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Levi Strauss UK sales rise as it targets more women and cool, young consumers

September 10, 2024 No Comments Business , , , , , , , ,

Published September 10, 2024 Levi Strauss has filed its UK-specific accounts with the year to the end of last November seeing higher sales and pre-tax profits. Turnover rose to £89 million from £77.7 million and pre-tax profit jumped to £7.7 million from £4.3 million. Levi’s But the accounts filed at Companies House showed it wasn’t [...]read moreLevi Strauss UK sales rise as it targets more women and cool, young consumers

Primark sales rise continues but new stores are key as comp sales slow

September 5, 2024 No Comments Business , , , , , , ,

Primark owner Associated British Foods delivered a trading update for its full business on Thursday and said revenue at its retail division is expected to be up around 4% in H2. The second half ends on 14 September. The numbers have been driven by a strong sales contribution from new locations, but comparable — or [...]read morePrimark sales rise continues but new stores are key as comp sales slow

Harrods sales rise despite tourist shopping handicap

September 3, 2024 No Comments Business , , , , ,

Turnover at luxury London department store Harrods hit nearly £900 million last year as international shoppers returned, despite the continued frustration of the non-availability of VAT-free shopping for such tourists. Harrods The firm’s accounts filing at Companies House showed revenues were up 8% in the 53 weeks to 3 February this year, hitting £898.4 million. [...]read moreHarrods sales rise despite tourist shopping handicap

Victoria Beckham sales rise, losses narrow as both fashion and beauty strengthen

August 28, 2024 No Comments Business , , , , , , , ,

Victoria Beckham Ltd, the fashion and beauty business founded by the pop star-turned-entrepreneur, has released its 2023 results and highlighted rising sales and reduced losses with the company very close to operating profitability. See catwalkVictoria Beckham – Spring-Summer2024 – Womenswear – Paris – © Launchmetrics The business, which is managed in collaboration with investment partner [...]read moreVictoria Beckham sales rise, losses narrow as both fashion and beauty strengthen

Fred Perry revenue, profits rise as iconic shirt sells strongly

August 27, 2024 No Comments Business , , , , , , , ,

Fred Perry (Holdings) has filed its accounts for last year and said that despite the challenges in the market, both sales and profits rose.  Curry & Paxton x Fred Perry The company owns and manages the Fred Perry, Lavenham, and George Cox brands as well as operating retail stores in the UK and selected international [...]read moreFred Perry revenue, profits rise as iconic shirt sells strongly

UK retail sales rise after discounts and Euros lift spending

August 16, 2024 No Comments Business , , , , , ,

By Bloomberg Published Aug 16, 2024 UK retail sales bounced back in July after summer discounts and the Euros football competition unleashed spending at department stores and sports shops. Photo: Pexels The volume of goods sold in stores and online rose 0.5% in July after a revised drop of 0.9% the month before, the Office [...]read moreUK retail sales rise after discounts and Euros lift spending

Douglas bets on European premium beauty market as earnings rise

August 14, 2024 No Comments Business , , , , , , ,

By Reuters Published Aug 14, 2024 German perfume and cosmetics retailer Douglas is betting on the European premium beauty market to keep driving growth, it said on 14 August after reporting higher earnings for its fiscal third quarter. Photo: Shutterstock “Our continued growth clearly confirms that our strategic focus on premium beauty strongly resonates with [...]read moreDouglas bets on European premium beauty market as earnings rise

China’s consumer prices rise faster than expected in July

August 9, 2024 No Comments Beauty , , , , , ,

By Bloomberg Published Aug 9, 2024 China’s consumer prices rose more than expected, offering hope of a recovery in domestic demand that has weighed on growth this year.  Photo: Pixabay The consumer price index increased 0.5% from a year earlier, the National Bureau of Statistics said Friday. That’s the biggest gain since February. It compares [...]read moreChina’s consumer prices rise faster than expected in July

Coats Group continues revival as restocking levels rise

August 1, 2024 No Comments Business , , , , , ,

International threads and footwear components producer Coats Group said Thursday (1 August) it continues to outperform the industry releasing a strong set of results for the six months ended 30 June. Coats Group That meant further market share gains across both apparel and footwear. Reported revenues for the period rose 7% (up 8% at constant [...]read moreCoats Group continues revival as restocking levels rise

Trafford Centre revenue rise comes with pre-tax profit fall

July 31, 2024 No Comments Business , , , , , ,

Mall operator Trafford Centre Group has filed its accounts for 2023 with revenue surging to almost £100 million but profit plunging.  The Trafford Centre The company operates the landmark Trafford Centre in Manchester and its revenue rose from £88.4 million in 2022 to £94.6 million last year. And net rental income rose from £62.9 million [...]read moreTrafford Centre revenue rise comes with pre-tax profit fall