All City & finance articles – Page 215
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NewsBHS: War of words continues as Field responds to Green
MP Frank Field has asked Sir Philip Green to publish the Pensions Regulator warning letter that sought a resolution to the BHS pensions issue.
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AnalysisIs there investor appetite for a Shop Direct IPO or sale?
Shop Direct’s turnaround is a big retail success story following a transformation in recent years.
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NewsFashion etailer Hope to crowdfund expansion finance
Hope, the fledgling fashion etailer and brand founded by former Marks & Spencer stores director Nayna McIntosh, has launched a crowdfunding campaign to finance expansion.
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NewsBoohoo profits double in 'momentous' full year
The acquisitive online fashion business Boohoo has doubled its earnings in what the joint chief executives have termed a “momentous year”.
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OpinionOpinion: Sainsbury’s cannot lose appetite for groceries
Sainsbury’s journey towards becoming a food and non-food powerhouse to rival the likes of John Lewis reached two more milestones last month.
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NewsRetail chiefs divided on snap general election impact
Retail bosses from Waterstones, Boux Avenue, Carpetright and Debenhams speak on the potential retail fall-out from the general election and the issues they want addressed.
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NewsCarpetright sales rise in 'tougher market conditions'
Carpetright posted a boost in its fourth quarter like-for-like sales across its UK and European stores despite a challenging trading environment.
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NewsWeird Fish in secondary management buy-out
The management of clothing retailer Weird Fish has led a secondary management buy-out from investment firm Piper.
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OpinionOpinion: The M&A world of retail comes full circle
As I bow out after more than 30 years in retail, I reflect upon some of the permanent changes and trends that have come full circle within the industry.
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NewsSports Direct snaps up US chain for market assault
Sports Direct has confirmed that it is set to acquire some assets of a US sports and outdoor retailer, giving it a springboard to enter the American market.
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AnalysisAgenda: Boohoo and N Brown update the market
Retail Week looks ahead to the next seven days, with financial updates from fashion rivals Boohoo and N Brown both on the agenda.
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OpinionNick Bubb’s verdict: Will Debenhams' profits suffer?
Debenhams boss Sergio Bucher says the department store group has “a successful and profitable future”, but will the redesigned business be more or less profitable?
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CartoonBlower’s retail cartoon: Tesco profits and Booker
Cartoonist Patrick Blower’s take on Tesco’s lift in full-year group profits despite shareholder discontent at its share price fall amid the Booker acquisition
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NewsCard Factory poaches Edinburgh Woollen Mill finance boss
Card Factory has announced new chief financial officer Kristian Lee, who held the same role at Edinburgh Woollen Mill for the past five years.
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NewsPrimark profits rise amid warning over margins
Primark has posted a jump in profits and sales during its first half as new store openings boosted revenues.
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NewsTesco offloads opticians business to Vision Express
Tesco has sold its opticians business to Vision Express as the grocer continues a drive to “simplify its business.”
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NewsBurberry retail sales rise driven by UK performance
Burberry has registered a jump in retail sales during its second half, driven by the “exceptional performance” of its UK business.
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NewsBonmarché profits on track despite like-for-likes slump
Bonmarché expects full-year profits to meet expectations despite suffering a slump in like-for-like sales in its stores.
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NewsNext boss Wolfson's pay slashed after fall in profits
Next boss Lord Wolfson’s pay package was more than halved after the fashion giant suffered declining profits for the first time in eight years.
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NewsJaeger swings axe on stores and head office jobs
Jaeger’s administrators have swung the axe on the collapsed retailer’s “financially unviable” stores in a move that will result in more than 200 job losses.