Superdry has enjoyed a healthy Christmas trading season and booked strong figures in its interim report, all of which were bolstered by double-digit online sales growth. For the festive season covering 10 weeks to January 6, the fashion chain and wholesaler said like-for-like retail sales climbed 4.7 per cent while group revenue of £215.6 million was 12.6 per cent higher than the prior year. Meanwhile, Superdry’s global brand revenue increased by 13.6 per cent year-on-year to £314.4 million.
Fat Face has reported strong sales over the Christmas season, with its half-year report also indicating a recovery in some profits and sales after a gloomy previous year. According to unaudited results for its 26 week period ending December 2, total sales was up by 12 per cent to £120 million, compared to £107 million the year prior. Fat Face’s total EBITDA also increased eight per cent year-on-year, along with a like-for-like sales increase of seven per cent.
Fat Face has reported strong sales over the Christmas season, with its half-year report also indicating a recovery in some profits and sales after a gloomy previous year.
Mothercare’s finances have taken a dramatic turn as it plunged into loss during its half year, despite a rise in like-for-likes in its UK market. The global maternity and babycare retailer swung to an adjusted loss before tax of £700,000 in the 28 week period ending October 7, compared to a profit of £5.9 million in the same period the year before
Fashion retailer Quiz has recorded “strong growth” across all channels in its interim report, in what is its first trading update since it made its stock market debut at the end of July. The Scottish brand raked in £4.8 million in underlying pre-tax profit for the six months to September 30, a 31 per cent jump when compared to the same period last year. Underlying EBITDA also surged 32.1 per cent to £6.2 million, while EBITDA climbed 7.4 per cent to £5 million
Marks & Spencer is set to ramp up is clothing store closure scheme and take it easy with food store openings after it posted a 5.3 per cent slump in profits in its half-year report.
Boohoo has seen a surge in its first half sales and profit as it continues to reap the rewards of international growth and acquisitions. The online fashion retailer recorded a 106 per cent increase in sales to £262.9 million in the six months to August 31 while pre-tax profit went up 41 per cent to £20.3 million.
Kingfisher has warned over a cautious backdrop in the UK as it delivered mixed financial results while continuing to overhaul the business. The parent company of B&Q and Screwfix recorded a 0.9 per cent rise in underlying pre-tax profits to £440m in the six months to July 31, boosted by a 4.5 per cent rise in sales to £6 billion
Gear4music’s total revenue surged by 44 per cent to £31.219 million in the first half of its financial year.