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Gucci suffered a Christmas sales slump as super-rich tourists were forced to stay home By Tom Witherow For The Daily Mail Published: 22:05 GMT, 17 February 2021 | Updated: 22:30 GMT, 17 February 2021 Gucci sales fell over Christmas as the collapse in super-rich tourists heading to London, Paris, Milan and New York hit business … Read more
Burberry repays Bank of England loan after a sales bounce-back in China By Daily Mail City & Finance Reporter Published: 21:50 GMT, 14 February 2021 | Updated: 21:50 GMT, 14 February 2021 Boost: Burberry’s online sales in China grew by a ‘triple digit’ percentage in the third quarter Burberry has repaid its Bank of England loan … Read more
Rishi Sunak considers extending the stamp duty holiday to prevent buyers dropping out of home sales if they miss the March deadline The Chancellor fears transactions worth billions are at risk with current deadline He is considering extending the holiday until mid-May to help buyers The current March 31 deadline could cause a ‘completion trap’ … Read more
L’Oreal saw profits fall in 2020 after make-up sales, in particular lipstick, took a hit during the pandemic By Daily Mail City & Finance Reporter Published: 21:54 GMT, 12 February 2021 | Updated: 21:54 GMT, 12 February 2021 L’Oreal saw profits fall in 2020 after make-up sales, in particular lipstick, took a hit during the … Read more
BUSINESS LIVE: AstraZeneca reports profit climb; Royal Mail revenues rise; Ted Baker sales fall by almost half By This Is Money Published: 08:15 GMT, 11 February 2021 | Updated: 08:45 GMT, 11 February 2021 AstraZeneca has revealed annual profits more than doubled in 2020 thanks to strong performances in oncology and biopharmaceuticals helping to cushion the … Read more
Average property prices continued to rise everywhere in the country apart from London in the past month, new findings have suggested. But despite remaining open throughout the latest lockdown, the property market has started off 2021 on a ‘weaker footing’, with sales, listings and interest from prospective buyers waning, the Royal Institute of Chartered Surveyors … Read more
Nissan has on Thursday celebrated the sale of its one millionth sport utility crossover vehicle to UK customers – the first car brand to achieve the major milestone. The achievement by the trio of Qashqai, Juke and X-Trail has been made in the run up to next week’s unveiling of the new third generation Nissan … Read more
‘No justification for prolonged closures’: Pub industry demands firm reopening date as beer sales plummet to lowest level since the 1920s Pub beer sales down 56% last year compared to 2019, the BBPA says BBPA says the ongoing shutdowns in the sector cannot be justified Sector wants a firm reopening date and ongoing support from … Read more
Ocado delivers record sales – but still manages to make a £44m loss after investing in technology By Tom Witherow For The Daily Mail Published: 23:15 GMT, 9 February 2021 | Updated: 23:15 GMT, 9 February 2021 Ocado posted sales of more than £2billion for the first time despite losing customers in the pandemic. Revenues … Read more
Second-hand car sales slide 15% as coronavirus wipes almost 2 MILLION new and used vehicle transactions off the books in 2020 Used car transactions fell to 6,752,959 models last year – down 1,182,146 on 2019 Second-hand car sales compounds a 30% decline in registrations in 2020 Trade bosses have already described it as a ‘lost … Read more