All City & finance articles – Page 247
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NewsAgenda: Conviviality full-years plus footfall and retail sales figures
Retail Week looks ahead to the next seven days with full-year figures from Conviviality, plus the latest footfall and retail sales data all on the agenda.
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NewsSuperGroup boss Sutherland confident of plenty of growth to come
SuperGroup boss Euan Sutherland said today that the fashion retailer should double its sales in the next three years, after strong results.
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OpinionOpinion: Investment rather than cost-cutting will help retailers navigate Brexit
I have been giving a lot of thought to the implications of Brexit for retail and the strategic options available to retailers.
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AnalysisTheresa May’s shopping list: what policies can retailers expect?
Britain has its first female Prime Minister in 26 years with the arrival of former Home Secretary Theresa May at 10 Downing Street.
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NewsHalfords boss hopes for 'staycation' boost to counter Brexit disruption
Halfords boss has shrugged off the threat of a post-Brexit downturn by saying it could benefit from people choosing to ‘staycation’ this summer.
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AnalysisSuperGroup full year results: what the analysts have to say
SuperGroup’s full year profits jumped by 16.3% to £73.5m in the year to April 23. Here’s how the City reacted to the announcement.
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NewsB&M like-for-likes flat but full-year profits remain on track
Value retailer B&M posted flat like-for-likes in its first quarter but new store openings have boosted its total sales.
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NewsMothercare blames 'unseasonable' weather as UK sales fall
Mothercare has blamed “unseasonable” weather on a fall in first-quarter UK sales, but like-for-likes rose as its turnaround effort continues.
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NewsSuperGroup sales and profits jump as its eyes China and North America growth
SuperGroup boss Euan Sutherland has hailed “significant progress” in his first full year in charge as the retailer recorded a jump in profits.
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NewsHalfords like-for-likes slip as bad weather hits cycling sales
Halfords has posted a 0.6% drop in first-quarter group like-for-likes as it blamed bad weather for a slide in sales in its cycling division.
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OpinionAnalysis: Four key strategies for retailers as they prepare for Brexit
Uncertainty will be a feature of the retail landscape for months to come as the timeframe and structure of the UK’s EU exit become clear.
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NewsPoundland chairman talks up growth opportunities under new owner Steinhoff
Poundland’s chairman has said he believes its staff should be “pleased” with Steinhoff’s takeover as it offers growth opportunities.
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NewsNotonthehighstreet hires new finance boss to bolster executive team
Notonthehighstreet has snapped up drinks supplier Matthew Clark’s former finance boss David Philips to head up its financial operations.
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NewsFashion retailer Hobbs appoints new finance chief
Hobbs has appointed new chief financial officer Mehul Tank to replace its newly promoted omnichannel trading director Simon Luscombe.
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NewsBurberry first-quarter like-for-likes fall but digital offer grows
Burberry has reported a fall in first-quarter like-for-likes as it suffered declines in all markets, but hailed growth of its digital business.
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NewsPoundland board recommends Steinhoff offer as £597m takeover nears
Poundland and Steinhoff have agreed terms on a recommended cash offer for the value retailer as a £597m takeover nears completion.
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OpinionOpinion: Wet weather, currency slumps? Resilient retailers can handle it
As is often the case with our unpredictable British summer weather, June proved to be a bit of a washout on the high street.
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NewsHotel Chocolat sales climb as stock market debut gets off to “a good start”
Hotel Chocolat has unveiled a full-year sales increase “slightly ahead of market expectations”, driven by rising online sales.
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NewsAsos sales soar spurred by international growth and jump in customer numbers
Asos continued the strong run of sales in its third quarter driven by rising sales in the UK and abroad as well as soaring shopper numbers.
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NewsArcadia chairman rejects claim lack of governance led to BHS collapse
Lord Grabiner, the chairman of Arcadia, has rejected the idea a lack of corporate governance at Sir Philip Green’s retail empire led to the collapse of BHS.