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Finance

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Selfridges

Selfridges enjoys strong Christmas as sales rise 5%

Selfridges enjoyed a 5% rise in Christmas sales year on year aided by strong demand for vegan products, toys, beauty and menswear. Men’s

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Joules

Joules shares tumble after supply chain problem hits Christmas sales

Joules shares dived by almost a quarter this morning after it warned that profits would slide following supply chain issues over the key

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JD Sports

JD Sports hails positive festive trading despite “challenging” conditions

JD Sports said it expected annual profits to be at the higher end of forecasts after posting “encouraging” sales growth over the Christmas

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Superdry

Superdry Christmas sales down -16% as it is weighed down by...

Superdry said that the old clothes left over by its former management team are to blame as it was forced to downgrade profits

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Jigsaw

Jigsaw seeking rent reductions from landlords

Jigsaw is the latest high street name to seek rent reductions on its store portfolio and is looking for cuts of 30%, it

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Paula Nickolds John Lewis

John Lewis MD Paula Nickolds out after Christmas sales slump

John Lewis was thrown into chaos this morning, as the managing director of the department store was sacked and the chairman warned that staff

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Marks & Spencer

Marks & Spencer food has “standout” Christmas but clothing drops

Marks & Spencer’s food division had a “standout” performance over Christmas, but its long-awaited return to form in clothing failed to materialise with

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Retailers retail high streets

Retailers suffer their worst year on record

Retailers have suffered their worst year on record as overall sales fell for the first time, according to the latest figures. Total retail

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Shoe Zone

Shoe Zone calls for rate cuts to avoid high street closures...

The boss of Shoe Zone has called for urgent business rate reductions to avoid high street store closures as the retailer posted lower

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Hobbs TFG London

Hobbs returns to profit under TFG ownership

Hobbs has returned to profit and has shown an increase in sales under the ownership of TFG Brands (London). The premium women’s fashion chain

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Belstaff

Belstaff dependent on billionaire owner as it posts £48m loss

British heritage brand Belstaff is dependent on the support of its billionaire owner Sir Jim Ratcliffe, its auditors have warned in its latest

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Mountain Warehouse

High street naysayers wrong, says Mountain Warehouse boss

High street doom-mongers have been proven wrong about their predictions for retailers, the founder of Mountain Warehouse has said. Mark Neale, the boss

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