Laura Ashley like for likes down 7.6 per cent
May 28, 2008 8:51 amWeaker consumer spends coupled with the opening of new stores impacting existing stores hurt LFL sales In the first 17 weeks of the current financial year... View Article
General Merchandise News
Burberry profits rocket
May 28, 2008 8:41 amGroup delivers consistent double-digit underlying revenue growth by region, channel and product. In the year to March 2008 Burberry grew revenue by 18 per cent and... View Article
Baugur drops Moss Bross bid.
May 27, 2008 10:28 amChanges to shareholder base frustrates Baugur bid. Baugur said that it is not in the best interests of stakeholders to proceed with its offer for the... View Article
Ofcom research highlights identity fraud worry
May 21, 2008 12:40 pmConcerns about identity fraud and other people using personal details have risen by 15% in two years, Ofcom research has revealed Additionally, over two-thirds (69%) of... View Article
OFT warns Sports Direct International over ‘closing down’ promotions
May 21, 2008 8:29 amSports World International Ltd), Hargreaves (Sports) Ltd and Gilesports plc have agreed to provide undertakings not to mislead consumers over any future ‘closing down’ promotions. The... View Article
European Central Bank to stay firm on interest rates
May 20, 2008 11:20 amECB chief Jean-Claude Trichet warns off a “very significant” market correction. Trichet told the BBC in an interview that policymakers needed to make containing inflation their... View Article
JJB sales fall sharply
May 20, 2008 10:02 amJJB Sports sales have fallen sharply in the first quarter. Revenue in the 13 weeks to 27th April 2008 slipped by 8.3 per cent against last... View Article
ScS upholstery issues another profit warning
May 14, 2008 9:40 amSince the interim results on 26 March 2008, trading has remained challenging. Like for like sales order intake for the 8 weeks up to and including... View Article
Signet figures sparkle in the UK but held back by US
May 9, 2008 5:47 amH.Samuel and Ernest Jones outperforming the UK retail sector. Group like for like sales declined by 2.5 per cent in the first quarter. Total sales were... View Article
