All City & finance articles – Page 195
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News
Next full-price sales edge up in third quarter
Next’s full-price sales advanced 1.3% in the 12 weeks to October 29, driven once again by growth at its healthy Directory business.
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Opinion
Sainsbury's lights right fuses, but don't expect fireworks
Bonfire night may be just around the corner, but don’t expect too many fireworks from Sainsbury’s when it updates the market this week.
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News
Reiss profits drop amid global openings
Reiss’ profits dropped last year despite rising sales as the retailer ploughed investment into global openings.
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News
Consumer confidence slips amid fears over UK economy
Consumer confidence declined further in October as concern over the UK economy took its toll on shoppers’ outlook.
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News
Debenhams shares may prove costly for Sports Direct
Sports Direct acquired shares in department store group Debenhams last week and might have paid more than they are worth.
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News
Today in retail: Frenetic Friday for Wilko and Jigsaw
Retailers are living in turbulent times – and a frenetic Friday has only added to the sense of struggle.
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News
Jigsaw owner puts fashion chain up for sale
Jigsaw is on the hunt for a new owner as the high street chain grapples with an increasingly turbulent fashion market.
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News
Amazon profits fall despite third-quarter sales surge
Amazon profits fell in its third quarter but shares in the business soared as it beat market expectations.
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News
Footasylum set for £170m valuation on AIM
Footasylum expects its market capitalisation to be £171.3m when it launches its IPO on AIM next week at the price of £1.64 per share.
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News
Shopper spending power falls as inflation bites
Consumers’ disposable income fell in 10 out of 12 UK regions last month as gains in salary were offset by the rising cost of household bills.
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Analysis
Buy, sell or hold? Sports Direct takes stock of shares
Sports Direct has drafted in a head of strategic investments to review the shareholdings the retailer has built up in other businesses.
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News
Agenda: Morrisons and Next update the market
Retail Week looks ahead to the next seven days, with third quarter updates from Morrisons and Next on the agenda.
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News
Selfridges profits jump as investment plan pays off
Selfridges has posted a jump in profits as its ambitious investment strategy began to bear fruit.
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News
New Sports Direct hire to review strategic stakes
Sports Direct has recruited a head of strategic investments who will review all the retailer’s stakes in other businesses.
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News
Debenhams posts profits fall but new strategy bearing fruit
Debenhams has suffered a fall in full-year profits but boss Sergio Bucher is pleased with the progress of his new strategy to reinvigorate the business.
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News
M&S fashion head leaves to run White Stuff
Marks & Spencer fashion boss Jo Jenkins is quitting the bellwether retailer to take the reins at White Stuff.
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Opinion
Opinion: New Look is right to turn to an old face
We’ve been here before. With New Look battered, bruised and seemingly on the ropes, the embattled business desperately needs a saviour.
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News
Carpetright revamps beds offer with shop-in-shop pilot
Carpetright is taking steps to shake up its beds proposition starting with an ‘under the radar’ trial of a new concept at eight stores.
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Opinion
Opinion: Investors will race for a stake in Footasylum
JD Sports founders John Wardle and David Makin are going for gold a second time by running back to the stock market with Footasylum.
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News
Today in retail: Business groups apply Brexit pressure
As if it wasn’t already feeling the heat, the Government is now under even more pressure to quickly secure a Brexit deal.