All City & finance articles – Page 202
-
NewsToys R Us hires lawyers to explore US restructuring
Toys R Us in the US has hired lawyers to explore restructuring options ranging from bankruptcy to raising financing and restructuring debt.
-
NewsKoovs full-year sales rocket but losses remain
Koovs has revealed soaring full-year sales and steady losses as it aims for profitability in 2020.
-
OpinionOpinion: Next won’t keep pace while overspaced
Moving out of retail’s typically slower summer months, the City is gearing up for a flurry of financial updates next week.
-
NewsSports Direct chair Hellawell secures investor backing
Sports Direct’s chairman Keith Hellawell has been re-elected as chairman by the retailer’s independent shareholders at today’s AGM.
-
NewsSports Direct reiterates profit ambitions ahead of AGM
Sports Direct said sales at its new stores “exceed our expectations” amid growing calls for chairman Keith Hellawell to step down at today’s AGM.
-
OpinionOpinion: Asos sets benchmark for embracing tech change
Cast your mind back 25 years, to a world in which digital giants like Amazon and Asos didn’t exist.
-
NewsGear4Music sales crescendo amid investment drive
Gear4Music said its first-half sales have risen ahead of expectations, but investment has increased operational costs and “restricted margins”.
-
NewsHalfords first-quarter sales driven by staycations
Halfords has unveiled an increase in first-quarter sales, which outgoing boss Jill McDonald attributed to the heightened popularity of holidaying in the UK.
-
NewsH&M UK profits and sales flat despite expansion
H&M’s UK profits and sales were flat last year despite expanding its store estate by nearly 10%.
-
NewsUpdate: Fraud trial of ex-Tesco executives adjourned
The trial of three former Tesco executives in relation to the supermarket giant’s 2014 accounting scandal has been adjourned until September 25.
-
NewsM&Co plots expansion push as profits and sales climb
M&Co is plotting a fresh store expansion drive in the UK after registering an increase in full-year earnings and sales.
-
NewsBoden profits jump as it readies King’s Road store
Boden has revealed a jump in profits and sales boosted by new customer acquisition and strong performance in womenswear.
-
NewsApax swoops for luxury retailer Matchesfashion.com
Private equity firm Apax is set to acquire a majority stake in luxury fashion retailer Matchesfashion.com following a bidding war.
-
NewsRent-to-own firm Buy As You View appoints administrator
BrightHouse rival Buy As You View has appointed administrators after suffering heavy losses, Sky News reported.
-
NewsAgenda: Halfords updates and Sports Direct hosts AGM
Retail Week looks ahead to the next seven days, with an update from Halfords and Sports Direct’s AGM on the agenda.
-
CartoonDixons' profit downgrade as people delay phone upgrade
Cartoonist Patrick Blower’s take on Dixons Carphone’s profit warning, as boss Seb James says consumers are holding on to their mobile phones for longer.
-
NewsDixons Carphone investors call for faster succession plan
Dixons Carphone shareholders want the retailer’s board to accelerate a search for the next chief executive following last week’s profit warning.
-
NewsSports Direct boss Ashley will not attend AGM
Sports Direct tycoon Mike Ashley will shun the retailer’s annual general meeting next week.
-
NewsTesco and Booker bosses defend £3.7bn merger plans
Tesco and Booker have staunchly defended their proposed £3.7bn merger as the impact of the tie-up creates further shockwaves in the convenience sector.
-
NewsPhilip Green’s Arcadia agrees deal with BHS liquidators
Arcadia has agreed to pay tens of millions of pounds to unsecured creditors in BHS following the collapse of the department store chain.