All City & finance articles – Page 222
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News
Fat Face sales rise but weak pound hurts profits
Fat Face has renegotiated its debt terms to offer the business more “material headroom” after the weak pound dented the retailer’s full-year profits.
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News
Breakfast briefing: Arcadia, Sainsbury's and more
Retail news round-up: Philip Green doubles Arcadia's pension contribution, Sainsbury's to axe staff numbers and Morrisons to report increase in pre-tax profits
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News
Gear4music sales soar, driven by European expansion
Gear4music full-year sales hit a high note as the specialist online retailer aggressively expanded its distribution network.
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Analysis
Agenda: #RWL17, John Lewis, Morrisons and The Budget
Retail Week looks ahead to the next seven days, with full-year results from John Lewis and Morrisons, The Budget and Retail Week Live all on the agenda.
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News
Today in retail: Mike Ashley – retail’s agent provocateur
Sport Direct founder Mike Ashley is renowned for his provocative behaviour – but the retail mogul caught the sector’s attention today for a different reason.
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Analysis
Analysis: What's Mike Ashley’s Agent Provocateur plan?
Mike Ashley may be best known as the founder of Sports Direct and owner of Newcastle United but he has his fingers in many more pies.
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Opinion
Ashley should focus on Sports Direct, not sexy knickers
First there was Leicester City and the Premier League title. Then there was Donald Trump and the Whitehouse.
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News
Travis Perkins warns on housing market slowdown
Travis Perkins profits plunged 60% in 2016 as it warns that an impending housing slowdown could hit big ticket purchases.
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News
Mike Ashley completes swoop for Agent Provocateur
Sports Direct founder Mike Ashley has completed his acquisition of Agent Provocateur, Retail Week understands.
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News
Yoox Net-a-Porter reveals soaring profits and sales
Yoox Net-a-Porter has revealed rocketing full-year profits and sales, with boss Federico Marchetti hailing the retailer’s “superiority”.
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Analysis
Analysis: Why retailers shouldn’t ignore the silver pound
The latest Family Spending report confirmed one of the most important trends to hit retailers in the past decade: a spending shift to the over-50s.
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Opinion
Opinion: Why Morrisons is firmly back in fashion
It would have been almost unthinkable to say so a year ago, but Morrisons is not only back in fashion, but setting trends in UK grocery.
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Opinion
BHS deal goes some way to restore Green’s reputation
For the best part of a year, Sir Philip Green has been a near-exile from his own stores.
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News
MySale breaks into the black as half-year sales jump
Discount fashion website MySale has broken into the black as sales jumped 19% to AUS$127m in the six months to December 31, 2016.
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News
Zalando profits and sales rocket amid expansion
German fashion etailer Zalando has doubled its profits and sent sales soaring in its full year to December 31, 2016.
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Opinion
Opinion: Don't hoodwink shoppers over price hikes
Food prices are rising, according to the BRC. Retailers need to treat shoppers like adults and tell them so.
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News
Today in retail: Sir Philip Green pays up
Ex-BHS owner Sir Philip Green has settled the collapsed department store’s pension debt, agreeing to pay up to £363m.
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News
Poundland delivers quarterly like-for-like sales rise
Value variety store business Poundland has notched up a quarterly like-for-like sales rise, owner Steinhoff reported.
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News
Jones Bootmaker put up for sale by owner
Jones Bootmaker has been put up for sale by owner Alteri, which bought the retailer two years ago.
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News
Boohoo profits to come in at top of expectations
Fashion etailer Boohoo expects profits to be at the top of its guided range after strong trading in recent weeks.