All City & finance articles – Page 148
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News
Kurt Geiger owner weighs up sale to US fashion powerhouse
The owner of upscale shoe specialist Kurt Geiger is mulling a £450m sale of the retailer to a US fashion group.
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News
Arcadia bank to act as guarantor to suppliers
A banker to Sir Philip Green’s troubled Arcadia fashion empire has agreed to act as a guarantor to suppliers.
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News
Agenda: Sainsbury's, Next and N Brown update the market
Retail Week looks ahead to the next six days with updates on the agenda from Sainsbury’s, Next and N Brown.
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News
Debenhams launches CVA as torrid trading continues
Debenhams has launched its CVA proposal and revealed trading has continued to suffer, with like for likes spiralling in the six months to March.
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News
Cotswold Outdoor owner launches CVA in bid to slash rents
Cotswold Outdoor’s parent company Outdoor & Cycle Concepts has launched a CVA proposal in a bid to stem falling profits, Retail Week has learned.
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News
Amazon posts record profits as first-quarter income doubles
Amazon has posted its fourth successive quarter of record profits as its first-quarter income more than doubled.
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Analysis
Analysis: Has the CMA killed grocery M&A?
The CMA has blocked the proposed merger between big-four titans Sainsbury’s and Asda, saying the union would cause a ’substantial lessening of competition’ in UK grocery. What does its verdict mean for the future of the sector?
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Analysis
Analysis: What next for Sainsbury's and Asda?
Almost a year to the day since unveiling plans for a landmark £13bn merger, Sainsbury’s and Asda have been told they must each go solo.
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Opinion
Opinion: Sainsbury's results could be final act for Coupe and Co
It seems bizarre to even consider describing the full-year results of one of Britain’s largest retailers as a sideshow.
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News
Boohoo full-year profits surge as sales rocket
Boohoo has unveiled another stellar set of full-year results, as pre-tax profits grew 38% and sales soared.
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News
Primark profits jump due to higher margins and increased sales
Primark profits surged 25% during its half year, driven by higher margins and strong sales in its UK and European markets
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News
Darren Topp returns to LK Bennett as chief executive
Former LK Bennett boss Darren Topp has been reappointed to the top job, following its acquisition by a Chinese partner.
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Opinion
Opinion: Bigger margins are not always better
UK retailing is now entrenched in a trend of declining profitability, though many – particularly the investment and landlord communities – remain in denial.
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News
Topshop’s Green offers flagship as pension security
Topshop boss Sir Philip Green has proposed offering the flagship store on London’s Oxford Street as security to his Arcadia group’s pension funds as he seeks to restructure his fashion empire.
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News
Debenhams sale process lambasted by Sports Direct’s Ashley
Sports Direct tycoon Mike Ashley has complained that the administrators of Debenhams are not conducting a “genuine” sale process.
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News
Reiss posts earnings rise as it reins in discounting
Reiss has reported an uplift in full-year sales and profits after it cut discounting and invested in operational improvements.
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News
Indian giant Reliance Retail circles Hamleys
Indian retail titan Reliance Retail is reportedly in late-stage talks with Hamleys to acquire the toy retailer.
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News
Agenda: Primark, Boohoo and Carpetright update the market
Retail Week looks ahead to the next six days with Primark, Boohoo and Carpetright updates on the agenda
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News
Topps Tiles snaps up Strata commercial business
Topps Tiles has bought a controlling stake in tile supplier Strata as it grows its commercial business.
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Analysis
Analysis: Can Topshop get back in fashion?
When you’re forced to buy back a hefty chunk of the jewel in your crown for just 76p, you know that something has gone horribly wrong.