All City & finance articles – Page 154
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News
Quiz slashes profit guidance as sales slide
Quiz has launched a review of its business after slashing its full-year profit forecast for the third time in just six months.
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News
Jack Wills swings to loss amid director exodus
Jack Wills swung to a full-year loss in its latest financial year as it battled to compete in a “highly competitive” clothing market.
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Analysis
Opinion: Is Dunkerton Superdry's hero or hindrance?
The war of attrition between Superdry and its co-founder and former product and brand director Julian Dunkerton has reached new heights.
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News
Debenhams warns on profits as funding discussions continue
Debenhams has warned that profits are likely to come in behind expectations as it discusses funding options to restructure its balance sheet.
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News
Retail sales hit by uncertainty around Brexit
Retail sales slipped in February as lingering Brexit uncertainty dented consumer spending.
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News
Findel rejects Sports Direct takeover bid
Findel has rejected the £139m takeover bid that Sports Direct lodged earlier today.
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News
Sports Direct lodges £139m bid for Findel
Sports Direct has made a takeover bid for online retailer Findel, valuing the business at just under £140m.
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News
Superdry: Dunkerton’s return would lead to resignations
Superdry’s management has hit out at founder Julian Dunkerton’s move to call an emergency general meeting, designed to appoint him as a company director.
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News
Agenda: John Lewis, Kantar Nielsen and BRC-KPMG
Retail Week looks ahead to the next seven days, with John Lewis Partnership, BRC-KPMG retail sales and the Kantar Nielsen grocery share data all on the agenda.
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News
Julian Dunkerton musters support for Superdry coup
Superdry co-founder Julian Dunkerton has called on Superdry to hold a general meeting in a bid to convince shareholders to appoint him and Boohoo chair Peter Williams to the board.
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News
LK Bennett to appoint administrators with 500 jobs at risk
LK Bennett has filed notice to appoint administrators, putting 500 jobs at the premium fashion retailer at risk.
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Analysis
Profile: Can Clarks' new boss put it back on the front foot?
As Retail Week revealed this week, Giorgio Presca has taken on the top job at embattled footwear specialist Clarks. We profile the man charged with turning the business around.
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News
Farfetch sales rocket in ‘blockbuster' year
Farfetch has reported soaring sales in what founder, chief executive and co-chair José Neves described as a “blockbuster” year.
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Video
Watch: Is M&S-Ocado deal transformation or desperation?
Marks & Spencer and Ocado have joined forces on a £1.5bn online grocery venture – but does the move represent true transformation or an act of desperation?
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News
Rowe: Ocado deal 'boldest moment' of M&S transformation
Marks & Spencer boss Steve Rowe has hailed the retailer’s online grocery venture with Ocado as the “biggest and boldest moment” in its digital transformation plan.
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News
Ted Baker cautions on profits amid currency movements
Ted Baker has cautioned full-year profits will come in below expectations after being “adversely affected” by non-cash factors.
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Analysis
Analysis: How will shopping centre flux impact retailers?
Property giants Hammerson and Intu intend to sell off a raft of assets and ramp up their focus on residential units and hotels in an effort to rejuvenate their portfolios including flagship malls. Retail Week examines what the strategy means for the future of retailers in shopping centres.
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News
Shop price inflation rates highest in six years
The rate of shop price inflation hit a six-year high in February due to economic uncertainty and ongoing supply chain issues.
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News
Hotel Chocolat posts rise in first-half profits
Hotel Chocolat has reported an increase in interim earnings after delivering a strong Christmas.
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News
Wickes takes profit hit in ‘extremely challenging’ year
Profits at Travis Perkins’ retail division – DIY giant Wickes and specialist retailer Tile Giant – fell last year in “extremely challenging” market conditions.