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trading update
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Reiss records positive Christmas trading update

Monday 16 January 2017 - Posted by Elias Jahshan

Reiss sparkled through the Christmas trading period, posting a 19.7 per cent year-on-year uptick in the six weeks to January 7. The upmarket fashion chain attributed its positive figures to growth in its UK like-for-likes, ecommerce and international expansion. While UK sales ...

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Hobbs enjoys 14.3 per cent spike in quarterly sales

Monday 16 January 2017 - Posted by Elias Jahshan

International and online growth helped drive Hobbs’s positive growth over the Christmas trading quarter, where the womenswear retailer recorded a 14.3 per cent year-on-year spike in total sales. The retailer added that like-for-like sales grew by 3.9 per cent for the 13 week p...

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Shop Direct enjoys 5th consecutive year of growth from Christmas

Monday 16 January 2017 - Posted by Elias Jahshan

Fashion sales at Very.co.uk has helped parent company Shop Direct to record positive growth during its Christmas trading season for the fifth year in a row. In the seven weeks to December 23, Shop Direct had a sales uptick of nine per cent year-on-year, while sales at Very.co....

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The top news stories of the week

Friday 13 January 2017 - Posted by Elias Jahshan

The top 5 most popular stories on retailgazette.co.uk #1 Tesco to axe 1000 jobs Ttesco has announced plans to axe 1000 jobs as the grocer embarks on a major overhaul of its distribution network. The UK’s largest supermarket will close two of its distribution centres in Welham ...

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Uniqlo profits soar in first quarter

Friday 13 January 2017 - Posted by Elias Jahshan

The Japanese parent company of Uniqlo has recorded a surge in profits in its first quarterly update. Fast Retailing said its operating profit in the quarter to November last year went up by 16.7 per cent to 88.5 billion Japanese yen (£6.35 million), while profit before taxes i...

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Dunelm welcomes sales growth despite flat like-for-likes

Thursday 12 January 2017 - Posted by Elias Jahshan

Increased demand for home delivery orders and festive goods helped Dunelm record positive sales in its second quarterly update, which factors in the Christmas trading period. The homewares retailer raked in a total of £261.9 million in sales in the 13 weeks to December 31, a 6...

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Maplin toasts to successful Christmas trading period

Thursday 12 January 2017 - Posted by Elias Jahshan

Maplin achieved one of its strongest Christmas trading periods, with like-for-like sales up 4.4 per cent in the six weeks to December 24. Online sales rose by 29.3 per cent when compared to the previous period, with the technology and electricals retailer attributes to signifi...

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Mothercare recovers locally despite mixed results abroad

Thursday 12 January 2017 - Posted by Elias Jahshan

Mothercare has recorded growth in domestic sales over Christmas but its international trading returned “mixed” results. The maternity and babycare retailer reported a one per cent uptick in like-for-like sales in the UK over the 13 weeks to January 7, boosted by 5.5 per cent o...

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Superdry parent company enjoys bumper growth in first half and Christmas

Thursday 12 January 2017 - Posted by Elias Jahshan

The parent company of fashion retailer Superdry is celebrating not just because of growth in sales and profits in its first half, but also because of a bumper festive trading season. SuperGroup recorded a 20.6 per cent spike in retail revenues to £162.1 million and 14.9 per ce...

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John Lewis Partnership's Christmas trading boosts sales by almost 5%

Thursday 12 January 2017 - Posted by Elias Jahshan

The John Lewis Partnership traded strongly over Christmas with sales up by almost five per cent and both its Waitrose and John Lewis chains grew market share. In the six week period to December 31, total sales across the John Lewis Partnership were up 4.9 per cent year-on-year...