Superdrug has filed its accounts for 2024 and they showed the company continuing to make the most of a buoyant beauty market and key sales growth initiatives. Superdrug The health & beauty retailer said revenue increased to £1.634 billion from £1.528 billion with gross profit up to £236.4 million from £201.2 million. Operating profit jumped…
High streets and shopping/entertainment centres may well be buzzing with activity but this doesn’t always translate into hard cash for retailers with the cost of living still weighing. A prime example is footwear retailer Shoe Zone, which saw physical store sales decline in the half-year to 29 March and now expects full-year profits to halve….
By Reuters Published May 20, 2025 French luxury group Chanel will continue to invest heavily this year, drawing on its deep pockets as other sector players pull back, with plans for new stores in China and the United States, despite volatility in both markets, it said on Tuesday. Chanel pushes growth with 48 new stores…
Luxury leather goods and stationery retailer Frank Smythson has filed its accounts for the year to the end of last March and said that its business improved. That came as the economic situation in the UK and globally showed signs of recovery from the disruptions caused by the pandemic and despite the fact that challenges…
Harvey Nichols has filed its accounts for the year to March 2024 and they show that it was a tough year for the business, underlining the reasons behind its CEO change mid-year. Photo: Sandra Halliday When we say Harvey Nichols, it’s actually a variety of UK-registered companies that make up the luxury retail business. They…
Sales at Cefinn — the premium label owned by Samantha Cameron — struggled in its latest year as it moved away from wholesale to focus on DTC. Cefinn That’s according to The Times, which has seen figures from the company for the year to last October. It said sales fell 5% to just £4.2 million…