All City & finance articles – Page 151
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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.
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Analysis
Homebase boss McGloughlin confident as losses narrow
As Easter approaches, Homebase chief executive Damian McGloughlin can look forward to DIY retailers’ equivalent of Christmas with more confidence than he could last year.
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Analysis
Analysis: The secrets behind JD Sports' success
JD Sports has posted a stellar set of full-year results as EBITDA rocketed more than £100m and sales sprinted ahead.
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News
JD Sports posts record profits as sales sprint ahead
JD Sports posted a surge in full-year profit spurred by strong sales as boss Peter Cowgill says the business will “continue to exceed consumer expectations”.
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News
Card Factory profits fall against ‘tough' consumer backdrop
Card Factory has recorded a decline in its full-year profits as sluggish customer footfall stunted the retailer’s sales growth.
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News
Monsoon becomes latest retailer to mull potential CVA
Monsoon has said it is looking to “accelerate” the process of its store closures as it mulls a potential CVA in order to restructure its estate.
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News
Lord Rose criticises Mike Ashley for high street ‘oligopoly’ plans
Former Marks & Spencer boss Lord Stuart Rose has lambasted Mike Ashley over his plans to create a UK retail high street “oligopoly”, and said the sector is still too focused on bricks and mortar.
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News
Superdry founder Dunkerton wins City backer
Superdry founder Julian Dunkerton has received support from City backer Oasis Management after rejoining the business.
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Opinion
Opinion: These smaller retailers are the industry's real winners
The retail sector is undergoing an important shift in its evolution, with consumer choice never stronger thanks to a wave of small and nimble operators disrupting established players.
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News
Agenda: JD Sports and Card Factory update the market
Retail Week looks ahead to the next seven days with JD Sports and Card Factory updates on the agenda.
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News
Bonmarché warns Philip Day offer 'undervalues' business
Bonmarché has warned prospective buyer Philip Day that his recent bid “undervalues” the business, but has offered further talks.
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News
Uniqlo issues profit warning after winter discounting
Fast Retailing, the owner of Japanese-based fashion giant Uniqlo, has issued a profit warning after unseasonably warm weather forced it to slash prices for winter clothes.
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News
Arcadia revamps board as Green mulls restructure
Sir Philip Green has recruited two restructuring specialists to the board of Arcadia, as he mulls a potential CVA for his struggling fashion empire.
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Analysis
Analysis: How did Asos get it so wrong?
Following a shock profit warning in December, Asos’ half-year results laid bare the extent of its problems.
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News
WHSmith profits fall amid InMotion acquisition
WHSmith has suffered a fall in half-year profits but insisted it is “well-positioned” to hit full-year expectations.