Tesco Archives

Tesco trading update shows clothing remains strong

Tesco issued a trading update on Friday and frustratingly, it included only 11 words about non-foods and fashion, despite clothing being a key driver during the period covered. Tesco F&F For the 13 weeks to 25 May (the retailer’s first quarter), it talked of “non-food sales up +0.7%, driven by strong growth in clothing”. We [...]read more

Tesco powers ahead, says womenswear was strong in latest year

April 10, 2024 mpsingh No Comments Business ahead, latest, powers, strong, Tesco, womenswear, Year

Tesco had some good news when it released its preliminary results on Wednesday with the UK’s largest supermarket operator saying that clothing growth beat the wider market and womenswear was particularly strong. Tesco F&F The company said total sales for the group rose 7.4% to £61.4 billion and adjusted operating profit was up 12.8% at [...]read moreTesco powers ahead, says womenswear was strong in latest year