All City & finance articles – Page 22
-
NewsShein is launching a circularity fund as a decision on its IPO looms
Shein is launching a circularity fund as it looks to tackle fashion waste following criticisms over its supply chain and sustainability standards.
-
NewsPepco revenues have dipped after supply chain disruption
Variety discount retailer Pepco has recorded a dip in like-for-like revenues as “company-specific issues” impacted sales.
-
NewsHolland & Barrett sales have risen after a year of ‘excellent progress’
Holland & Barret has reported a growth in sales in all markets driven by investment in stores, technology and new product development as part of its transformation strategy.
-
NewsNeptune is back in the black following a shake up of its management team
Neptune, the interiors brand chaired by former River Island CEO Will Kernan, is back in profit, Retail Week can reveal.
-
NewsSuperdrug increases market share as profits and sales jump
Superdrug has grown market share for the third straight year. A focus on price and adding new stores has led to a jump in both pre-tax profits and sales.
-
NewsShein tax ‘loophole’ is a concern, says new business secretary
The newly appointed business secretary has warned that the tax “loophole” being exploited by Shein is a cause for concern.
-
NewsStore openings and concerts contribute to ‘strong’ first half at O2 Outlet
Outlet Shopping at The O2, previously known as Icon Outlet, has reported a “strong” first half as a result of new store openings and concerts driving footfall.
-
NewsEU plans to impose customs duty may hurt Shein’s London float goals
The European Union’s plans to impose a customs duty on cheap goods would impact imports from online retailers and Shein’s London listing, The Guardian has reported.
-
NewsTopps Tiles suffers sales fall amid ‘challenging’ market
Specialist retailer Topps Tiles has reported a fall in quarterly sales but maintains it is outperforming the market.
-
NewsShoe Zone blames profit warning on poor weather and Red Sea
Footwear retailer Shoe Zone issued a profit warning today as the combination of weakened demand and ongoing Red Sea challenges take their toll.
-
NewsSainsbury’s sees ‘more and more people’ coming through its doors
Sainsbury’s has said it is seeing the “biggest market share gains of any grocer” as more and more customers are shopping with the supermarket giant.
-
Opinion‘As Morrisons marks 125 years in business, how many newer retailers will enjoy similar lifespans?’
Retail thrives on the new but the businesses that last longest are founded on principles that never lose their relevance, observes George MacDonald.
-
NewsLaura Ashley owners Gordon Brothers are in the running to rescue The Body Shop
A selection of private equity firms are in the running to rescue The Body Shop’s troubled high street business.
-
NewsWalgreens abandons Boots sale plan for a second time
The American owner of Boots, Walgreens Boots Alliance, has shelved plans for a potential sale for the second time.
-
NewsNike lowers guidance as it turns in flat sales performance
Nike has lowered its guidance for the upcoming financial year as it has reported a flat performance in sales.
-
NewsMusic Magpie revenue declines as it banks on Black Friday boost
Music Magpie has reported a fall in revenues during the first half of the financial year
-
AnalysisHow the spark’s being put back into electricals retail at AO, Currys and Marks
As three big names in the electricals sector post their full-year results, Retail Week takes a look at the themes driving success in a once floundering market.
-
NewsBoots maintains 'positive momentum' as UK sales rise
Boots has reported growth in retail and pharmacy sales as its market share improved for the 13th consecutive quarter, in the three months to May 2024.
-
NewsH&M posts ‘best results for many years’ despite weather warning
Swedish fashion giant H&M has reported its “best results for many years” during the second quarter.
-
NewsMoonpig sales and profits rise driven by tech innovation
Online greetings card retailer Moonpig has reported a rise in full-year sales and earnings.
