Topps Tiles experiences a significant financial setback due to reduced market activity, with volumes falling short of pre-pandemic figures.The company reports a pre-tax loss of £16.2…
Browsing: consumer confidence
Retail sales in October declined as consumers showed caution due to upcoming Budget decisions.Retail sales volumes decreased by 0.7% in October after a slight rise in…
Consumer confidence shows signs of improvement ahead of Black Friday 2024, as reflected in the latest GfK Consumer Confidence Index.The index measuring personal finances over the…
In November, UK consumer confidence saw a notable increase, suggesting a more positive outlook as Black Friday approaches.Data from GfK indicated household confidence rising three points…
Retail leaders are optimistic about Christmas spending in 2024.Inflation has eased, boosting shopper confidence and spending intentions.Sales predictions expect a 4% increase, despite economic challenges.Fashion, beauty,…
Mulberry continues to face financial challenges, reporting a significant operating loss for the first half of 2024.The British luxury brand’s operating loss reached £13.1 million, a…
The UK’s economic growth witnessed a sharp slowdown in the third quarter of 2024, as latest figures reveal.GDP rose just 0.1% between June and September, a…
Asos faces a challenging period with an 18% drop in UK orders and declining revenues, yet remains optimistic about its strategic adjustments.The company’s full-year revenue fell…
UK consumer sentiment weakens as concerns over tax hikes grow prior to Labour’s Budget.Chancellor Rachel Reeves is preparing for significant fiscal adjustments.GfK’s survey indicates heightened economic…
Consumer confidence in the UK has waned as anticipation builds for Labour’s upcoming Budget.The GfK consumer confidence index saw a decline, reflecting concerns over potential tax…