Chico’s FAS’ Soma brand posted a double-digit increase in comparable sales in the second quarter, as the Fort Myers, Florida-based apparel retail group reported falling sales and a net loss for the three-month period.
John Lewis Partnership sales fell in the latest week with a 1.9% drop taking them just below £207m. But while the supermarkets operation sales edged up slightly, the John Lewis department stores weren't so strong.
As it pushes forward with its turnaround efforts, the Hong Kong-based conglomerate has reported a decline in turnover, but has maintained a steady profit margin and announced the sale of a 21.7% stake in LF Logistics.
Global shopping malls giant Unibail-Rodamco-Westfield has reported solid results, but its UK operations (the London Westfield malls) suffered from the same problems we heard about at rivals Hammerson and Intu this week.
Sainsbury's can't seem to catch a break. As some rivals in the UK supermarkets sector start to recover, the company has turned in another sales fall and even its previously resilient fashion offer's sales dropped in Q1.
John Lewis Partnership sales fell slightly in the week up to June 15 dipping by 0.3% to £217m. The Waitrose chain underperformed, with its sales falling 2.8%, but the John Lewis department stores chain was stronger.
Adidas shares fell 1.5% on Wednesday on expectations that one of the German sportswear firm's top shareholders, Groupe Bruxelles Lambert (GBL), was preparing to sell a portion of its stake, three traders said.
Joules was firing on all cylinders again in the latest year, helped by US and German growth, fast-rising e-tail sales and holding its nerve on pricing, despite a tough backdrop impacting many of its sector peers.