Revolution Beauty raises guidance as it ploughs ahead with growth plans March 27, 2024 Scandal-stricken Revolution Beauty has raised its profit guidance for the year, as it ploughs ahead with plans to reach £1bn in retail sales over the next six years.
Topps Tiles reports soaring retail sales thanks to new products November 30, 2021 Topps Tiles has declared a record year of revenue despite lockdown restrictions earlier this year. In results for the 53 weeks ended 2 October, the group posted retail like-for-like sales up 19.6 per cent. “We believe this performance underlines the strength of our strategy and the success of new initiatives including the expansion of our [...]
Retail sales jump by modest 0.8 per cent in October November 19, 2021 UK retail sales rose in October, ending a five-month run of falling or flatlining sales, according to official figures. The Office for National Statistics (ONS) said retail sales volumes rose by 0.8 per cent last month compared to September, following no movement between September and August. The ONS said non-food stores were the only main [...]
Consumer fatigue slows retail sales growth August 10, 2021 Signs of fatigue among consumers after the initial burst in spending triggered by the gradual easing of Covid restrictions are starting to emerge, according to new figures released today. Research from the British Retail Consortium and KPMG show retail sales jumped 9.8 per cent in July compared to the same period in 2019, before the [...]
FTSE 100 today: London markets likely to soar on the heels of global tech rally January 19, 2024 Global stocks surge in a tech rally, oil prices dip, and Bitcoin hits a five-week low. Attention now shifts to UK retail sales and U.S. Michigan Sentiment data.
Second-hand shopping lifts retail sales above pre-pandemic levels November 19, 2021 Retail sales jumped over the last month as consumers flocked to charity shops, according to data from the Office for National Statistics published today. Retail sales jumped 0.8 per cent over the last month and soared above pre-pandemic levels. Spending at second hand clothes stores climbed over the last month, driving overall retail sales higher [...]
The City View: Victoria Scholar on rising prices, unemployment and retail sales data; and XR cause Lloyd’s of London HQ shutdown April 12, 2022 Today Andy Silvester talks to Victoria Scholar, Head of Investment at Interactive Investor. They go through some of the week’s economics data on GDP, unemployment, retail sales, and talk trading updates. They discuss the latest from ASOS, Deliveroo, and EasyJet: ASOS is facing a raft of headwinds, as investors lose confidence in the online retailer; [...]
Retail sales fall as reopening bounceback runs out of steam September 17, 2021 Retail sales volumes dropped 0.9 per cent last month as Brits rushed to dine out at restaurants when lockdown restrictions eased and stores faced supply disruption. A dip in food store sales of 1.2 per cent and a 1.5 per cent jump in automotive fuel sales suggests that people leaned into post-lockdown freedoms by travelling [...]
End of Euro 2020 dampens retail sales in July August 20, 2021 UK retail sales fell sharply over the last month driven by the end of the Euro 2020 football tournament in July stemming Brits’ spending on food and drink, according to official figures released today. Data from the Office for National Statistics shows retail sales volumes dropped 2.5 per cent between June and July of this [...]
FTSE 100 today: London markets brace for caution as traders scale back rate cut bets February 6, 2024 Asian markets mimic Wall Street's dip, oil prices hold steady. UK retail sales slow in January, RBA maintains interest rate at 4.35%; focus shifts to UK Construction PMI.