Ian Pollard: ASOS Badly Impacted With Online Growth Weakest For Years

ASOS ASC experienced a significant deterioration in “the important trading month of November” and conditions remain challenging. As a result, it has had to reduce expectations for the current financial year. Total retail sales for the 3 months to the end of November rose by 12%, the UK leading the way with a 19% rise […]

Ian Pollard – Churchill China #CHH Smashing Export Records

Churchill China CHH has delivered a strong first half performance and is increasing its interim dividend by 18%. Profit before tax and earnings per share both rose by 24% but perhaps the best news of all is that export revenue which grew by 17%, now represent 63% of group revenue, up from last years 57%. […]

Ian Pollard – Earthport Forced To Dive Deep Into The Jargon Drawer

Earthport EPO like so many companies faced with unexpected problems, management feels forced to dive deep into the jargon drawer in the false belief that if it can express itself in phraseology which only they and a few other of the initiated can understand, readers will be convinced that it must be doing a good […]

Dixons Challenged in UK Mobile Market

Dixons Carphone plc DC  has been facing challenging conditions in the UK mobile phone market as owners hold onto their existing mobiles for longer, partly due to price rises reflecting the weakness of sterling. It may also have something to do with people waking up to the fact that they do not need to change […]

Sainsbury’s Lesson in Retailing

Sainsbury J. SBRY put in a strong performance during the quarter to the 1st July with retail like for like sales growing by 2.3% and grocery sales by an even larger 3%. Online grocery sales surged by 8%. In General merchandising and Clothing, Sainsbury outperformed the market and this was not a one quarter flash […]