Retail news
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Campaign begins to save Peacocks
- Posted:
- 19 January 2012 10:15
MPs, retailers and the general public have joined calls to business secretary Vince Cable to help save the Peacocks clothing chain and the 10,000 jobs that its potential collapse puts at risk. The company went into administration last night, with professional services firm KPMG saying that all Peacocks stores remain ...read more
Sales at ASOS continue to shine
- Posted:
- 19 January 2012 10:13
ASOS has reported an impressive rise in year-on-year sales in the third quarter, defying the economic slowdown, and said that it was confident that full-year figures would be in-line with expectations. In a trading statement covering the three months to the end of December, the online fashion retailer saw a ...read more
Primark delivers "exceptional" Christmas sales
- Posted:
- 19 January 2012 10:12
Associated British Foods-owned Primark saw sales soar over the Christmas trading period, as it continues to build up its presence on the high street.ABF said that total sales at its 232 stores across Europe were up 16% in the 16-week period to January 7th compared to a year earlier.It described ...read more
Comet sees slump as sale nears
- Posted:
- 19 January 2012 10:11
A poor performance in Boxing Day clearance tightened the squeeze on electricals chain Comet today after it reported a 15% slump in sales. The company, which is due to be sold to retail turnaround firm OpCapita on February 3rd, experienced an improving sales trend before Christmas but this was offset ...read more
Mulberry set to exceed expectations
- Posted:
- 19 January 2012 10:10
High-end fashion brand Mulberry has said that it is likely to beat market expectations on its full-year results, confirming that the luxury sector is yet to feel the full force of the economic slowdown.In the 16 weeks to January 14th, the company said that it had seen a strong performance, ...read more
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