Spar Group Reports 28% Profit Increase in H1
In a recent announcement, The Spar Group reported a 28% increase in its operating profit for the first half...
operating profit
Kurt Geiger Reports Pre-Pandemic Growth Amidst Challenging Retail Environment
Luxury footwear retailer Kurt Geiger reports pre-pandemic growth with a 3.7% increase in revenues to £347m and an operating...
Asda Paid £1.1bn Dividend to Walmart, Profits Down Amid Pandemic
Asda paid £1.15 billion to its former parent company Walmart in March despite pandemic-related profit drops, as revealed by...
Burberry’s H1 Revenue Down 31%, but Sales Recover in October
Burberry reports a return to growth in sales after a 31% revenue drop to £878m for the first half...
Watches of Switzerland Reports Revenue Growth Amid Pandemic Challenges
Watches of Switzerland reports a 5.9% increase in full-year revenue, reaching £819.3m, driven by luxury watches sales. Despite lockdowns...
Burberry Faces 27% Sales Decline Amid Pandemic Challenges
Luxury fashion retailer Burberry reports a 27% drop in sales due to the coronavirus pandemic, with a 57% decrease...
Primark Faces £284m Stock Hit Amid Pandemic Closures
Primark, owned by Associated British Foods (ABF), faces a £284 million loss due to store closures during the pandemic....
Coronavirus Outbreak Hits Adidas and Puma Sales in Asia
Adidas warns a potential €1bn drop in first-quarter sales due to coronavirus impact in Greater China, with additional losses...
Stella McCartney Reports £11m Loss, Partners with LVMH for Sustainable Fashion Growth
In a surprising turn of events, British fashion brand Stella McCartney reported an £11 million loss in pre-tax profit...
Dunelm Reports Strong Half-Year Profits Growth
Dunelm, a homeware retailer, reports a 19.4% increase in profits before tax at £83.6m for the half-year period ending...