John Lewis will post its annual results next week and analysts are expecting a return to profit of at least £100 million. It's also working with suppliers to “review products that have components of Russian origin”.
After a year of fundamental changes for Hammerson, how’s the UK-based commercial property giant performing? On Friday, it reported a “strong" footfall recovery “in all territories” with occupier sales ahead of footfall.
UK retail saw surprisingly strong sales growth last month as “unseasonal discounting” kicked in. But analysts are predicting tougher times for “squeezed” mid-level retailers while premium and value specialists do well.
AZ Factory, the fledgling fashion house created by the late Alber Elbaz, has announced plans for a series of collections by ‘Amigos’ of the house. It will debut with Thebe Magugu, the house said on Friday.
Carnaby’s Christmas butterflies are up for sale with proceeds supporting humanitarian aid in the Ukraine. They will go on sale on 10-11 March between 12-2pm, priced from £5, to support charity partner Choose Love.
Shares in JD Williams and Simply Be owner N Brown plunged over 22% in early trading Thursday after it predicted weaker profits in the 53 weeks to March 4 next year, due to issues from the supply chain to inflation.
Improving…could have been better…but will gains continue? That’s UK retail footfall, which strengthened in February. Figures improved to 20.7% below the 2019 benchmark and slightly up from -20.8% in January.
We hear a lot about the headline inflation figure, but more important for many consumers is the price of goods in stores and the latest BRC-Nielsen Shop Price Index showed annual store prices rising 1.8% last month.