All City & finance articles – Page 153
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News
Co-op revival continues as profitability ‘exceeds expectations’
The Co-op has said its profitability “exceeded expectations” in 2018, driven by its acquisition of grocery wholesaler Nisa and strong performance in food.
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News
Former Superdry boss Sutherland in line for £730,000 payoff
Superdry’s former chief executive Euan Sutherland is set to receive a £730,000 payoff from the fashion brand, after his resignation at the reappointment of Julian Dunkerton.
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News
AO sales peak as Europe drives growth
AO.com expects revenues to rise this year thanks to a growth spurt in Europe.
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News
Mothercare sales fall as it claims 'significant progress'
Mothercare like for likes fell in its fourth quarter but the retailer hailed “significant strategic progress and full-year profit in line with market expectations”.
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Opinion
Opinion: Philip Day has given Bonmarché a lifeline
Philip Day has secured the survival of previously written-off brands such as Jane Norman, Peacocks and Jaeger despite stronger competition and downbeat consumer sentiment.
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Opinion
Opinion: He won the battle – now begins Dunkerton's war
Julian Dunkerton has won his campaign to return to the business he co-founded, having engineered a boardroom coup.
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News
Boots owner suffers 'most difficult quarter'
Boots owner Walgreens Boots Alliance has slashed earnings guidance following the “most difficult quarter” since its creation in 2014.
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News
Office Outlet axes stores and jobs as sale hopes fade
Office Outlet is to shutter 16 stores and axe 160 jobs after administrators conceded that hopes of selling the business were fading.
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News
Dunkerton victorious in Superdry board battle
Superdry co-founder Julian Dunkerton is poised to return to the business following an EGM showdown with the board today.
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News
Philip Day makes £5.7m swoop on Bonmarché
Philip Day has launched a takeover bid for Bonmarché after swooping on more than half of the embattled retailer’s shares.
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News
Findel garners Schroders support as it fights off Ashley
Online shopping retailer Findel has won the support of its second-largest shareholder, institutional investor Schroders, in a showdown with Mike Ashley.
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News
Agenda: Superdry extraordinary general meeting and Topps Tiles
Retail Week looks ahead to the next seven days with Superdry’s EGM and Topps Tiles’ trading update on the agenda.
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News
'I'm confident we'll win': Dunkerton secures shareholder support
Julian Dunkerton’s bid to return to Superdry has won the backing of City investors Investec and Schroders ahead of next week’s crunch EGM.
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News
Select on brink of collapse putting 2,000 jobs at risk
Select is on the brink of collapse after filing a notice of intention to appoint administrators, Retail Week has learned.
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News
Debenhams to Ashley: Back us or it's an administration
If Debenhams cannot strike an agreement with top shareholder Mike Ashley, a pre-pack administration is likely.
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News
Update: Ashley lashes out as Debenhams refinancing plans backed
Mike Ashley has slammed Debenhams advisers after bondholders backed the embattled retailer’s £200m refinancing plans.
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News
Dune makes rescue bid for LK Bennett
Footwear chain Dune has launched a bid to rescue LK Bennett from administration.
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News
Sports Direct considers £61.4m offer for Debenhams
Sports Direct is weighing up an offer for Debenhams that would value the department store group at £61.4m.
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News
Analysis: Is Gormley's strategy Majestic or misguided?
When Rowan Gormley took the reins at Majestic Wine, then-chair Phil Wrigley claimed the new boss had been “handed the keys to the Ferrari”.
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Opinion
Opinion: Debenhams vs Mike Ashley – who to back?
It is beyond belief that Debenhams has constantly slammed the door shut on Sports Direct tycoon Mike Ashley’s attempts to help it through its difficulties.