All City & finance articles – Page 167
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News
Agenda: Asos, Footasylum, Gear4Music and grocery sales
Retail Week looks ahead to the next seven days with updates from Asos, Footasylum and Gear4Music, plus the latest grocery sales data, all on the agenda.
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News
Decathlon drops into the red despite sales rise
Decathlon has fallen to a loss in its full-year as competition from supermarkets hampered its like-for-like sales.
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News
Boots' fourth quarter sales fall as beauty stutters
Boots has recorded declines across its beauty and pharmacy sales, which Walgreens Boots Alliance attributed to “lower prescription volume and a decline in UK pharmacy funding”.
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News
Hamleys plunges to £12m loss as sales fall
Hamleys has swung to a full-year loss in what chief executive Ralph Cunningham described as “one of the most challenging years in UK retail history”.
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News
Coast collapses into administration, 300 jobs at risk
Coast has tumbled into administration following “difficult trading conditions”, putting 300 jobs at risk.
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News
N Brown sustained by financial services as product flops
N Brown was carried by its financial services performance in its half years with product revenues falling.
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News
WHSmith to close high street stores amid falling profits
WHSmith’s high street profits and sales fell during its last year, with the business boosted by its travel arm.
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News
TK Maxx profits drop as it ramps up store estate
TK Maxx has recorded a decline in its full-year profits as it ploughed investment into its IT proposition and bolstered its bricks-and-mortar network.
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News
Wilko swings to red as exceptional costs rack up
Wilko posted a pre-tax loss due to one-off costs as sales rose, in what chief operating officer Sean Toal described as a “tough trading environment”.
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News
Maplin creditors braced for huge losses
Maplin’s creditors will receive just a fraction of the cash they are owed following the electricals specialist’s collapse into administration.
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News
Tapi losses widen amid rapid store expansion
Tapi has suffered widening full-year losses as it pressed ahead with its aggressive store expansion plan.
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News
French Connection sale on cards as Marks eyes exit
French Connection founder Stephen Marks is seeking to sell his 42% stake in the fashion retailer.
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News
Tesco boss Lewis urges tax on products sold online
Tesco chief executive Dave Lewis has urged a tax on products sold online to prevent bricks-and-mortar retailers being destroyed by etail competitors.
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News
Quiz warns on profits as sales growth disappoints
Quiz, the multichannel fashion retailer that floated last year, has issued a profits warning.
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News
Agenda: WHSmith, N Brown and retail sales
Retail Week looks ahead to the next seven days, with updates from WHSmith, N Brown and the latest BRC-KPMG retail sales data all on the agenda.
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Interview
Interview: Ray Kelvin on Ted Baker's 30th anniversary
High street darling Ted Baker turns 30 this year. In three decades it has suffered no major setbacks, never issued a profit warning and made no big redundancy rounds.
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News
DFS profits plunge despite Sofology sales growth
DFS has reported a full-year profits slump, which outgoing boss Ian Filby attributed to “an exceptional downturn in market demand” in the fourth quarter.
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News
Ted Baker profits up despite 'challenging' market
Ted Baker has reported an increase in its interim profits and sales despite what boss Ray Kelvin said were “challenging external trading conditions”.
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News
Retailers not ready for Brexit, 80% of chairmen say
Brexit has spurred the highest level of pessimism in retail chairman since 2012 as over 80% say their businesses are not ready for Brexit.
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Opinion
Opinion: N Brown share price rests on transformation
N Brown has the chance to map out further plans for an online-only future when it unveils its interim results next week.