Liam Gallagher’s Pretty Green lives up to its name with a rise in sales January 11, 2015 Liam Gallagher may not be at the top of the charts at the moment but he has proven he can sell clothes, with total sales in his clothing brand Pretty Green up 39 per cent in the six weeks to 31 December. Gallagher set up the Mod-style brand in 2009 and its latest results were [...]
Black Friday 2015: Hoping to avoid Black Eye Friday? The key is preparation, preparation, preparation November 12, 2015 It is universally accepted that the scale of Black Friday last year was a surprise. It was the Eric Morecambe of retail outcomes – all the orders came in just not necessarily in the right order. As ever, you saw some retailers react better than others and companies’ intuitive values took over. What comes first? [...]
Fever-Tree shareholders raise glasses after strong second half January 22, 2015 Shareholders in upmarket tonic water maker Fever-Tree were celebrating yesterday as the British company revealed its recent strong performance had continued through the second half of the year. In a pre-close trading update for the year ended 31 December, Fever-Tree’s board said it expected sales in the second half to be up 43 per cent [...]
Game Digital share price plummets 50 per cent following major profit warning January 14, 2015 Shares in Game Digital have tanked in early morning trading, after the company issued a major profit warning after market close on Tuesday. The video game retailer's share price opened 50 per cent down on Tuesday, before recovering slightly to a price of around 220p per share – a 35 per cent drop on [...]
Starbucks share price jumps 3.5 per cent after positive third-quarter results January 22, 2015 Starbucks share price jumped as much as 3.5 per cent in after-hours trade today, as the coffee chain released an upbeat earnings report for the fiscal first quarter. Profits at Starbucks for the Christmas period soared 82 per cent to $9.8bn (£6.5) year-on-year, which was in line with expectations. Sales rose 13.2 per cent to $4.8bn [...]
Amazon hires for Christmas: 13,000 temporary UK jobs to be created over festive period October 20, 2014 Amazon is set to create an extra 13,000 temporary jobs in the UK over the Christmas season as the online giant braces itself for the busiest trading period of the year. The company announced yesterday it will hire people to work across it eight fulfilment centres across the UK and its customer service centre [...]
Coca-Cola’s Santa Claus brings fizz to International Greetings August 27, 2015 GIFT wrap and card-making company International Greetings said trading has got off to a good start in the first quarter of the year after winning contracts with the likes of Coca-Cola and Universal Studios for its Despicable Me film. The Bedfordshire-based company, which also makes crackers, gift bags and stationary said it is on track [...]
Cineworld expects Bond and Star Wars to deliver blockbuster box office in 2015 January 14, 2015 Cineworld is expecting a blockbuster year in 2015 thanks to a slate of forthcoming films that includes new installments to the iconic James Bond, Star Wars and Jurassic Park franchises. The cinema chain foresees a strong a year ahead to follow what was a successful year in 2014. In a trading update Cineworld [...]
Asda overtaken by Sainsbury’s as UK’s second largest supermarket but big four continue to slide January 13, 2015 Asda has lost its title as the second largest supermarket in the UK to Sainsbury's, while discounters Aldi and Lidl continue making gains on the big four. Of the big four – Tesco, Sainsbury’s, Asda and Morrisons – sales fell by the smallest amount at Sainsbury’s, down 0.7 per cent. This helped it regain second place [...]
Sainsbury’s share price falls as profits plummet 18 per cent, dividend slashed in going price war November 11, 2015 Update: Sainsbury's share price has fallen six per cent so far today, after revealing a nearly 18 per cent fall in profit, despite slashing its interim dividend by a third. The figures Sainsbury's group sales were down two per cent to £13.6bn for the 28 weeks to 26 September, while retail sales were down 0.1 per cent excluding fuel. Like-for-likes dropped [...]