All City & finance articles
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News
Quiz is quitting the stock exchange to cut costs
Fashion retailer Quiz intends to cancel its listing on the AIM stock market and operate as a private company instead.
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News
Boohoo has strengthened its balance sheet with office sale
Fashion retailer Boohoo has sold its office in London, helping the retailer to bolster its balance sheet.
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News
Boohoo shareholders have given a slap in the face to Frasers Group
Attempts by Frasers Group to install founder Mike Ahsley on the board of online fashion specialist Boohoo have been rebuffed.
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News
N Brown has received the green light to be taken private
Fashion retailer N Brown has received approval today for the business to be acquired and taken private by one of its non-executive directors and shareholders.
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News
Network Rail retail sales have jumped ahead of Christmas rush
Network Rail Property saw a double-digit uplift in retail sales across its 19 managed stations over the summer ahead of the Christmas peak.
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News
Nike is vowing to ‘return sport to the centre of everything we do’ as sales fall
Nike’s new boss has pledged to act fast to restore the trainer brand and retail giant’s fortunes as he reported a quarterly sales fall.
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Opinion
‘A Christmas profit warning is inauspicious, but retail has reasons to be cheerful about 2025’
Despite a hefty profit warning from Shoe Zone, as long as retailers overall meet muted Christmas expectations then City appetite for their shares could pick up in the new year, writes George MacDonald
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News
The Body Shop is ‘back in profit baby!’ new boss reveals
Ethical cosmetics specialist The Body Shop is back in the black – albeit over a short period.
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News
Shoe Zone will close stores and slash jobs after profit warning
Struggling footwear retailer Shoe Zone has issued a profit warning and said it plans to close “a number of stores” due to increased costs related to the Budget.
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News
Landsec snaps up majority stake in shopping centre for £490m
Landsec has snapped up a majority stake in shopping centre Liverpool One in a deal worth £490m.
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News
UK businesses slashing staff at fastest rate in years after Budget
UK businesses are slashing staff numbers at the fastest rate since the global financial crisis, according to a new survey which blames the government’s October Budget.
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Analysis
Golden quarter trading: does a bumper Black Friday mean a flat Christmas?
Black Friday was huge this year as bargain hunters hit the streets (and the sites) on a mission to get the bulk of their Christmas gift shopping behind them. But is Black Friday’s gain at the expense of the crucial shopping spend in the weeks before Christmas?
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News
Boohoo’s London office buyer has walked away from the £60m sale
Boohoo’s financial recovery efforts are under pressure after a potential property investor abandoned negotiations to purchase its London office.
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News
In The Style has slashed jobs as its losses narrow, but what about sales?
Fashion retailer In The Style has reported a number of job cuts during the full year as its losses narrowed but sales continued to tumble.
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News
Shein’s London IPO is facing further delays due to new supply chain questions
The approval of Shein’s IPO has been delayed due to unanswered questions around its supply chain and legal risks as a result of challenges by a new advocacy group for China’s Uyghur population.
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Analysis
Warsaw pact: How Poundland’s poor performance is starting to weaken its Pepco alliance
While its parent company Pepco is flying, Poundland has problems. Why is the high street value staple performing so badly at a time when it should be going from strength to strength?
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News
ProCook sales have jumped as Christmas trading momentum picks up
ProCook has said trading momentum has picked up and posted an increase in first-half sales during a strong golden quarter.
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News
Inditex has reported a strong start to Christmas trading as sales and profits soar
Zara owner Inditex has reported a strong start to festive trading, as sales and profits soared over the year.
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News
Moonpig has swung to a loss despite rise in sales
Online greetings card retailer Moonpig has swung to a half year loss as its experiences arm struggles amid “difficult” trading conditions.
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News
Boohoo has urged shareholders to consider Frasers Group's 'true motivation'
Boohoo has written to shareholders urging them to consider the “true motivation” behind Frasers’ behaviour as they prepare to vote for Mike Ashley’s resolutions at a general meeting tomorrow.