Less Ads, More Data, More Tools Register for FREE

Pin to quick picksJLH.L Share News (JLH)

  • There is currently no data for JLH

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

FACTBOX-How Britain's retailers fared over Christmas

Tue, 08th Jan 2019 09:01

(Adds Morrisons, Footasylum, Joules Group)

Jan 8 (Reuters) - British retailers are giving updates onChristmas trading, by far their busiest and most importantperiod of the year, stretching from "Black Friday" on Nov. 23 toearly January clearance sales.

Investors had been braced for bad news after a major profitwarning from the one-time online darling ASOS Plc lastmonth capped a torrid year for the sector marred by shopclosures and bankruptcies.

On the high street the run up to Christmas was marked bydiscounting while the number of shoppers hitting the shops afterDec. 25 fell on previous years.

Following are the highlights:

Reported on Jan. 8.

WM Morrison Supermarket Plc

Morrison, Britain's fourth largest supermarket group, missedChristmas sales forecasts as weak consumer demand hit its retailand wholesale businesses.

Reported on Jan. 8.

Footasylum Plc

British fashion retailer Footasylum Plc warned that itsfull-year core earnings would come in at the lower end ofanalysts' estimates, hit by lower margins and likely chargesfrom a future cost savings initiative.

Reported on Jan. 8.

Joules Group Plc

British lifestyle brand, Joules Group Plc reported a 11.7percent rise in retail sales for the seven-week period to Jan.6, boosted by higher online sales.

Reported on Jan. 7.

Aldi UK

Aldi UK, the British arm of the German discount supermarket,said its sales increased around 10 percent to almost 1 billionpounds ($1.28 billion) in December, driven by increased demandfor its premium ranges.

Reported on Jan. 7.

Dunelm Group

Homeware retailer Dunelm Group Plc said it expects higherpretax profit for the first half of the year and forecastfull-year pretax profit above the top range of analysts'estimates if the industry continues to grow at its current pace.

Reported on Jan. 3.

Next

A late surge in online demand helped British clothingretailer Next to increase sales in the Christmas period,confounding fears of tough festive trading and lifting sharesacross the battered sector.

Reported on Jan. 2.

John Lewis

John Lewis said sales in its department storesrose 4.5 percent in the week ending December 29, boosted bystrong demand on Christmas Eve and "a confident start topost-Christmas clearance both online and in shops".

Reported on Dec. 29.

HMV

Music retailer HMV called in the administrators for thesecond time in five years after it said demand for CDs and DVDswas disappearing. One of the best known names on the highstreet, it plans to keep the business running while it tries tofind a buyer.($1 = 0.7841 pounds)(Reporting by Kate Holton, Noor Zainab Hussain and SamanthaMachadoEditing by Keith Weir, Bernard Orr and Shounak Dasgupta)

More News
6 Jan 2014 10:24

DIRECTOR DEALINGS: John Lewis of Hungerford Non-Executive Sells 3 Million Shares

Read more
22 Oct 2013 16:46

MARKET COMMENT: Bluechips Rally, Dollar Slides As US Payrolls Miss

Read more
22 Oct 2013 12:07

John Lewis of Hungerford expects small full-year profit

John Lewis of Hungerford said it expected to make a small profit for the last year and said the first quarter had seen strong growth. The AIM-listed kitchens retailer, which also announced two new directors had been appointed to the board, said it expected to report £6.5m of sales for the year to A

Read more
22 Oct 2013 11:29

UK WINNERS & LOSERS: Plenty Of Good News From FTSE 100 Stocks

Read more
22 Oct 2013 08:28

John Lewis Of Hungerford Soars As Turnaround Gathers Pace

Read more
14 Aug 2012 16:58

Meggitt director stocks up following good H1 revenue growth

Peter Huber, the President of Sensing Systems at Meggitt Group, purchased 8,616 shares in the firm for 409p each. The £35,239 transaction took place just a week after the aerospace components engineer said it entered the second half of the year with good momentum and an improved order book, althou

Read more
26 Apr 2011 14:16

John Lewis of Hungerford reports strong first half

Upmarket kitchen group John Lewis of Hungerford has reported an 18% increase in turnover for the half year ended 28 February as a result of the combination of like-for-like sales growth a new store openings. However, chairman Malcolm Hepworth warned of margin pressures through raw material price in

Read more
15 Jul 2010 11:39

DSG International, John Lewis Bond, Tender Offers Continue Trend

LONDON (Dow Jones)--Electrical and computing retailer DSG International PLC (DSGI.LN) announced Thursday an offer to buy back existing bonds and planned a new five-year issue, continuing the recent trend of companies looking to extend their debt maturities. U.K. retailer John Lewis PLC is also p

Read more
25 Feb 2010 16:44

Fidessa directors offload shares

Financial software provider Fidessa's chief executive and chairman have sold shares less than one week before they go ex-dividend. Fidessa announced a 40p a share special dividend when it published its 2009 figures at the beginning of last week. This is in addition to a 20p a share final dividend

Read more
18 May 2009 06:20

Monday newspaper round-up: Lloyds Banking, Shell, BT

The departure of Sir Victor Blank has opened the floodgates on City demands for Lloyds Banking Group to unwind its fateful merger with HBOS which led to the chairman's downfall. A powerful combination of investors as well as business and political leaders are arguing that the superbank should be de

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.