Poundland has received a big boost from its major move into the clothing sector and despite the problems at its South African parent company, its fourth quarter (the period to September 30) and full-year were strong.
Upscale footwear specialist Russell & Bromley saw a third consecutive year of declining sales in 2017 with revenue falling to £100.6 million while operating profit dropped by £11.6 million to only £6.7 million.
The Christmas shopping season doesn't seem to be getting any better for John Lewis. After a strong Black Friday, it seems to have slipped back with a series of weekly reports in which sales have been sluggish at best.
The arrival of Inditex’s Bershka at the St David’s mall in Welsh capital Cardiff sees the mall extending its fashion offer but also Bershka targeting new consumers as it’s the brand's first location in the region.
MySale issued a profit warning on Tuesday with the Cocosa owner saying that it has seen “challenging conditions during its peak trading period.” And it's reviewing its UK business as it focuses on "ANZ-first".