News | Latest Breaking News Stories & Headlines

Jameson Whiskey selling well in the US, latest Pernod Ricard results show

US lifts Pernod Ricard sales, but China difficult

French spirits group Pernod Ricard expects sales to improve gradually this financial year in its main market of the US and in Europe.

Business • 22 Oct 15

The department store chain today reported full-year pre-tax profits of £113.5m

Debenhams' CEO Sharp to step down next year

Department store group Debenhams said its chief executive Michael Sharp would step down sometime next year following media reports that investors wanted a change at the top of the company.

Business • 22 Oct 15

Pizza chain's Irish like-for-like sales rose by 14.1% for the 13 weeks to September 27

Domino's Pizza Group sees upbeat full-year results

Domino's Pizza Group said it expected full-year results to be ahead of its expectations after a strong third quarter boosted by a surge in online sales.

Business • 14 Oct 15

The German carmaker needs to fix software that allowed it to cheat emissions tests, the discovery of which has sparked the biggest business crisis in its 78-year history

VW under pressure to give details of refit plan

Volkswagen is under pressure to give details within the next week of its plan to refit up to 11 million diesel vehicles, with its US chief due to testify to lawmakers next Thursday and German regulators also demanding swift action.

Business • 02 Oct 15

New iPhone is set to go on sale in Ireland on October 9

Apple reports record sales of iPhones 6s

Apple said today it sold more than 13 million iPhone 6s and 6s Plus during the first weekend on the market, a new record for the product.

Business • 28 Sep 15

Hennes & Mauritz sales edge 1% higher in August

H&M's August sales growth weakest in two years

Fashion retailer Hennes & Mauritz has today reported its weakest monthly sales growth in more than two years, citing unseasonably warm weather in many of its large markets in Europe.

Business • 15 Sep 15

Dixons Carphone beats first quarter sales forecast

Dixons Carphone's Q1 sales beat forecasts

Dixons Carphone today reported a consensus-beating 8% rise in first quarter underlying sales, led by a strong showing in its home market Britain.

Business • 10 Sep 15

Next reports a pre-tax profit of £347.1m in the six months to July

Next reports 7% rise in half yearly profits

Clothing retailer Next has posted a 7.1% rise in first-half profit after selling more products than expected at their full price.

Business • 10 Sep 15

Etsy has become a marketplace for people looking to sell craft products online

Etsy's losses double on higher ad spending

Crafts shopping website operator Etsy’s quarterly loss doubled due to higher marketing expenses and the company said these costs would only increase in the current quarter.

Business • 05 Aug 15

Burberry's retail revenue in the three months to June rose by 8% to £407m

Burberry sales growth down as Hong Kong slows

Burberry today reported a slowdown in underlying first quarter retail revenue growth, held back by a further deterioration of the high margin Hong Kong market.

Business • 15 Jul 15

Poundland reports underlying pre-tax profits of £43.7m for the year to the end of March

Poundland cautious on first half outlook

UK discount retailer Poundland met forecasts with a 19% rise in annual profit, though the firm cautioned that it expects the first half to be subdued.

Business • 18 Jun 15

H&M's second quarter sales rose by 21%, beating forecasts

H&M's sales rise more than expected

The world's second-biggest fashion retailer Hennes & Mauritz today reported a bigger rise than expected in May sales in local currencies.

Business • 15 Jun 15

Sales at stores open over a year fell 2.1% in Sainsbury's first fiscal quarter

Sainsbury's sales fall for sixth quarter in a row

British supermarket Sainsbury's today posted a sixth quarter of declining underlying sales in a row as deflation continued to weigh on the business.

Business • 10 Jun 15

Sales at stores open over a year were up 9% in the 17 weeks to May, Dixons Carphone's fiscal fourth quarter

Dixons Carphone raises profit guidance

Dixons Carphone, the European electricals and mobile phone retailer, has raised its profit guidance for its 2014-15 year after quarterly trading smashed expectations.

Business • 03 Jun 15

Amazon posts a loss of $57m for the first three months of the year

Amazon cloud services drive 15% jump in Q1 sales

Amazon said last night that strong gains in its market-leading cloud computing services helped drive a 15% rise in total sales in the first quarter.

Business • 24 Apr 15

Nestle today reported growth of 2.5% in developed markets and 6.7% in emerging markets

Nestle first quarter sales up more than expected

Nestle, the world's leading packaged food maker, today reported slightly better than expected first-quarter sales.

Business • 17 Apr 15

Mothercare reports 5.1% rise in underlying fourth quarter sales

Mothercare turnaround continues as UK sales rise

Mothercare showed further signs of a turnaround in its troubled UK business today, posting a 5.1% rise in underlying fourth quarter sales.

Business • 16 Apr 15

Debenhams posts pretax profit for the 26 weeks to February 28 of £88.9m

Debenhams posts H1 profit rise ahead of forecasts

Debenhams, Britain's second biggest department stores chain, posted a better than expected rise in first-half profit as its strategy of running fewer promotions boosted full-price sales.

Business • 16 Apr 15

UK discount retailer Poundland trades as Dealz in Ireland

Poundland sales pass £1 billion mark

Poundland said it expected to meet full-year profit expectations as a rise in fourth quarter sales took annual revenue over the £1 billion mark for the first time.

Business • 14 Apr 15

Analysts had expected general merchandise sales to fall at Marks & Spencer

M&S registers surprise growth in clothing sales

Marks & Spencer has registered a surprise improvement in sales at its clothing division - the first rise in more than three years of trading.

Business • 02 Apr 15

Next seeing sales growth both in its shops and internet business

Next cautious on new year as annual profits rise

Clothing retailer Next today met its guidance with a 12.5% rise in full year profits, powered by sales growth at both its stores and Directory internet business.

Business • 19 Mar 15

Like-for-like sales at its bigger Argos chain fell 5% in the eight weeks to the end of February

Argos-owner posts big drop in year-end sales

Household goods retailer Home Retail delivered a weaker than expected finish to the year at both its Argos and Homebase chains.

Business • 12 Mar 15

Lego Friends - widely seen to be targeted at girls - was one of the firm's best selling lines last year

Lego revenue up on increased sales, movie success

Denmark's Lego said it expected to keep outperforming rivals thanks to strong growth in Asia, a successful movie launch and increased sales of toys targeted at girls.

Business • 25 Feb 15

Nestle CEO Paul Bulcke at the 2014 results press conference in Vevey, Switzerland

Nestlé makes €13.4bn profit despite drop in sales

The world's leading food industry group Nestlé has posted a soaring net profit for 2014, boosted by the sell-off of its stake in French cosmetics group L'Oreal.

Business • 19 Feb 15

Heineken's sales and profits were broadly flat in western Europe

Heineken sees sales growth slowing in 2015

Heineken, the world's third-largest brewer, forecast its beer sales and profit margins would grow by a slower rate in 2015.

Business • 11 Feb 15