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Christmas trading

M&S in talks with Next veteran Christos Angelides over senior role

Tuesday 14 February 2017 - Posted by Ben Stevens

M &S has reportedly held talks with the former Next product director Christos Angelides around the possibility of having him lead its latest turnaround effort. According to Sky News, M&S is considering Angelides, who is largely credited with the huge success of Next, as new le...


Gap posts return to sales growth amid rumours of UK downsizing

Tuesday 07 February 2017 - Posted by Elias Jahshan

High street retailer Gap has posted a return to sales growth thanks to a positive Christmas trading season, but reports have emerged that some UK-based merchandising team members could lose their jobs. Net sales for the four week period ended January 28 increased two per cent ...


MatchesFashion breaks sales records over Christmas

Wednesday 01 February 2017 - Posted by Elias Jahshan

Sales at MatchesFashion skyrocketed by 82 per cent year-on-year during the Christmas trading season, thanks to a massive increase in both online sales and new customer numbers. In fact, the retailer made a record £94,000 single transaction via its app and at its busiest during...


Joules posts double digit growth in all sectors

Tuesday 31 January 2017 - Posted by Ben Stevens

Joules has recorded double-digit growth in sales, profits and customer numbers in its half-year report. In the six months to November 27, 2016, the fashion retailer posted a 16.2 per cent increase in revenues to £81.4 million, and pre-tax profits rose by nearly a fifth to £7.5...


Card Factory posts solid Christmas results as CFO steps down

Thursday 26 January 2017 - Posted by Elias Jahshan

Card Factory has recorded solid growth in the Christmas trading period, driven by a combination of like-for-like sales growth and new store roll out. Accompanying the stationery retailer’s trading update today was the announcement that its chief financial officer Darren Bryant...


WH Smith boosts profit forecast after Christmas success

Wednesday 25 January 2017 - Posted by Ben Stevens

WH Smith has boosted its forecast for full year profits after a Christmas sales uptick in its travel arm. Sales at the retailer's travel arm, which includes shops in service stations and airports, rose by five per cent in the 21 weeks to January 21. This rise was tarnished by ...


Store & online expansion drives sales growth

Monday 23 January 2017 - Posted by Elias Jahshan recorded a 28 per cent rise in sales in its latest trading update, driven by new store openings in London and online expansion in Europe. The British furniture retailer said new customers to its Islington and Bankside stores in London accounted for 73 per cent of bed ...


Jack Wills ends 2016 on a positive note after challenging few years

Monday 23 January 2017 - Posted by Elias Jahshan

Jack Wills ended a challenging 2016 with a rise in sales and profit margins thanks to cutting back on discounts during the Christmas trading period. According to The Times, the preppy fashion retailer had a one per cent up tick in like-for-like sales during December, while its...


Ann Summers' stellar festive season boosted by online sales

Friday 20 January 2017 - Posted by Elias Jahshan

Sales at Ann Summers surged across the board during its Christmas period, boosted by a celebrity campaign and online. Total sales for the lingerie and sex toys chain went up by 17.2 per cent, while online sales alone rocketed by 54 per cent. Meanwhile, across Ann Summers’ in-s...


West End toasts a fruitful festive season

Friday 20 January 2017 - Posted by Elias Jahshan

London’s world-famous West End precinct enjoyed a successful festive season thanks to boosts to international tourist spend, retail sales and footfall. The Heart of London Business Alliance said international tourist spend throughout December surged by 25 per cent year-on-year...