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Urban Outfitters has posted a 5% rise in holiday sales compared to the same two month period last year. This was largely down to a double digit growth in its digital channel. For the 11 months ended December 31 2018, total company net sales rose 10% over the same period last year.  The...

PVH is predicting that its fourth-quarter and full year 2018 revenue will surpass its original expectations. It has said that the fourth quarter revenue should reach at least $2.40 billion and the full year 2018 revenue should be around $9.57 billion. Because of these expectations, the group has said that it will...

Debenhams posted a group like-for-like sales drop of 3.4% in the six weeks to 5th January. Despite a growth in online sales, UK sales dropped 3.6% following weak footfall in-store. The company is currently in ‘constructive’ talks with its leaders in a bid to refinance existing bank facilities within the next 12...

Tesco has reported strong trading, with like-for-like sales in the UK and Republic of Ireland rising by 2.6% over the Christmas period, and 1.9% in its third quarter. Tesco UK saw its twelfth consecutive quarter of growth with a 0.7% rise in like-for-like sales. The company also said that it managed to...

Marks and Spencer has seen a drop in sales over the Christmas period. Like-for–like sales dropped by 2.2% in the three months leading to the end of December. UK clothing sales dropped 4.8%, totalling 2.4% like-for-like.  UK food sales dropped 1.2%, or 2.1% like-for-like. Chief executive Steve Rowe remained positive, by saying: “Against the backdrop...

Paul Smith has posted an increase in both annual revenues and also pre-tax profits following investment into new stores and its e-commerce offering. The brand opened stores in Manchester and Berlin, as well as four stores in Hong Kong and one in Luxembourg which was previously operated by franchise partners. These store...

Ted Baker posted a 12.2% increase in its retail sales in the five weeks leading to the 5th January. Online sales grew by 18.7%, and were a total of 25.7% of overall retail sales, comparing to 24.3% in the same period the previous year. Lindsay Page, Ted Baker acting chief executive, said:...

Mothercare suffer a further blow as sales continue to drop after the Christmas period. UK sales dropped by 11.4% in the 13 weeks up to January, compared to the same period the previous year. Online sales also saw a decline, dropping by 16.3%. The retailer entered a CVA last year to close 60...

Hobbycraft’s like-for-like sales increased by 9.5% in the 6 weeks leading to December 24th. Online sales grew by 28% whilst in-store sales were up by 7.1%. The company put this down to its successful online blog and its Christmas ‘look book’, which saw 10% more customers searching for Christmas ideas. Katherine Paterson, customer...

Dunelm increased its like-for-like revenue by 9% in its second quarter. In the 13 weeks to December 29th, like-for-like sales in store increased by 5.7% year-on-year.  Online sales also grew by 37.7%. These results mean that the company expects its first half pre-tax profits to be around £70 million after a £3.8...