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Debenhams in third profit warning amid difficult Q3

2018-06-19 12:56:00| Daily apparel & textile news and comment - from just-style.com

Shares in Debenhams tumbled by 12% in early trading this morning (19 June) as the British department store group said it expects to miss full-year profit forecasts in what will be the retailer's third profit warning this year.

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Debenhams issues another profit warning

2018-06-19 10:02:32| BBC News | Business | UK Edition

Its third profit warning this year comes amid "exceptionally difficult times" for the UK retail sector.

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Airlines slash profit forecast over rising costs

2018-06-04 10:02:15| BBC News | Business | UK Edition

The industry's trade body, IATA, cuts its 2018 forecast for airline profits amid rising fuel and labour costs.

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Dixons Carphone warns for further fall in profit as new CEO looks took turn around UK performance

2018-05-29 10:27:00| Telecompaper Headlines

(Telecompaper) Retailer Dixons Carphone has warned for a sharp fall in profit in the year to April 2019, hurt by a weak UK market and a number of one-time items. Headline pretax profit is expected to drop to around GBP 300 million from GBP 382 million in the past year, the company said, prompting an over 20 percent fall in its share price. The recently appointed CEO Alex Baldock said after eight weeks in the job "though there's plenty to fix, it's all fixable". 

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Arcadia Group in FY profit slip

2018-05-24 13:03:00| Daily apparel & textile news and comment - from just-style.com

Arcadia Group, owner of the Topshop and Miss Selfridge brands, saw earnings slide last year as the retail giant struggled in what has been a challenging period for the high street.

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