Menu

Tag: retailer

Dr Martens earnings increase 27%

A successful expansion strategy and strong ecommerce sales has allowed iconic footwear brand Dr Martens to record a jump in revenues and operating income. In its annual report for the year ending March 31, the retailer reported a 25 per cent increase in group revenue to £290.6 million, or 12 per cent growth at constant currency. Meanwhile, its EBITDA increased 27 per cent to £37.5 million, highlighting the success of its strategy to expand the product line, grow new stores, and expand globally

0 Comments
Read Full

Puma’s full-year outlook raised yet again after strong Q3

An increase in sales during Puma‘s third quarter has allowed the retailer and fashion brand to raise its full year guidance once again. In its third quarterly update, to be released on October 24, the German company expects to see consolidated sales grow 13.3 per cent to €1.12 billion (£1 billion) compared to €990 million (£887.6 million) in the third quarter last year. READ MORE:  Puma raises full year outlook again after strong Q2 results Puma’s EBIT is also to have increased to €101 million (£90.55 million) from €60 million






0 Comments
Read Full

Travis Perkins sees sales rise thanks to inflation

Travis Perkins has seen a jump in growth thanks to inflation driven prices and is on track to meet full year expectations, despite remaining cautious. The owner of home and DIY retailers Wickes and Toolstation saw like-for-like sales jumpy 4.1 per cent in third quarter of the year up from a 2.7 per cent in the first six months, alongside total sales growth of 3.5 per cent. According to analysts the group is forecast to see an adjusted operating profit of £386 million this year, down from £409 million in 2016, marking a second consecutive year of falling profits.






0 Comments
Read Full

Nordstrom family drops go-private talks, for now

The executive group interested in buying out the retailer has paused exploration of a go-private transaction until after the holidays. 






0 Comments
Read Full

Nordstrom family drops go-private talks, for now

The executive group interested in buying out the retailer has paused exploration of a go-private transaction until after the holidays. 






0 Comments
Read Full

Nordstrom family drops go-private talks, for now

The executive group interested in buying out the retailer has paused exploration of a go-private transaction until after the holidays. 






0 Comments
Read Full

J. Jill warns of ‘disappointing’ Q3

The disappointment arguably began with the retailer’s IPO in March, when the women's apparel brand failed to meet its target price.






0 Comments
Read Full

Neiman Marcus unveils ‘digital first’ strategy

It's the retailer's 10th straight quarter of declines, but the new plan involves digital style services and more personalized interactions.






0 Comments
Read Full

Asos to begin same-day delivery tomorrow

Online retail giant Asos has announced it will begin same-day deliveries for shoppers from tomorrow. Known as Asos Instant, the service will initially be available to customers in based in London’s 122 postcodes on orders placed before 10am Sunday to Friday.






0 Comments
Read Full

Sears borrows $100M (more) from Eddie Lampert’s hedge fund

The company's CEO has extended his financial lifeline to the retailer through ESL Investments — the question on everyone's mind is how much longer can he, or will he, keep doing that?






0 Comments
Read Full