All City & finance articles – Page 194
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News
Burberry profits rise as it reveals new strategy
Burberry’s profits and sales have risen, with the luxury group setting out a transformation plan for its future growth.
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News
M&S profits slip as finance boss Weir steps down
Marks & Spencer has posted a fall in half-year profitability and revealed that its chief finance officer Helen Weir is quitting the business.
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News
Hobbs bought by Phase Eight and Whistles owner Foschini
Phase Eight and Whistles owner The Foschini Group (TFG) has acquired upmarket womenswear retailer Hobbs for an undisclosed sum.
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News
Primark profits rise and sales jump driven by UK
Primark recorded healthy rises in its preliminary profits and sales bolstered by its UK division, which defied the wider fashion downturn.
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News
Conviviality sales fizz fuelled by store upgrades
Conviviality has posted strong sales and like-for-like growth at the half-year mark as its store improvement strategy bears fruit.
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Opinion
Opinion: Next can’t keep blaming it on the weatherman
“Maybe I can pray. Maybe I can wait. Maybe I can blame it on the weatherman.”
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Opinion
M&S: Norman and Rowe could be a dynamic duo
Marks & Spencer takes centre stage this week when it unveils interim results on Wednesday.
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News
Gap’s UK losses widen as sales tumble
Gap’s UK losses have widened amid falling sales as the US-headquartered retailer grapples with a punishing fashion market.
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Opinion
The interest rate rise is a poor excuse for retailers
Moaning about a minuscule rise in interest rates is little more than looking for an excuse for poor performance, says John Ryan.
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News
Marks & Spencer expected to push on with store closures
Marks & Spencer is expected to drive on with a store closure plan and the shutters could come down on more branches.
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News
Footasylum shares surge on stock market debut
Footasylum shares soared on the retailer’s stock market debut, valuing the business at close to £200m.
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News
Apple profits spike as it predicts record festive sales
Apple has posted a spike in fourth-quarter earnings and predicted record sales during the golden quarter, despite whispers of sluggish demand for new iPhones.
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News
Agenda: Primark, New Look, M&S and Sainsbury's
Retail Week looks ahead to the next seven days, with updates from Primark, New Look, M&S, Sainsbury’s and Halfords on the agenda.
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News
Tesco's Lewis kept in dark over inflated profits, court told
Tesco boss Dave Lewis was kept in the dark about inaccuracies in the grocer’s 2014/15 half-year accounts, a court heard today.
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Analysis
Analysis: How the interest rate hike will affect retail
The Bank of England issued its first base interest rate rise in a decade earlier today, upping it to 0.5%.
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News
Oasis and Coast unveil profit lift as Warehouse falters
Oasis was the fashion group’s star performer in the year to February 28, 2017, registering a jump in profit and sales.
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News
Bank of England hikes interest rates to 0.5%
The Bank of England has increased interest rates for the first time in more than a decade.
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News
Opinion: Morrisons excels in playing to its strengths
Morrisons posted an eighth consecutive quarter of sales growth today as it built further trading momentum. Bryan Roberts assesses the grocer’s progress.
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News
Morrisons' Potts shrugs off potential interest rate hike
Morrisons boss David Potts has downplayed the impact a potential rise in interest rates could have on its progress.
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News
Morrisons sales rise as price campaigns gain traction
Morrisons has posted a jump in third-quarter sales as it hailed progress in becoming “more competitive” on price.