All City & finance articles – Page 258
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News
HMV 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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News
Macy’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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News
SuperGroup 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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News
BHS: 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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Cartoon
Blower’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.
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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.