This ad will be closed automatically in X seconds.

In the news this week… Retail Round-up

Including Moonpig teaming with Zappar and Sports Direct financials.

The Source rounds up some of the key retail stories of the week.

John Lewis has reported an increase in sales of 3.5% year on year to £165.6 million, as online revenue jumped 13.6% for the week ending December 5. Fashion led the way with sales up 5.7%, while home technology and electricals continued to benefit from Black Friday price matching, up 2.8% year on year.

Moonpig has partnered with augmented reality company Zappar on a range of personalised greetings cards and an app. Two ranges of cards will be available in several designs and will include a balloon popping game – featuring Peppa Pig – and a photo feature that allows users tot take selfies with a selection of animals.

Ikea has reported an increase of 11.2% in its full year total sales to €31.9 billion. Including rental income from its shopping centre business, total revenue amounted to €32.7 billion for the year to the end of August, a rise of 11.5%.

Sports Direct has reported a 3.6% pre-tax profit rise to £166.4 million for the first half of its financial year. In the period ending October 25, group revenue rose 0.1% year on year to £1.4 billion. Sports Retail revenue was up 0.2%, while revenue in the brands division increased by 10.2% thanks to growth in Europe and the US. Premium lifestyle revenue was down 12.2%.

UK retail sales dropped by 0.4% on a like for like basis in November, according to figures released by the British Retail Consortium and KPMG. Total growth was below the three-month average of 2% and the 12 month average of 1.7%. Half of the monthly shop price monitor categories showed year on year growth on a total basis, but when online sales were taken out only the furniture and home accessories sectors showed in-store growth.

MORE NEWS
MiffyGaleries500x500
 
Two shop-in-shop activations have opened their doors in Galeries Lafayette Paris Haussmann for the classic brand....
TombRaider500x500
 
Video games developer, Crystal Dynamics, has signed the video game and geek culture specialist agency to represent Tomb Raider products for merchandise licensing....
HarlemGlobetrotters500x500
 
The Harlem Globetrotters - famous for fusing sport and entertainment - have signed with IMG to further develop the brand in anticipation of its 100th anniversary milestone in 2026....
RitaOra500x500
 
Primark is continuing its ongoing fashion collaboration with Rita Ora with a new spring collection combining a fresh floral colour palette with new designs....
F1Topps500x500
 
Formula 1 has confirmed a multi-year renewal of its partnership with Topps, which will see the Fanatics-owned company continue as the official licensee of Formula 1 trading card and sticker collections....
IndianBlockPrinting500x500
 
The Indian Block Print Co. has partnered with The Ashmolean Museum to introduce the May Morris-inspired Indian Block Printing Kit - an exclusive sustainably produced craft kit inspired by the Ashmolean's May Morris collection....
Get the latest news sent to your inbox
Subscribe to our daily newsletter

The list doesn't exist! Make sure you have imported the list on the 'Manage List Forms' page.