Consumer appliances retailer Marks Electrical (LON: MRK) has gone through tough trading times, but it appears to have stabilised and be ready to resume growth. After a poor third quarter, there has been recovery in trading that has continued into the new financial year. A full year trading statement shows revenues growing by nearly 3% […]

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Luxury clothing brand Burberry Group (LON: BRBY) is the best performing FTSE 250 index constituent today, despite a decline in revenues in the 13 weeks to 28 December. The share price increased 13.7% to £12.175. Third quarter revenues declined from £706m to £659m. Americas revenues were 4% higher, but Asia Pacific revenues were 9% lower, […]

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Co-chief executive Katie Bickerstaff is retiring after the Marks & Spencer (LON: MKS) AGM on 10 July and this could spark a change in the management structure of the retailer. The share price has risen strongly in the two years she has held the role. Is there potential for it to go higher? Stuart Machin […]

The post Will Marks & Spencer management change hamper profit recovery? appeared first on UK Investor Magazine.

Electricals retailer Currys (LON: CURY) is selling is Kotsovolos business and this will move the company into net cash. The share price improved 4.24% to 47.93p, but it is still not much higher than its recent 10-year low. Liberum estimates a sum of the parts valuation of £1.19bn, compared with a market capitalisation of £543m. […]

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International retailer Mothercare reported a decline in full year pre-tax profit, but there are some positive signs. Yet the share price is not much higher than the level it was at the height of the Covid-related stockmarket slump in March 2020. The AIM-quoted share price did jump 10.8% to 4.6p on the results announcement, though. […]

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Revolution Beauty (LON: REVB) has appointed Lauren Brinley as chief executive. The beauty and cosmetics products supplier also published its 2022-23 accounts, which means that trading in the AIM-quoted shares will not have to be suspended tomorrow. Even so, the share price slumped 15.5% to 28.95p. Lauren Brindley was until recently head of American retailer […]

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Shore Capital has upgraded its profit forecast for Marks & Spencer (LON: MKS) by 6%. This reflects the view of the broker concerning progress despite the poor weather in July and a further possible interest rate rise. The high street retailer has fallen out of the FTSE 100 index but could return in the near […]

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Mixed results and stopping the dividend pushed the Currys (LON: CURY) share price to new lows last week. The consumer appliances retailer is performing poorly outside of the UK and trading could get tougher. Currys Chair Ian Dyson acquired 150,000 shares at 47.56p each and finance chief Bruce Marsh bought 65,000 shares at 46.694p each. […]

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AO World (LON:AO.) and retailer Frasers Group (LON: FRAS) have entered a strategic partnership with Frasers taking a 18.9% stake in the online domestic appliances retailer. The two companies have been talking for two years. The shares are being acquired at 68p each and the total investment is £75m. The AO World share price has […]

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Fashion brand and retailer Superdry (LON: SDRY) is raising £12m at 76.3p a share and individual investors have a chance to get involved via a REX retail offer. The share price ended the day at 84.6p, down 1.4p. The fundraising became a possibility after the trading statement on 14 April. Trading has been difficult, and […]

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Marks Electrical (LON: MRK) continues to outperform its electrical retail rivals and is taking market share. The share price has been on an upward trajectory since last October. Revenues in the third quarter to December 2022 were one-third ahead at £29.8m and margins are improving. More customers are taking advantage of the installation service offered […]

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Online electricals retailer Marks Electrical (LON: MRK) is still gaining market share with a 15% increase in sales during the first half of the financial year. That rate of growth accelerated in the last couple of months of the period. Sales are growing in the domestic appliances and consumer electronics markets thanks to its positive […]

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Dunelm shares rose 2.7% to 743p in late morning trading on Wednesday, after the firm announced a total sales rise to £1.5 billion in FY 2022 against £1.3 billion in the previous year. Meanwhile, the group noted digital total sales of 35% from 46% year-on-year. Dunelm reported a record pre-tax profit of £209 million compared […]

The post Dunelm increases market share as cost of living crisis eliminates competition appeared first on UK Investor Magazine.

Ocado shares tumbled 11.8% to 700.6p in early morning trading on Tuesday, after the online retailer highlighted a 6% fall in the average customer basket to £116 in its pre-close trading update for FY 2022. The company noted customer orders had risen, with a 23% active customer growth to 946,00 year-on-year and a 10.7% average […]

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ASOS shares gained 1.6% to 689.5p in early morning trading on Friday, after the fashion group reported trading in line with management expectations in its pre-close trading update. However, the business confirmed weaker than expected sales in August following strong growth across June and July due to the cost of living crisis and inflationary concerns. […]

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Associated British Foods shares sank 8.3% to 1,337.5p in early morning trading on Thursday following a lower adjusted operating profit and adjusted EPS guidance for FY 2023, linked to the cost of living crisis. The firm also highlighted the effects of macroeconomic uncertainty on its Primark business in FY 2023, with the strengthened US dollar […]

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WH Smith shares slid 2.8% to 1,436.6p in early morning trading on Wednesday, after the franchise reported strong FY 2022 travel sector performance, alongside a HY2 impact to its high street business following disruptions to its funkypigeon.com greeting card segment. WH Smith confirmed its FY 2022 trading was in line with management expectations, with HY1 […]

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Next shares have fallen 28.6% year-to-date to 5,814p, which might prompt investors to ask if now is a good time to buy the dip on the FTSE 100 stock. Next is a consumer-focused group, placing the blue chip retail company squarely in the line of fire as UK customers trim the fat (and the fashion) […]

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Grafton shares fell 2.3% to 707.2p in early morning trading on Thursday after the firm reported a 4.4% adjusted operating profit drop to £151.1 million in HY1 2022 compared to £158 million in the previous year. The company announced a revenue growth of 12.2% to £1.1 billion against £1 billion and a 7% slide in […]

The post Grafton profits fall on weaker post-Covid demand and cost of living crisis appeared first on UK Investor Magazine.

K3 Business Technology Group shares dropped 4.4% to 127.5p in early morning trading on Wednesday following a slide in revenue to £19.9 million in HY1 2022 against £20.9 million the year before. K3 Business Technology confirmed a loss for the financial period of £2.7 million from a profit of £5 million in the previous year. […]

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Joules shares crashed spectacularly in Friday trading, tumbling a painful 37.2% to 27.5p as the fashion company fell victim to a range of factors, including poor demand linked to hot weather and the soaring cost of living. The group said it expected a “significant loss” in HY1 2022, alongside a FY 2022 profit “significantly below” […]

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Retail sales fell 1.2% across the three months to July as the cost of living crisis continued to bite across the UK. Sales rose 0.3% in July after a 0.2% drop in June, with levels 2.3% above pre-Covid volumes but down over the last year overall, according to the Office of National Statistics (ONS). “People […]

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Joules shares tumbled 35.1% to 28.5p in early morning trading on Friday after the fashion group announced notably softened trading, with a “significant loss” expected in HY1 2022. Warm weather impacted the retailer’s core categories, including demand for outerwear, rainwear, knitwear and wellies, alongside the loss of customer demand linked to the cost of living […]

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Next shares rose 2.3% to 6,906p in early morning trading after the FTSE 100 fashion group announced a Q2 full price sales climb of 5% as warm weather and social events sparked a resurgence in its formal wear business. Next suspected its strong sales were also linked to the closure of several competing brands over […]

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The FTSE 100 closed 0.2% higher on Friday trading after a 0.1% retail sales fall in June cast a gloomy outlook on consumer-focused groups, while oil and commodities stocks rebounded on higher prices at the week’s close. “The FTSE 100 eked out some gains on Friday to provide hope it may finish in positive territory […]

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Retail sales across the UK fell 0.1% in June, according to the latest figures from the Office of National Statistics (ONS). The organisation also downgraded its retail figures in May to a 0.8% drop from its initial estimate of 0.5%. “The bottom lines is people are buying less. Big ticket items are being put on […]

The post Retail sales fall 0.1% in June as fuel and clothing sales decline appeared first on UK Investor Magazine.

Dunelm Group shares gained 5.3% to 870.5p in early afternoon trading on Thursday after the company reported a 16% year-on-year increase in total sales to £1.5 billion in FY 2022. The homewares retailer said digital sales made up 35% of total sales, representing an 11% slide against last year due to Covid-19 restrictions easing and […]

The post Dunelm Group warns on cost of living, appoints Whitbread CEO as non-executive director appeared first on UK Investor Magazine.

Frasers Group shares surged 20.6% to 904.5p in late morning trading on Thursday after the group announced a revenue climb of 30.9% to £4.7 billion in FY 2022 against £3.6 billion in FY 2021 in its FY trading update. Frasers Group highlighted a UK sports retail revenue growth of 31.2% to £2.5 billion compared to […]

The post Frasers Group shares surge on £4.7bn revenue as company swings back to profit appeared first on UK Investor Magazine.

In The Style Group shares tumbled 34.9% to 48.5p in late afternoon trading on Tuesday after the fashion group announced an 85% drop in adjusted EBITDA to £551,000 in FY 2022 against £3.7 million in FY 2021. The retailer swung to a pre-tax loss of £1.5 million from a pre-tax profit of £100,000 in the […]

The post In The Style Group shares tumble on 85% EBITDA drop, £1.5m pre-tax loss appeared first on UK Investor Magazine.

Burberry shares fell 5.6% to 1,555p in early morning trading on Friday after the fashion company announced its Q1 2023 sales suffered from the impact of lockdowns in Mainland China in its latest trading update. The retailer reported a 1% increase in store sales compared to a 90% rise in Q1 2022, with the lockdowns […]

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Dr Martens shares were up 0.1% to 240.8p in late afternoon trading after the footwear company reported its trading was in line with market expectations. The firm announced in its Q1 2023 trading update that Ecommerce was in line with Q4 2022, with a continued recovery in retail. Dr Martens mentioned an increase over 85% […]

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Sosandar shares were up 4% to 19.2p in late afternoon trading on Tuesday after the firm’s FY 2022 results exceeded market expectations, including a revenue spike of 142% to £29.5 million against £12.2 million the last year. The fashion group mentioned an EBITDA improvement to a loss of £200,000 compared to a loss of £2.9 […]

The post Sosandar narrows loss as revenue spikes 148% on order growth appeared first on UK Investor Magazine.

Grafton Group shares were down 3.9% to 733.9p in early morning trading on Tuesday after the company announced a 13.9% climb in total revenue at constant currency in HY1 2022. Grafton Group confirmed a reported 12.1% rise in revenue to £1.1 billion in the term against £1 billion year-on-year, excluding the traditional merchanting business in […]

The post Grafton Group revenue climbs in HY1 on acquisitions pipeline appeared first on UK Investor Magazine.

JD Sports Fashion shares rose 2.4% to 125.3p in late morning trading on Friday after the retailer announced its appointment of Andy Higginson as group chair. Higginson is set to take up the position from 11 July 2022, following an extensive search by the board with the support of an external search company. The move […]

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Better than expected results from telecoms and electrical goods retailer Currys (LON: CURY) perked up the share price, but management is cautious about the trading outlook and a profit fall is anticipated.   Underlying pre-tax profit of £155m was expected, but the outcome was £186m, although this was partly down to one-off factors, including a […]

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Ocado shares were down 4.6% to 763.8p after the group confirmed its extended partnership with French retailer Groupe Casino. The extension is consistent with the terms of the Memorandum of Understanding announced by the firm on 17 February 2022. Ocado highlighted the extension included the creation of a joint venture to provide logistics services to […]

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JD Sports Fashion shares rose 4.3% to 111.4p in late morning trading on Wednesday, following an increase in revenue to £8.5 billion in FY 2022 against £6.1 billion in FY 2021. The retailer announced an operating profit climb to £721.2 million compared to £385 million, along with a pre-tax profit growth to £654.7 million from […]

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Ocado shares fell 4.7% to 835.6p in late morning trading on Tuesday after the online retailer raised £578 million from placing 72.3 million shares at a 9% discount of 795p to Monday’s closing traded price of 877.6p in a move to fund its technology business. The company invited investors to subscribe to the fundraise through […]

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The FTSE 100 was 1% higher in Monday trade as the market recovered from last week’s selloff after Bank of England and US Federal Reserve decisions to hike rates. “Following last week’s brutal session for stocks globally, a 0.2% rise in the FTSE 100 is a good enough reason to be more optimistic about the […]

The post FTSE 100 rebounds as bargain-hunters pick up cyclical stocks appeared first on UK Investor Magazine.

Tesco shares slid 0.4% to 248.6p in early morning trading on Friday after the supermarket announced a 1.5% fall in like-for-like UK sales for Q1 2022-2023 in its latest trading update. The Big 4 grocer further mention that sales in the Republic of Ireland dropped 2.4% to £612 million year-on-year. Tesco reported an overall group […]

The post Tesco fights to stay ahead of Aldi as UK sales fall 1.5% year-on-year appeared first on UK Investor Magazine.

Dr Martens shares soared 26% to 272.3p in early morning trading on Wednesday, following a 22% climb in revenue to £908.3 million in FY 2022 compared to £773 million in FY 2021. The company highlighted strong performance in the Americans and Europe, Africa and Middle-East (EMEA) as its core revenue drivers, with reported revenues increasing […]

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B&M shares fell 6.9% to 427p in early morning trading on Tuesday, after the discount retailer announced a slate of declining results across the board, with a 2.7% drop in total group revenues to £4.6 billion in FY 20222 from £4.8 billion in FY 2021. B&M pointed out its 9% decline in like-for-like sales as […]

The post B&M revenues drop to £4.6bn, LFL sales fall 9% appeared first on UK Investor Magazine.

Marks and Spencer’s shares were up 1.7% in early morning trading on Wednesday, after the company announced a revenue growth to £10.8 billion in its FY 2022 results against £9.1 billion in FY 2021. The retailer reported a rise in operating profit before adjusting items to £709 million compared to £222.2 million year-on-year, alongside a […]

The post M&S swings back to profit, warns inflation to impact revenues in FY 2023 appeared first on UK Investor Magazine.

Next shares were up 0.7% to 6,132p in early morning trading on Thursday following the fashion group’s Q1 2022 trading update, which reported a giant leap of 285% in retail growth. Next announced a 21.3% increase in total product full price sales, in line with the company’s guidance for the period, and an 11% decrease […]

The post Next announces 285% surge in retail growth, online sales fall appeared first on UK Investor Magazine.

Electra Private Equity has sold all but one of its core investments, changed its name to Unbound Group and moved to AIM. It is left with a retail business that is focused on the over 55 years old age group. Hotter Shoes, which was founded in 1959, is a direct to consumer footwear retailer and […]

The post Main to AIM: Unbound from Electra investments appeared first on UK Investor Magazine.

Food store sales remain higher than their pre-pandemic level Retail sales are down by 1.4% between April and May as UK consumers spent their money at restaurants and bars over supermarkets. The Office for National Statistics (ONS) revealed that sales were down especially at food shops as people made the most of the easing of […]

The post Retail sales down in May as Brits head to bars and restaurants appeared first on UK Investor Magazine.

The rise has surpassed economists’ expectations Retail sales continued moving up in March with a rise of 5.4% as Covid restrictions are increasingly being eased. The rise surpassed economists’ expectations of a monthly increase of 1.5%, according to data released by the ONS on Friday. Sales were 1.6% higher than in February, before the pandemic […]

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Pubs, cafes and restaurants in England also able open for customers seated outdoors Shoppers have rushed back to high streets across the country as a range of non-essential retail outlets have reopened their doors for the first time in over three months. According to analysts at Springboard, the number of people out by 10am had […]

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Total supermarket sales were down by 2.9% from the year before Clothing sales at supermarkets surged in March as shoppers took advantage of the opportunity to buy garments in-person while other non-essential outlets remained closed. The figures come as a signal of pent up demand as shops get ready to reopen across the UK. In […]

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Retail sales rose by 2.1% in February The retail sector was handed a boost in February as people spent money on garden furniture and improving their homes ahead of the return of outdoor socialising. Retail sales rose by 2.1% last month while the rest of the sector continued to struggle as non-essential stores remained shut. […]

The post Retail sales ‘partly recover’ thanks to garden furniture sales appeared first on UK Investor Magazine.

Online fashion retailer ASOS (LON:ASC) has thrown its hat in the ring for the purchase of brands owned by Arcadia. It does not want the high street shops, though. ASOS is keen on the TopShop and associated TopMan brands. Miss Selfridge could also be included in the package. There are rival bidders and there is […]

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Retailer N Brown (LON: BWNG) traded slightly better than expected in the third quarter with strong gift and home sales. Costs savings, including lower marketing spend, have partly offset lower profit contribution due to a reduction in revenues. Even so, investors still need to be persuaded that the recovery will accelerate. N Brown has an […]

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Consumer spending declined 2.3% year-on-year in December – the largest decline since June 2020 – as tightened coronavirus restrictions resumed their chokehold on UK retailers and hospitality. Figures collated from a report by Barclaycard revealed that the hospitality sector was particularly hard hit, with spending at bars and pubs down by 71.4% and restaurants by […]

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Christmas retail trading statements have started to come thick and fast both from large retailers, such as Marks & Spencer (LON: MKS), and smaller retailers including AIM-quoted Joules (LON: JOUL). There are still plenty of significant trading statements to come from AIM-quoted retailers, particularly the online-focused ones. Fashion retailer Joules has shown that its online […]

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Arcadia could be taking out a £30m loan to deal with the impact of the second lockdown. According to Sky News, the retail empire which owns brands including Topshop and Dorothy Perkins, has been hit hard by the pandemic and could be on the brink of administration. A spokesperson told the Sunday Times it was […]

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Primark owner Associated British Foods (LON: ABF) has posted a 60% drop in profits to £362m. The retailer saw a 24% fall in revenue in the year ended September 12, which was driven by store closures in the third quarter during the lockdown. Since reopening sales have recovered but are still down 12% in the […]

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With lockdown restrictions seemingly implemented and changed every few weeks, high street businesses have been at the receiving end of the COVID pandemic, and this situation is unlikely to change any time soon, as shoppers look to embrace online shopping during Black Friday sales. According to new research published by money.co.uk, 77% of UK adults […]

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As reported by the BBC and many other major outlets, UK retail sales increased for the fifth consecutive month in September, with sales volumes rising by 1.5% mon-on-month, according to the ONS. While fuel sales remained down, the growth was led by higher-than-average consumer spend on groceries, DIY goods and garden supplies. According to the […]

The post Did retail sales really bounce back in September? appeared first on UK Investor Magazine.

Sosander shares (LON: SOS) rose almost 6% on Wednesday’s opening as the group released a positive half-year trading update. In the six-months ending 30 September 2020, the fashion retailer posted a 52% increase in revenue and sales momentum also gained strength. “The revenue growth in the half represents a strong performance in a challenging trading […]

The post Sosander shares rise as revenue surges 52% appeared first on UK Investor Magazine.

Luxembourg-based general goods store B&M European Value Retail S.A. (LON:BME) saw its shares rally on Tuesday as it published results from its impressive first-half period. The company boasted 25.3% revenue growth, led by 29.5% revenue growth in its UK stores and like-for-like growth of 23.0%. The company attributed this to elevated average spend per visit, […]

The post B&M European shares rally 5% as shopper spending sees revenues up 25% appeared first on UK Investor Magazine.

Premium fashion brand Joules (LON: JOUL) is increasing online sales and high street sales are recovering. The Christmas season will be key for the performance this year. In the first 13 weeks of the new financial year, revenues fell 18% to £39.6m which is better than expected. All stores were reopened by August. Combined with […]

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British clothing retailer Next plc (LON: NXT) has agreed to a 51% stake in US-owned lingerie firm Victoria’s Secret (NYSE: LB) after its UK arm fell into administration in June. The move is expected to save some 500 jobs across the country, after the coronavirus pandemic forced all of its 25 stores nationwide to shut […]

The post Next to buy major stake in Victoria’s Secret UK appeared first on UK Investor Magazine.

In an attempt to keep Amazon at bay from taking more of the UK grocery market, Tesco has announced plans to scrap delivery fees to members of its Clubcard Plus loyalty scheme. Although the supermarket normally charges customers a standard £4.50 for a delivery slot, the group hopes to introduce free delivery for premium members. […]

The post Will Amazon overtake Tesco in the UK grocery market? appeared first on UK Investor Magazine.

Fashion brand Joules (LON: JOUL) fell into loss last year and it should bounce back this year. The improvement is being enhanced by continued ecommerce sales growth even though stores have reopened. In the first nine weeks of this financial year, ecommerce sales are 70% higher. The Joules brand was twelfth out of 278 consumer […]

The post Joules maintains pace of recovery appeared first on UK Investor Magazine.

Shares at Anglo-Dutch conglomerate Unilever (LON:ULVR) have surged more than 8% on Thursday after the company reported better than expected figures as part of its H1 2020 results. The consumer goods giant – which owns a number of household names, including Dove, Ben & Jerry’s and PG Tips – recorded a €25.7 billion turnover in […]

The post Unilever share price surges 8% as Q2 sales better than expected appeared first on UK Investor Magazine.

After Boohoo promised to improve factory conditions, shares in the retailer rebounded over 27%. The company said on Wednesday that they plan to invest £10m into improving the factories in Leicester, where almost half of their clothes are made. Since the news of the poor working conditions of the factories broke, including suggestions from an […]

The post Boohoo: Shares recover but will it survive the wider backlash? appeared first on UK Investor Magazine.

Swedish fashion tycoon Hennes & Mauritz AB (STO:HM-B) – popularly known as H&M – has announced its plans to permanently close 170 stores across Europe, knocking its share price down 1.40%. The move is said to be a response to plummeting sales during the coronavirus crisis, which caused the retail sector to grind to a […]

The post H&M share price slips amid plans to axe 170 stores appeared first on UK Investor Magazine.

There are signs of improvement for fashion brand Joules (LON: JOUL) and the recent fundraising has strengthened the balance sheet. Online sales have prospered. Even so, Joules lost up to £3m in the year to May 2020. Stock has been kept under control. A few months ago, the worry was obtaining stock from China, but […]

The post Online growth for Joules appeared first on UK Investor Magazine.

The UK government’s debt has exceeded the size of the economy for the first time since 1963, following a record £55.2 billion of government borrowing during May. In the last year, UK debt has risen to a total of £1.95 trillion – 100.09% of GDP – joining the likes of the USA and Japan in […]

The post UK debt exceeds GDP for first time since 1963 appeared first on UK Investor Magazine.

Shares in McColl’s Retail Group PLC (LON:MCLS) have crashed on Wednesday afternoon as the firm gave shareholders a disappointing update. The retail firm noted that it had swung to an annual loss, as revenues across stores had declined. Additionally, the firm added that store closures had lead to a suspension in final dividend. Within their […]

The post McColl’s shares crash 16% as firm swings to annual loss appeared first on UK Investor Magazine.

Laura Ashley (LON:ALY) have posted their interim results on Thursday, following a busy week for the firm. The British firm said that its performance slipped in the first half of its financial year – but has remained confident in its ability to meet expectations. The firm said: “There have been market challenges for our business […]

The post Laura Ashley unveil their interim results after hectic few days appeared first on UK Investor Magazine.

Laura Ashley Holdings plc (LON:ALY) have seen their shares bounce 45% on Wednesday afternoon. Shares in Laura Ashley trade at 2p (+45.45%). 19/2/20 14:03BST. The firm has seen a difficult period of trading over the last few months, and shares have been volatile. Questions were posed as to whether the firm could survive in an […]

The post Laura Ashley shares surge 45% as Wells Fargo approve lending appeared first on UK Investor Magazine.

Update 14:08BST: Sosandar have announced this afternoon that their share placing has been successful in raising the required funds for their advertising spend. Ali Hall and Julie Lavington, Co-CEOs, commented: “We are very pleased to have successfully raised £5 million through this placing, with both new and existing shareholders showing their support for the business […]

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The Centre for Retail Research (CRR) has published its findings that a total of 9,949 retail jobs were lost since the start of the year, predicting a further 1,200 could go as both Beales and Hawkin’s Bazaar collapse into administration. January is a notoriously tough month for retailers, facing caution from customers following the inevitable […]

The post Nearly 10,000 retail jobs lost since start of 2020 appeared first on UK Investor Magazine.

WH Smith PLC (LON:SMWH) have reported “good” performance in their trading update on Wednesday, however shares are still in red. Shares in WH Smith trade at 2,480p (-2.36%). 22/1/20 10:36BST. The high street reader said that revenue growth in the 20 weeks period ending January 18 was 7%, however like for like revenue fell by […]

The post WH Smith travel business drives revenue growth however shares stay in red appeared first on UK Investor Magazine.

Joules (LON:JOUL) have seen their shares surge on Tuesday despite giving shareholders a modest update. The firm reported a first half earnings fall with profit falling due to higher impairment costs and revenue slipping, whilst the gloomy British high street continues to struggle. In the 26 weeks to November 24, the firm saw revenues fall […]

The post Joules shares surge over 6% despite pretax profits slumping 9.3% year on year appeared first on UK Investor Magazine.

Retail sales fell suddenly by 0.6% in a monthly comparison according to ONS, representing a fourth consecutive month of decline. “All main sectors saw their sales fall with the exception of food stores,” ONS statistician Rhian Murphy said. The data group did note, though, that its stats didn’t include Black Friday sales, as it said […]

The post ONS posts deflated retail figures but exclude Black Friday sales appeared first on UK Investor Magazine.

Logistics and e-fulfilment services provider Clipper Logistics PLC (LON: CLG) posted good financial progress during the six month period ended 31 October 2019. The Group’s revenue rose 11.7% year-on-year to £254.6 million. This led a 13.5% jump in reported EBIT, up to £12.1 million, alongside a 9.5% growth in profit before tax, to £10.1 million. […]

The post Clipper books strong six months following European growth appeared first on UK Investor Magazine.

Last year was a good one for furnishings and homewares retailer Dunelm (LON: DNLM) and on Thursday it will reveal how well it has fared in the first quarter of this financial year. The signs were positive when the full year figures were published. Active customer numbers are growing both in the stores and online. […]

The post Dunelm set for further progress appeared first on UK Investor Magazine.

Clothing hire and retailer Moss Bros (LON: MOSB) is expected to make a small interim loss before the effects of any recent changes in accounting regulations. The strategy is to increase retail sales as hire revenues dip. Online revenues are expected to grow strongly, and online penetration could rise above 15% for the first time. […]

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Not many retailers are soaring ahead, but online fashion retailer boohoo (LON: BOO) has already foreshadowed sharp growth in the first half of the financial year to February 2020 ahead of its interims on Wednesday. Trading was so positive that boohoo decided that to make an unexpected trading statement on 5 September. Normally that means […]

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There has been plenty of positive trading news from furnishings and homewares retailer Dunelm (LON: DNLM) over the past year and the full year results on Wednesday could include news of a special dividend. Strong cash generation means that debt has been reduced significantly since the end of June 2018. Dunelm has said that net […]

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Majestic Wine (LON: WINE) has already flagged up its full year figures and much of its strategic review, but there could be more information when the annual results of the wine retailer are published on Thursday. It is already clear that that the eponymous Majestic Wine business will not be part of the group for […]

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Official share trading in watches and jewellery retailer Watches of Switzerland (LON: WOSG) commenced today and the share price ended the day at 300p – an 11% premium to the placing price of 270p. There were four days of conditional dealings prior to trading commencing on the premium list. The highest point reached in those […]

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Halfords (LON:HFD) has raised its dividend but it may not maintain this for long with profit set to dip further and cash generation limited by the high payment. The share price has more than halved in the past four years and one of the main attractions is the yield. The total dividend was raised from […]

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Online fashion retailer boohoo (LON: BOO) has been performing strongly and its full year figures are set to show significant growth. Former Primark chief operating officer John Lyttle will be presenting his first set of results as boohoo boss on Wednesday 24 April. Lyttle joined the online fashion retailer after the February year end so […]

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Broker Peel Hunt believes that third quarter figures from furnishings retailer Dunelm (LON:DNLM) could lead to upgrades. Dunelm is set to publish the third quarter statement on 10 April and there is positivity about the likely figures. First half store revenues grew 3.8% (like-for-like) and online was 35.8% ahead. However, despite the strong figures, there […]

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Changing accounting rules and regulations can hamper the understanding of company performance, making it more difficult to assess figures, especially if investors are not fully aware of what has happened. This is happening with the latest accounting changes relating to leases. The IFRS16 accounting standard has come into force and it will generally make debt […]

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Much to the delight of its owners Associated British Foods Plc (LON:ABF), Primark exceeded expectations for Christmas trading, despite what they described as a ‘challenging‘ run-up to the festive period. “The UK performed well and our share of the total clothing market increased significantly,” said ABF in a trading statement. “Sales were 1% ahead of […]

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British fashion retailer Ted Baker plc (LON:TED) have emulated their 2017 success over the Christmas period, and have seen their shares rally in trading today, despite admitting that the adverse conditions experienced in 2018 are set to continue. High street slowdown and a decline in wholesale turnover was compounded by controversy surrounding Founder and Chief […]

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Debenhams (LON:DEB) reported a 10 percent drop in profits on Thursday, as the department store saw a decrease in clothing sales. The UK’s second largest retailer reported a 7 percent slide in pre-tax profits to £105.8 million in the three months to September. However, underlying profit margins rose by 0.5 percent to £118.2 million. Additionally, […]

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