All City & finance articles – Page 161
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News
Boots launches cost-cutting exercise as profits fall
Boots will embark on a cost-cutting strategy after global profits fell because of tough UK trading conditions.
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News
United Carpets profits plunge but recent trading rallies
Profits plunged from £589,000 to £121,000 at United Carpets, the UK’s third biggest flooring retailer, after a “very challenging” first half but it sees “encouraging signs” in recent performance.
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News
Online sales growth hits seven-year low in November
Online retail has suffered its worst November sales growth since 2011 after lacklustre Black Friday trading.
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News
H&M records fourth-quarter sales increase
H&M posted a rise in sales in its final financial quarter but did not provide guidance on its full-year profit expectations.
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Analysis
Analysis: What do Asos' woes mean for fashion retail?
’When stock market darling and fast-fashion powerhouse Asos issues a shock profit warning just before Christmas, you know times are bad.
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News
Asos warns on profits after tough November trading
Asos has issued a profit warning after torrid trading conditions in November.
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News
Debenhams chair Cheshire tells Ashley: ‘Put up or shut up’
Debenhams chairman Sir Ian Cheshire has told Sports Direct tycoon Mike Ashley to make a formal offer for the department store group if he wants to take control.
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News
Ashley pleads with Debenhams boss – accept our help or fail
Mike Ashley has written to the board of Debenhams, urging them to accept funds from Sports Direct or risk not surviving.
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News
Sports Direct reveals first-half profits boost
Sports Direct has reported a rise in first-half earnings but cautioned that there will be “significant challenges” in turning around House of Fraser.
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News
Ocado posts fourth-quarter sales rise as orders increase
Ocado has reported a 12% increase in sales during its fourth quarter.
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News
Bonmarché warns on profits as Brexit fears take toll
Fashion retailer Bonmarché has warned that it may plunge into loss this year in “unprecedented” trading conditions.
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Analysis
Analysis: How Baldock aims to reboot Dixons Carphone
When Alex Baldock joined Dixons Carphone as chief executive in April he faced a baptism of fire.
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News
Cath Kidston losses widen due to weak pound
Cath Kidston recorded increased full-year losses despite a rise in sales and “significant growth in ecommerce”.