Crew Clothing warns on consumer confidence as profit stalls

cityam09-29 19:07

Crew Clothing's former boss described it as 'middle England's Ralph Lauren' Crew Clothing has warned that it could suffer from a significant slowdown in consumer confidence, as the retailer saw profit...

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The firm’s cost of sales rose by eight per cent to 44m.Crew Clothing said its website outperformed its high street business last year, as online sales jumped by 30 per cent, compared to 21 per cent growth in its st","collect":0,"end_time":0,"defaultTopTitle":"cityam.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"ZGEN":"The Generation Z ETF","IEDI":"iShares U.S. Consumer Focused ETF","MILN":"Global X Millennial Consumer ETF","EATZ":"AdvisorShares Restaurant ETF","IYC":"iShares U.S. Consumer Discretionary ETF","VCRPF":"Vanguard Funds PLC","WANT":"Direxion Daily Consumer Discretionary Bull 3X ETF","IBUY":"Amplify Online Retail ETF","VCR":"可选消费ETF-Vanguard","BK4585":"ETF&股票定投概念","FXD":"First Trust Consumer Discretiona","AMCA":"iShares Russell 1000 Pure U.S. Revenue ETF","JHMC":"John Hancock Multifactor Consumer Discretionary ETF","RETL":"Direxion Daily Retail Bull 3X Shares","FDIS":"Fidelity MSCI Consumer Discretionary Index ETF","CLIX":"ProShares Long Online/Short Stores ETF","XLY":"消费品指数ETF-SPDR可选消费品","ONLN":"ProShares Online Retail ETF","DGJL":"FT Vest U.S. Equity Buffer & Digital Return ETF - July","RTH":"零售指数ETF-HOLDRs","XLYI":"The Consumer Discretionary Select Sector SPDR Premium Income Fund","ACSI":"American Customer Satisfaction ETF","RKNG":"Defiance Retail Kings ETF","PEZ":"Invesco Dorsey Wright Consumer Cyclicals Momentum ETF","XLYX":"Corgi U.S. Consumer Discretionary 2x Daily ETF","PSCD":"Invesco S&P SmallCap Consumer Discretionary ETF","GXPD":"Global X PureCap MSCI Consumer Discretionary ETF","RSPD":"Invesco S&P 500 Equal Weight Consumer Discretionary ETF","PEJ":"INVESCO LEISURE AND ENTERTAINMENT ETF","BK4588":"碎股","TRUD":"VanEck Consumer Discretionary TruSector ETF"},"translate_title":"由于利润停滞不前，Crew Clothing 警告消费者信心","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PEJ":1.5,"PSCD":1.5,"ZGEN":1.5,"JHMC":1.5,"ACSI":1.5,"RETL":1.5,"FDIS":1.5,"CLIX":1.5,"AMCA":1.5,"VCRPF":1.5,"TRUD":1.5,"RTH":1.5,"IEDI":1.5,"EATZ":1.5,"RKNG":1.5,"XLY":1.5,"IBUY":1.5,"ONLN":1.5,"RSPD":1.5,"GXPD":1.5,"PEZ":1.5,"WANT":1.5,"XLYX":1.5,"MILN":1.5,"FXD":1.5,"XLYI":1.5,"IYC":1.5,"VCR":1.5,"DGJL":1.5},"content_text":"Crew Clothing's former boss described it as 'middle England's Ralph Lauren' Crew Clothing has warned that it could suffer from a significant slowdown in consumer confidence, as the retailer saw profit stall last year.The high street clothes seller said it is bracing for a potential drop-off in spending, as inflation fears caused by the Iran war tighten shoppers’ budgets. In a statement the firm said: “The retail landscape remains a challenging trading space for many. \n\n“Although Crew’s customers have shown great resilience in the past, the business remains cognisant of potential slowdown in consumer spending as a result of rises in the cost of living and economic pressures.”The retailer’s pre-tax profit remained flat at £25.5m in 2025, despite turnover jumping by a fifth to £151m. The firm’s cost of sales rose by eight per cent to £44m.\n\n\n\n\n\n\nNews Updates\nStay ahead with our three daily briefings delivering all the key market moves, top business and political stories, and incisive analysis straight to your inbox.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nCrew Clothing said its website outperformed its high street business last year, as online sales jumped by 30 per cent, compared to 21 per cent growth in its stores.\n\nRetailers have warned that the summer’s record temperatures drove shoppers away from high streets, though online sellers benefited from the extreme heat.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.50.1","shortVersion":"4.50.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2671214446","isCrawlerRequest":true}