All City & finance articles – Page 183
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News
Bonmarché sales fall as store performance slumps
Bonmarché has suffered a decline in full-year sales as online growth failed to offset “disappointing” performance across its store portfolio.
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NewsHouse of Fraser drafts in advisers as it mulls CVA
House of Fraser has drafted in advisers as the embattled department store business ramps up its turnaround plans.
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NewsMothercare chairman steps down with immediate effect
Mothercare chairman Alan Parker has left the post with immediate effect.
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OpinionOpinion: Boohoo's fashion prowess will spell success
Manchester etail phenomenon Boohoo will report its final results next week and is expected to reveal soaring sales and profits.
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NewsNew Look dealt fresh blow as credit insurance cut
New Look has had its credit insurance cut just weeks after a company voluntary arrangement (CVA) aimed at improving its fortunes was voted through.
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NewsHammerson board makes U-turn on £3.4bn Intu deal
Hammerson has made a dramatic U-turn on its proposed acquisition of Intu, claiming the deal is “no longer in the best interests of shareholders”.
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NewsPrimark like-for-likes hit but UK market holds up
Primark’s global like-for-likes were hit by both warm and cold weather during its half year but the UK market generated increased comparative sales.
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NewsJD profits and sales soar as global expansion pays off
JD Sports’ profits and sales have rocketed over its full year as international deals generated a record period.
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NewsSelect to slash rents as CVA voted through
Select’s creditors have voted through a CVA designed to cut its rental costs and save 2,000 jobs.
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NewsBurberry names former Kingfisher boss as new chairman
Burberry has named former Kingfisher chief executive Gerry Murphy as chairman designate.
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NewsBunnings calls in consultants to boost UK business
Bunnings has drafted in consultants to advise its senior leadership team in the UK as the Australian DIY giant attempts to revive its British business.
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NewsKlépierre abandons bid for rival mall owner Hammerson
Klépierre has pulled the plug on its attempts to buy Hammerson – paving the way for the latter to complete its acquisition of rival Intu.
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NewsGame’s largest shareholder disposes of stake
Game’s largest shareholder has disposed of its entire stake in the business, leaving mogul Mike Ashley as the largest single influence on its board.
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NewsAgenda: Primark, JD Sports, Debenhams and Bonmarché
Retail Week looks ahead to the next seven days, with updates from Primark, JD Sports, Debenhams and Bonmarché on the agenda.
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NewsWill Carpetright’s CVA put it on a firmer footing?
Troubled Carpetright has today put forward a proposal to close nearly a quarter of its stores and renegotiate rents on a chunk of others through a CVA – a controversial restructuring tool.
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AnalysisAnalysis: Why Asos' rising capex will pay dividends
Asos has revealed another set of strong results and chief executive Nick Beighton was on bullish form.
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NewsToys R Us to close remaining UK stores this month
Toys R Us UK will pull down the shutters on its stores for the final time in less than a fortnight.
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NewsCarpetright to axe 90 stores under CVA plan
Carpetright plans to shutter more than 90 stores and slash rents at more than 100 other sites amid a “fundamental restructuring” of its property portfolio.
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NewsAnalysis: Tesco aims to 'unlock new growth' with Booker
For the first time in what feels like an eternity, a Tesco chief executive was able to present full-year results today without a cloud hanging over his head.
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OpinionClive Black: Tesco's Chas and Dave hit the right note
Tesco’s results represented another year of good, solid, sound, detailed progress by the business.