All City & finance articles – Page 255
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CartoonBlower’s retail cartoon: M&S unveils part of its autumn collection early
Retail Week cartoonist Patrick Blower’s take on Marks & Spencer’s decision to release autumn lines in early to outsmart the British weather.
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NewsBurberry plans £100m cost savings as full-year profits and sales fall
Burberry has outlined plans to make “at least” £100m of cost savings over the next three years as it reported a slip in full-year profits and sales.
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NewsThorntons to shutter Oxford Street store with further closures 'likely'
Thorntons is poised to close its store on Oxford Street as new owner Ferrero continues a review of the business, Retail Week has learned.
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NewsInflation falls to 0.3% in April as fashion retailers slash prices
The UK’s inflation rate fell for the first time since September as retailers cut prices to revive sales hit by last month’s cold weather.
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NewsSWOT analysis: As Mountain Warehouse eyes a float, what does the future hold?
Outdoor and leisure retailer Mountain Warehouse has boosted plans for a £200m flotation this year with soaring full-year profits and sales.
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NewsPensions Regulator said to have blocked Green's plans for BHS restructure
The Pensions Regulator is understood to have blocked plans two years ago by Sir Philip Green to restructure BHS and inject funds into the pension scheme.
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NewsBHS administrator asks potential suitors to raise bids
BHS’s administrator Duff & Phelps has reportedly told a raft of suitors vying to buy the collapsed high street chain to raise their bids.
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NewsMountain Warehouse reports stellar year as profits and sales soar
Mountain Warehouse has reported rocketing annual profits and sales and is eying “a couple” of Austin Reed stores.
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NewsAnalysis: How did SuperGroup dodge the fashion doldrums?
SuperGroup’s latest set of results are impressive, bucking the fashion market’s downward trend with profits and sales shooting up.
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NewsSports Direct owner Ashley emerges as front-runner to acquire Austin Reed
Sports Direct founder Mike Ashley has emerged as the front-runner to acquire embattled fashion chain Austin Reed, Retail Week has learned.
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NewsYoox Net-A-Porter posts jump in sales as active users up
Etailer Yoox Net-A-Porter has reported a healthy jump in first-quarter sales as its number of active users hit 2.5 million.
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AnalysisInfographic: Flat sales for UK retailers, plus key facts and figures
The week in words and numbers, May 13, 2016: 0% growth in retail sales, plus key quotes from this week’s news stories.
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VideoThe Retail Week: M&S shake-up, SuperGroup success, Asda's Q1 and BHS
This week we discuss the shake-up at the top for M&S, SuperGroup’s full-year results, Asda’s upcoming Q1 performance and the ongoing BHS saga.
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NewsMike Ashley's Sports Direct extends its bet on Debenhams
Sports Direct has reiterated it will remain a “supportive” shareholder of Debenhams after extending its bet on the department store chain.
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NewsTesco boss Lewis pockets £3m bonus as grocer returns to profit
Tesco chief executive Dave Lewis has pocketed an annual bonus of almost £3m after leading the supermarket giant back into the black.
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NewsHMV in Ireland racks up losses following expansion costs
HMV’s Irish business recorded a pre-tax loss last year owing to heavy investment in expansion, despite revenues more than doubling.
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NewsMacy’s sales fall as retailer issues profit warning
Macy’s has issued a profit warning after its sales dropped in the first quarter because of falling tourist numbers and discounter competition.
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NewsSuperGroup posts profits and sales rise as founder resigns
SuperGroup has reported a rise in full-year profits and like-for-like sales, and revealed that one of its founders, James Holder, has resigned from his role.
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NewsBHS: Sir Philip Green attacks 'incorrect' testimony from Pensions Regulator
Arcadia tycoon Sir Philip Green hits back following evidence from Pensions Regulator Lesley Titcomb to MPs on Monday.
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CartoonBlower’s retail cartoon: Sports Direct's Mike Ashley eyes Austin Reed and BHS
Retail Week cartoonist Patrick Blower’s take on the Sports Direct founder’s reported interest in buying Austin Reed and BHS out of administration.