Superdry issues profit warning as shipping woes offset trading momentum The company's founded expresses optimism for the trading outlook but admits Superdry's bottom line is being squeezed heavily by its struggling wholesale arm.
Bargain hunters secure record festive sales at Primark
Britain’s seemingly insatiable appetite for bargains helped Primark report a strong Christmas and maintain its guidance for the year.Sales at the value fashion
Record Christmas sales at Primark boost revenues for owner ABF
Associated British Foods (ABF) saw its group revenues jump by 16% over the last four months, to £6.7 billion from £5.57 billion.
Primark: Consumer spending 'more resilient than expected' over Christmas
Primark's recovery from the doldrums of the COVID pandemic continues to gather momentum as its value proposition remains attractive despite high inflation in its key markets.
Primark enjoys bumper festive UK sales as shoppers head to city centres
Owner ABF says its grocery brands such as Twinings and Kingsmill also increased trading
Ocado says shoppers buying fewer items as costs rise
The online grocery delivery service says shoppers are buying less as the cost of living soars.
Primark cautious on 2023 outlook after 'very strong' Christmas
Clothing retailer Primark reported better-than-expected trading over the Christmas quarter, parent Associated British Foods said on Tuesday, but cautioned economic headwinds may dent consumer spending in 2023.
Britain's M&S to invest $587 mln in store estate
British clothing and food retailer Marks & Spencer plans to open 20 new, bigger stores in its 2023-24 year as part of a radical overhaul of its store estate that will see it invest 480 million pounds ($587 million).