All City & finance articles – Page 138
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News
Quiz expects return to profit despite tough summer trading
Fashion retailer Quiz has said it expects to return to profitable growth in the medium term, despite reporting tough trading over the summer months.
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News
Halfords trims profit forecast amid summer sales slowdown
Halfords has trimmed its profit guidance for the second time this year after blaming poor weather and weak consumer confidence for a slump in sales.
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Analysis
Analysis: How the St James centre will realign Edinburgh retail
The developers behind the new Edinburgh St James shopping centre believe that once completed, the scheme will put the city’s retail offering on the world stage. Retail Week explores how the scheme is playing a part in a wider realignment of the city’s traditional retail hubs.
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News
Green prepares to split up Arcadia fashion empire
Sir Philip Green is plotting to separate retailers within the Arcadia group in a bid to offload different brands.
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News
Agenda: Dunelm, Halfords and Dixons Carphone update the market
Retail Week looks ahead to the next six days with updates from Dixons Carphone and Halfords on the agenda.
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News
Sports Direct boss Mike Ashley faces growing shareholder revolt
A third proxy advisor has called for shareholders to vote against Mike Ashley’s re-appointment as chief executive of Sports Direct at its upcoming annual general meeting (AGM).
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News
Shoe Zone issues profit warning as chief executive exits
Shoe Zone chief executive Nick Davis has resigned from his role as the retailer warns that full-year profits will be below expectations due to “tough high street trading”.
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News
Customer confidence slides amid political upheaval
Customer confidence declined across all measures in August as shoppers’ outlook on their personal finances and the economy faltered.
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Video
Watch: Would FTSE 100 relegation spell disaster for M&S?
As Marks & Spencer teeters on the brink of relegation from the FTSE 100 for the first time in its history, the team discuss what impact it could have on the high street bellwether.
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News
McColl’s sales slip in ‘highly unseasonable summer’
McColl’s has suffered a fall in third-quarter sales, which it blamed on a “highly unseasonable summer” and “ongoing macroeconomic uncertainty”.
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News
Hammerson launches Leeds City Quarters concept
Hammerson has unveiled plans for its latest City Quarters concept in Leeds, which will sit adjacent to its Victoria Gate shopping centre in the city.
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News
Ted Baker strikes Japanese licensing deal to drive growth
Ted Baker is to license its Japanese business, which at present is directly operated, to local partner Sojitz Infinity.
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News
WHSmith posts strong full-year travel performance
WHSmith has reported strong trading at its travel division and performance in line with expectations at its high street arm.
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News
Farfetch denies Barneys acquisition speculation
Online fashion specialist Farfetch has dismissed a report that it was considering acquiring bankrupt US department store business Barneys.
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Opinion
Leader: Time for shareholder interests to take a back seat
Running companies primarily in the interests of shareholders is a business sacred cow that it is perhaps time to put out to grass.
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Opinion
Opinion: Retail property owners need to fix their trust issue
There were many reasons for the 2008 financial crisis. Blame is often laid at the door of the subprime crises in the USA. But look deeper and some point to Bill Clinton repealing the Glass Steagal Act, which in turn, it is suggested, was a response to a lack of meaningful wage growth in middle America.
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News
Agenda: WHSmith and McColl’s update the market
Retail Week looks ahead to the next six days with updates from Morrisons and Superdry on the agenda.
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News
Reiss sales soar as investment pays off
Fashion retailer Reiss has reported a surge in first-half sales.
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News
Mulberry poaches longstanding Ted Baker finance director
Mulberry has appointed longstanding Ted Baker director as its new group finance director.
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News
Laura Ashley slips into the red after homeware arm underperforms
Laura Ashley has reported a full-year pre-tax loss and seen like-for-like and total sales fall, which the retailer’s chair put down to the underperformance of its homeware arm.