Game bullish for full-year despite fresh competition January 13, 2011 COMPUTER games retailer Game Group posted 2.1 per cent lower like-for-like sales over Christmas and said annual profit would be within analysts expectations despite increasing competition from downloads. The company has been hit by an absence of new console launches in 2010, increased competition from supermarkets and changing gaming habits, with people increasingly playing mobile [...]
BHP and Anglo set for record results February 13, 2011 BHP BILLITON is expected to best its mining rivals with around $15bn (£9.4bn) profit when it reports half-year results on Wednesday. Expectations are high for the Anglo-Australian miner after bumper results from Rio Tinto and Xstrata last week on the back of soaring commodity prices. Analysts at UBS have forecast underlying earnings of $10.7bn, with [...]
SuperGroup sales soar 90pc over Xmas January 12, 2011 SuperGroup, the company behind the Superdry fashion brand, forecast year profit at the upper end of expectations after posting a 90 per cent jump in sales over the key Christmas period. SuperGroup, whose clothes are a favourite of celebrities such as David Beckham, Leonardo DiCaprio and Zac Efron, said it made sales of £65.1m in [...]
TEMPERS FLARE AT PWC CAROL SERVICE December 22, 2010 YOU might think that playing the organ at the office Christmas carol service is a pretty uncontroversial activity. Not so for a professional organist (as they’re called) engaged for PricewaterhouseCooper’s annual festive singsong. The stage was set, the decorations tweaked and the set list compiled when all went awry. Details are hard to come by, [...]
EasyJet takes £18m hit from snow January 20, 2011 EasyJet took an £18m hit from last month’s big freeze, though the pain was eased by rising first-quarter revenues as more travellers opted to fly with the low-cost carrier. The budget airline said that revenues for the final three months of 2010 rose 7.5 per cent to £654m pounds as passenger numbers rose 8.8 per [...]
BA’s brand can only stand strikes for so long January 25, 2011 WITH BA cabin crew once again voting to support industrial action, we’ve had a look at the impact that the strikes have had on public perceptions of the airline, now part of International Airlines Group (IAG). Back in the autumn of 2009 BA had an impressions score in the high 20s. Then came the announcement [...]
Next Xmas sales hit by snow January 5, 2011 Next posted a slightly worse than expected fall in underlying store sales at Christmas, blaming the hit to trade on snow in December. The group said sales at shops open at least a year fell 6.1 per cent in the period from 1 August to 24 December, the bulk of its second half. Analysts had [...]
Next Xmas sales hit by snow January 5, 2011 Next posted a slightly worse than expected fall in underlying store sales at Christmas, blaming the hit to trade on snow in December. The group said sales at shops open at least a year fell 6.1 per cent in the period from 1 August to 24 December, the bulk of its second half. Analysts had [...]
HMV cuts dividend as losses widen December 9, 2010 Music, DVD, games and books retailer HMV posted a worse than expected widening in first-half losses, blaming a sharp fall in sales on weak entertainment markets. The group said it was cutting its dividend and cautioned that despite more encouraging trading at the beginning of its second half, the start to Christmas trading had been [...]
HMV cuts dividend as losses widen December 9, 2010 Music, DVD, games and books retailer HMV posted a worse than expected widening in first-half losses, blaming a sharp fall in sales on weak entertainment markets. The group said it was cutting its dividend and cautioned that despite more encouraging trading at the beginning of its second half, the start to Christmas trading had been [...]