JD Sports cuts profit guidance as footwear sales slow in Q2
Group organic sales fell 1.3%, while like-for-like sales dropped 3.1%
Actualité européenne des PGC
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JD Sports is struggling in the U.S.
The British retailer JD Sports is seeing its revenue continue to decline and expects lower profits, primarily due to weak consumer confidence in the U.S. In Europe, however, the…
Estée Lauder Forecasts Strong Annual Profit On Resilient Fragrance Demand
Estée Lauder forecasts profit above Wall Street estimates as premium fragrance demand and China growth support its turnaround.
CMA warns fuel retailers over slow price cuts as margins remain high
Fuel retailers have been criticised by the CMA for failing to pass falling wholesale costs on to motorists quickly enough, as the competition watchdog warned that profit margins…
Carlsberg can rely on soft drinks and non-alcoholic beverages
Carlsberg is raising its profit forecast despite a disappointing first half of the year. The Danish brewer is seeing synergies from the acquisition of soft drink maker Britvic…
Brewer Carlsberg Upbeat On Annual Profit Despite H1 Miss
Carlsberg forecast full-year profit towards the upper end of its previous guidance range even as it missed half-year estimates.
KEY PLAYER PROFILE How TripAdvisor anchors commerce media at the point of discovery
If traditional retail media is built around the point of purchase, Tripadvisor represents something slightly different: commerce media anchored at the point of discovery. It sits…
As Retail Stagnates, Ad Dollars Help Walmart Stay The Course
Walmart’s slowing same-store sales and cautious outlook put fresh focus on its growing advertising business to support profits.
GUEST POST The Golden Quarter will test whether cross-border growth is still profitable
With the Golden Quarter fast approaching, Paweł Zakielarz, CEO of Shopreturns, explores the potential impact of the EU's new €3 customs duty on peak trading. The post GUEST POST…
Mothercare reports sharp profitability drop due to Middle East disruption and end of Boots partnership
Mothercare reported a sharp fall in sales and profitability in its latest full-year results, which it has attributed to the continued challenges facing its franchise-led business…
JD.com returns to profit in Q2 despite rare dip in revenues
The company attributed the decline in top-line revenues primarily to a high base effect from the previous year
TWE reports sales slump in full-year results
Treasury Wine Estate’s (TWE) net sales revenue decreased by 12.8 per cent to approximately £1.3bn, due to reduced shipments across all divisions. The company’s gross profit went…