Shoezone Reports Stronger Trading Results, Increases Profit Guidance
Shoe Zone reports "stronger than expected" trading results since June 29th, with adjusted profit before tax for FY 2022...
supply chain
Asos Postpones Autumn Orders Amid Consumer Spending Concerns
In response to concerns about the cost-of-living crisis affecting consumer spending on new clothes, online retailer Asos has delayed...
Amazon Reports First Loss Since 2015 Amid Inflationary Pressures
Amazon shares plummet 10% after reporting a $3.8 billion net loss in Q1 due to inflation and supply chain...
Sainsbury’s Profits Hit by External Factors and Supply Chain Issues
Sainsbury's warns of lower profits due to external pressures impacting consumer incomes; expects underlying profit between £630m-£690m for 2022/23....
H&M Sales Slow Amidst Ukraine Conflict and Pandemic Challenges
H&M's net sales growth slowed to 6% in March due to the Russian invasion of Ukraine, affecting 185 stores...
Boohoo Projects £125m Profits Amidst Sales Growth and Challenges
Boohoo group plc predicts adjusted EBITDA of £125 million for the year ending February 2022, matching previous guidance and...
IKEA Halts Operations in Russia and Belarus Amid Ukraine Conflict
Ikea's Inter Ikea Group and Ingka Group have decided to temporarily pause all operations in Russia due to the...
Asos Partners with Anti-Slavery International to Combat Modern Slavery in Fashion Industry
In a groundbreaking move, Asos has signed a three-year partnership with Anti-Slavery International to support their Fashion with Integrity...
Sainsbury’s Appoints Chief Transformation Officer to Drive Growth and Innovation
Sainsbury's has appointed Graham Biggart as its new chief transformation officer, set to join the operating board in March...
Retail Sales Surge Amidst Ongoing Challenges for FTSE Retailers
In a post-lockdown economy, FTSE Retailers saw a sales rebound, with non-food sales in December 2021 up 2.2% compared...