Inditex Poised for Possible Guidance Upgrade Ahead of Q3 Results

Highlights,Inditex’s third-quarter results on 11 December could bring an upgrade to its full-year outlook.,UBS forecasts 11.5% sales growth in Q3, wit...

Marks & Spencer’s Marble Arch Redevelopment Gets Government Approval

Highlights,Government overturns block on Marks & Spencer’s flagship Marble Arch redevelopment plans.,Project to rejuvenate Oxford Street with a new fl...

Inditex Poised for Possible Guidance Upgrade Ahead of Q3 Results

Highlights,Inditex’s third-quarter results on 11 December could bring an upgrade to its full-year outlook.,UBS forecasts 11.5% sales growth in Q3, wit...

Watches of Switzerland Gains Investors' Limelight Today. Here's Why.

Highlights,Group revenue for H1 FY25 increased by 4% at constant currency, with luxury jewellery driving significant growth.,US performance showed str...

Frasers Group Advances Elevation Strategy in H1 FY25 H1 Despite Chal...

Highlights,Adjusted Profit Before Tax (APBT):,Decreased by 1.5% to £299.2 million, reflecting dual running costs and a decline in non-core revenue str...

OECD Warns of Slower Rate Cuts Amid Inflation Concerns and Revised E...

Highlights,OECD predicts global interest rates, including the UK, will decline more gradually than anticipated.,UK’s 2024 GDP growth forecast reduced...

On the Beach Group Reports Record TTV in FY24 and Sets Ambitious Gro...

Highlights:,Record Performance:,Total Transaction Value (TTV) grew 15% to £1.2 billion, with revenue up 14% to £128.2 million, driven by strong market...

Greencore Group Reports Profit Growth and New Partnerships Despite R...

Highlights:,Profit Surge:,Greencore posted a 36% increase in profit before tax to £61.5 million, supported by improved gross margins despite a 5.6% de...

SSP Group Reports Robust Growth Amid Global Recovery, Sees Positive...

Highlights:,Strong Profit Growth:,SSP Group posted a 26% increase in operating profit for the year ending September 2024, driven by a 14% rise in reve...

November Retail Sales Plunge Amid Economic Uncertainty and Delayed B...

Highlights:,Largest November Decline Since Covid:,Retail sales dropped by 5.8%, with both online and in-store segments significantly impacted.,Delayed...

Burberry Set for Revival as Deutsche Bank Highlights Turnaround Pote...

Highlights:,Deutsche Bank Upgrades Burberry to ‘Buy’:,Analysts express optimism over Burberry’s turnaround strategy and expected sector recovery in 20...

Supreme PLC’s Acquisition of Typhoo Tea: A Strategic Expansion into...

Highlights:,Supreme Acquires Typhoo Tea for £10 Million:,The deal secures jobs and strengthens Supreme’s diversified portfolio.,EPS Growth Anticipated...

Boohoo Group Takes Key Step in Refinancing Strategy with Loan Repaym...

Highlights:,Boohoo repays £50 million loan:,Part of a larger refinancing strategy, reducing its term loan balance to £47 million.,Funding raised throu...

Topps Tiles Defends Strategy Amid Investor Criticism Over Market Ada...

Highlights:,Market outperformance:,Topps Tiles highlights a 5.4% revenue decline compared to a 10-15% wider market contraction.,Focus on digital expan...

Loungers PLC Secures Support for £338 Million Fortress Takeover

Highlights:,Fortress Takeover Offer:,Loungers PLC has received a 310p-per-share cash offer from US private equity firm Fortress, valuing the company a...

Caffyns Reports Improvement in Half-Year Financial Performance Resul...

Highlights,Caffyns reported a 3% increase in revenue for H1 FY25 and a £0.45 million underlying profit before tax, reflecting improved financial perfo...

AO World Reports Continued Profit Growth and Operational Efficiency...

Highlights,Adjusted profit before tax increases by 30%, reaching £17 million with a PBT margin of 3.3%.,B2C Retail revenue grows by 13%, driving overa...

Halfords Group shares jump on Tuesday. Here's Why.

Highlights,Group like-for-like sales show slight decline of -0.1%, reflecting mixed performance across Autocentres and Retail segments.,Gross margin i...

Kingfisher Reports £3.2 Billion in Q3 Sales Amid Challenging Market...

Highlights,Q3 sales flat at £3.2 billion, with like-for-like (LFL) sales declining by 1.1%.,UK & Ireland showed growth driven by Screwfix (+1.8% LFL)...

DFS Furniture Reports Momentum Continuation in FY25, Announces CFO A...

Highlights,Order intake growth sustained:,DFS sees continued year-on-year growth in order intake, aligning with expectations.,Cost-efficiency focus:,O...