of its ailing clothing brand saw Marks & Spencer return the range to growth for the first time since 2015. In the 13 weeks to December 31 the retailer’s clothing and home division saw like-for-like sales rise by 2.3 per cent. Its food arm also reportedly rose by 0....


Debenhams' beauty & gift ranges aid healthy growth

Thursday 12 January 2017 - Posted by Ben Stevens

Debenhams is the latest big retailer to report a bumper Christmas period, as a huge swell in beauty and gift items uplifted its figures. A rise in non-clothing sales which accounted for 57 per cent of overall sales, aided an overall like-for-like sales growth of 3.5 per cent i...


ASOS expects to see sales surge of 30%

Thursday 12 January 2017 - Posted by Ben Stevens

Online fashion giant ASOS has raised its financial predictions by nearly a third as international sales skyrocket to £362 million due to the weak pound. In the four months to December 31, the online retailer’s international sales figures shot up by a vast 52 per cent. They now...


House of Fraser welcomes "record sales figures"

Wednesday 11 January 2017 - Posted by Ben Stevens

House of Fraser's Christmas trading update has revealed record sales amid a troubled quarter. In the six weeks to December 31 the department store chain posted a 2.7 per cent rise in like-for-like sales alongside a gross margin growth of one per cent. According to the retailer...