retail-trade
Top StoriesDr Martens Tripped up by Tough U.S. Market
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Car Sales Push Irish Retail Sales Sharply Higher Again
Date: May 29, 2023
Car sales push Irish retail sales sharply higher again DUBLIN (Reuters) – Annual Irish retail sales volumes rose sharply again last month due to another surge in car sales, jumping 7.5% year-on-year, Central Statistics Office data showed on Monday. When a 23.5% year-on-year increase in motor trades was excluded, retail sales rose by 0.5% month-on-month...
UK Retail Sales Fall in May After April Rise, Outlook Less Gloomy: Cbi
Date: May 25, 2023
UK retail sales fall in May after April rise, outlook less gloomy: CBI LONDON (Reuters) – British retail sales declined this month after a modest rise in April but stores expect sales volumes to stabilise in June as consumer confidence improves and energy prices fall, a survey showed on Thursday. The Confederation of British Industry’s...
Armani Sales up 18% in Q1 as Asia Rebounds, U.S. Slows Down
Date: May 25, 2023
Armani sales up 18% in Q1 as Asia rebounds, U.S. slows down MILAN (Reuters) – Italy’s Armani said on Thursday that sales jumped 18% in the first quarter thanks to a rebound in Asia and more modest growth in the United States, where a slowdown is expected in the coming months. The privately-owned luxury group...
Mr Kipling Maker Premier Foods to Stop Price Hikes This Year
Date: May 18, 2023
Mr Kipling maker Premier Foods to stop price hikes this year By Radhika Anilkumar (Reuters) -Premier Foods said on Thursday it does not expect further prices hikes in fiscal 2024 after it posted a beat in profit for 2023 aided by price increases and cost-cutting measures. “We have passed the peak and it does look...
Burberry Shares Drop as Weak US Demand Overshadows China Rebound
Date: May 18, 2023
LONDON (Reuters) -British luxury fashion brand Burberry on Thursday reported stronger-than-expected fourth quarter sales driven by a rebound in China but continued weakness in the United States sent its shares down sharply. Comparable store sales at the FTSE 100 group rose 16%, accelerating from 1% in the third quarter and above a company compiled consensus...
Low Unemployment Amongst Young Driving Demand, Says Jd Sports Boss
Date: May 17, 2023
Low unemployment amongst young driving demand, says JD Sports boss LONDON (Reuters) – Historically low unemployment for the young is driving demand for JD Sports Fashion’s trainers, joggers and hoodies despite accelerating living costs, its boss said on Wednesday. “Our key customer target is a young adult and the young adult all over the world...