Another day, another profit warning. This time it was budget fashion retailer Bonmarché Holdings serving up bad news with the firm saying its Black Friday trading figures were “extremely poor, particularly in stores”.
The power of luxury e-tail met the unstoppable force of sneaker and streetwear culture this week as newly-listed Farfetch said it's paying $250m in cash and shares for sneaker/streetwear marketplace Stadium Goods.
Upscale footwear specialist Russell & Bromley saw a third consecutive year of declining sales in 2017 with revenue falling to £100.6 million while operating profit dropped by £11.6 million to only £6.7 million.
The Christmas shopping season doesn't seem to be getting any better for John Lewis. After a strong Black Friday, it seems to have slipped back with a series of weekly reports in which sales have been sluggish at best.