All City & finance articles – Page 150
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NewsN Brown profits edge up despite sales decline
N Brown has posted an uptick in full-year profits despite a decline in sales as boss Steve Johnson said a refocus of the group’s strategy is “now required”.
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AnalysisHow Sainsbury's Coupe plans to accelerate performance
Despite being overshadowed by the CMA’s decision to block its planned merger with Asda, Sainsbury’s chief executive Mike Coupe insisted at today’s results that the future is still bright. We take a look at his plans to move the grocer forward.
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NewsSainsbury's Coupe vows to stay despite failed Asda deal
Sainsbury’s boss Mike Coupe has vowed to fight on despite the collapse of the grocer’s proposed merger with Asda.
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NewsSainsbury’s profit nosedives as Asda deal costs mount
Sainsbury’s pre-tax profits have plummeted with like-for-likes dipping in its full-year results.
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OpinionOpinion: How can retailers make the most of venture capital?
Not content with just engaging with startups, many leading corporates are now experimenting with financial investments well outside the day job.
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NewsKurt 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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NewsArcadia 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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NewsAgenda: 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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NewsDebenhams 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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NewsCotswold 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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NewsAmazon 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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AnalysisAnalysis: 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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AnalysisAnalysis: 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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OpinionOpinion: 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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NewsBoohoo 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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NewsPrimark 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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NewsDarren 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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OpinionOpinion: 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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NewsTopshop’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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NewsDebenhams 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.