Posts Tagged ‘profits’
ASOS see their profits rise but their online growth is moderate.
We all know of ASOS, they have good rankings and many of us have used them. But with their online sales moderating and not seeming to have much of an increase, they have been able to see their pre-tax profits soar. Their sales increased by 104% to £165.4 million for the year to 31st March 2009. So far sales are still ahead by 52% even though [...]
Fashion Sales Down in June
After the heatwave, after the start of our summer and still many looking for work .. It's not just the people who are being affected. Fashion is seeing sales drop and in june they dropped once again. Like for like sales are down 1.1% a little more than the average 0.9% across retail sectors. Apparently we have been avoiding splashing out on [...]
John Lewis Suffers under the hot weather
Hot weather, good for us but it seems it's not so good for business as we see sales drop for John Lewis. Overall last week, fashion sales in John Lewis dropped 1.3%, and as we were soaking up the rays on Sunday they lost many customers on their Clearance day. Over this period John lewis sales fell 3.7% to £50.89 million. However John Lewis [...]
Cruise bought out of administration
Cruise, a mini designer outlet, has been bought out of administration. Accountancy firm Deloitte was appointed administrators of the retailer on the 15th May 2009 and the business was immediately acquired by a newly formed company called Cruise Fashion. Cruise managing director John Heath and Cruise finance director Iain Baird are [...]
