The Fragrance Shop has enjoyed a bumper Christmas after gift sets and celebrity-endorsed luxury scents drove a rise in like-for-like sales during the crucial trading period.
Kingfisher has welcomed John Colley back into the fold after seven years, appointing him as its group trading director. Colley had served as commercial director for Kingfisher fascias B&Q and Screwfix before he left the company to become the chief operating officer of Maxeda DIY Group based in the Netherlands and then managing director at Majestic Wine
December saw the highest decline in footfall for four years in “a significant weakening in performance” as a fall in discretionary spend and increasing shift to online shopping takes it toll on the high street. According to the BRC – Springboard Footfall and Vacancies Monitor, footfall declined 3.5 per cent from November 26 to December 30, marking the sharpest decline since March 2013.
Iconic department store Fortnum and Mason has posted record Christmas sales, thanks to British shoppers who helped boost its sales over the crucial trading period. In the five weeks to December 31, the 300-year-old retailer recorded a like-for-like sales jump of 13 per cent. The retailer said it enjoyed growth in all three of its London stores at Piccadilly, Heathrow Airport and St Pancras International, combined with a 23 per cent year-on-year online sales increase
Online electricals retailer AO World has said it was on track to meet full year forecasts following continued revenue growth over the Christmas period. In its third quarterly update ending December 31, the retailer said total revenue grew 16.6 per cent year-on-year and while it expects its full year performance to be within analysts’ expectations, it remains cautious given the “uncertain UK economic outlook”. AO World’s UK business experienced revenue growth of 11.4 per cent and Ao.com revenue was up by 11.2 per cent year-on-year.
The Theo Paphitis Retail Group has reported a mixed bag of results across its brands during the Christmas trading period, as its eponymous chief executive concedes has “never seen it so hard” in the sector. In the six weeks to December 24, lingerie brand Boux Avenue and homeware retailer Robert Dyas both saw sales increase by 11.2 per cent to £49.4 million and 2.8 per cent to £123.4 million respectively
Shoe Zone has reported a drop in revenues in its preliminary full-year results as it continues efforts to turn its fortunes around following disastrous results last June. In the 52 weeks to September, revenues slipped 1.2 per cent to £157.8 million, while pre-tax profits dropped 8.4 per cent to 9.5 million
Domino's Pizza said its chief executive, Patrick Doyle, will leave the biggest U.S. pizza delivery chain in June and would be replaced by Richard Allison.
Joules has welcomed news of its “strong performance” over the Christmas period, which saw a spike in sales. READ MORE: Joules sales jump 20% amid continued expansion Joules, H&M and BoohooMAN launch activewear ranges as craze continues For the seven week period ending January 7, the lifestyle and fashion retailer recorded a 19.2 per cent year-on-year uptick in sales, which it attributed to continued demand and growth in store and online.
Fantasy games retailer Games Workshop has continued to rake in sales hitting records highs and growing in double digits over the last six months. For the six months to November 26 the group’s revenues topped a record £108.9 million, rising 53.6 per cent. This was aided by a 71 per cent boost in online sales Profits over the period were equally as strong at the Warhammer retailer, more than doubling on a year before from £13.8 million to £38.8 million