All City & finance articles – Page 256
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News
Hotel Chocolat's share price soars on stock market debut
Hotel Chocolat’s share price rocketed by more than a quarter yesterday on its first day of trading on the London Stock Exchange.
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News
BHS owner sold retailer's main distribution centre to repay £5m loan
BHS’s owner sold the retailer’s main distribution centre and used some of the proceeds to pay off a loan used to buy the business.
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News
BHS suitors submit bids to embattled retailer’s administrator
The administrators of BHS have received “multiple” bids for the department store chain on the day of the deadline for indicative offers.
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Analysis
At a glance: Gear4music, the instrument etailer hitting the right notes
Gear4Music reported a surge in its first full-year figures since floating today. Here’s a closer look at the online music equipment retailer.
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News
Monsoon profits plunge after a 'very disappointing' year
Monsoon’s profits have plummeted following a “very disappointing” year, as sales fell owing to poor weather conditions and discounting.
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News
Gear4music revenues soar in its maiden full-year results
Gear4music has reported a healthy increase in sales and profits in its first set of full-year results following its flotation last June.
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News
Go Outdoors explores potential sale as it eyes further expansion
Go Outdoors has hired financial adviser KPMG to explore the possibility of a potential sale in an effort to fuel expansion.
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Interview
Interview: Hotel Chocolat’s Angus Thirlwell on the IPO – and David Bowie
When Angus Thirlwell and Peter Harris opened the first Hotel Chocolat in Watford back in 2004, world domination seemed a million miles away.
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News
Pensions Regulator learnt of BHS sale to Retail Acquisitions via media
The Pensions Regulator only found out that Sir Philip Green had sold BHS to Retail Acquisitions for £1 via the media, it emerged today.
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Opinion
Opinion: Austin Reed and BHS may vanish but newcomers show retail’s vibrant
The administrations of Austin Reed and BHS have dominated headlines, but look past those sad collapses and there are reasons to be cheerful.
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Video
The Retail Week: Convenience on the wane, Hotel Chocolat and Next results
We discuss Morrisons’ and Sainsbury’s full-years, Hotel Chocolat’s upcoming flotation and the reasons for Next’s disappointing results.
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News
Hotel Chocolat boss Thirlwell: 'We are worth' £167m valuation
Hotel Chocolat boss Angus Thirlwell has insisted “we are worth it” after the business unveiled its initial public offering on AIM.
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News
Hotel Chocolat sets share price at upper end of range as it lists on AIM
Hotel Chocolat has set its share price at the top end of the anticipated range ahead of its float, valuing the retailer at £167m.
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Analysis
Analysis: Five things we learned from Sainsbury's full-year results
Sainsbury’s is back in the black after posting a £548m statutory pre-tax profit. Here are five things we learned from its full-year results.
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News
Farfetch raises £76m in new Asian expansion financing round
Luxury fashion etailer Farfetch has raised £76m ($110m) in a new financing round, which aims to facilitate international expansion.
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Analysis
Analysis: Why has Next's strong run finally come to an end?
Next posted a poor update today after total sales fell in the first quarter and retail like-for-likes were estimated to have fallen nearly 10%.
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News
Mothercare launches finance initiative for suppliers
Mothercare has launched a new initiative to support its suppliers’ financial health, allowing them to request early payment of invoices.
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News
Sainsbury's boss: BHS demise supports rationale for Argos buy
Sainsbury’s boss Mike Coupe says the falls of BHS and Austin Reed have reaffirmed the grocer’s rationale for acquiring Argos.
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News
Government launches full inquiry into the collapse of BHS
The government has launched an inquiry into the collapse of BHS, investigating the conduct of all directors involved in the retailer’s demise.
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News
BHS administrators hire Savills to advise on store portfolio
BHS’s administrators have appointed property agency Savills to advise on its portfolio as they step up efforts to sell the business.