Sports Direct's biggest headache is integrating its House of Fraser buy, but its latest results show it forging ahead with developments at the rest of the business, although this is denting turnover at some chains.
Another day, another profit warning. This time it was budget fashion retailer Bonmarché Holdings serving up bad news with the firm saying its Black Friday trading figures were “extremely poor, particularly in stores”.
The Fort Wayne, Indiana-based handbag and luggage company announced declines in third-quarter sales on Wednesday but managed to swing a solid boost in earnings, which nonetheless came in under analysts’ estimates.
Premium fashion trade show Jacket Required will be showcasing a larger number of eco brands at its upcoming event in January as part of its goal of promoting a more sustainable future for the industry.
Poundland has received a big boost from its major move into the clothing sector and despite the problems at its South African parent company, its fourth quarter (the period to September 30) and full-year were strong.
Upscale footwear specialist Russell & Bromley saw a third consecutive year of declining sales in 2017 with revenue falling to £100.6 million while operating profit dropped by £11.6 million to only £6.7 million.
The Christmas shopping season doesn't seem to be getting any better for John Lewis. After a strong Black Friday, it seems to have slipped back with a series of weekly reports in which sales have been sluggish at best.