All City & finance articles – Page 275
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News
Carpetright interim profits surge as modernisation plan pays off
Floorings giant Carpetright has reported rising interim sales and profits as its modernisation strategy pays off.
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Analysis
Analysis: Will the slipper fit for Kurt Geiger's third buyer in five years?
Private equity group Cinven has struck a £245m deal to acquire footwear retailer Kurt Geiger, making it the third owner in five years.
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Analysis
Analysis: Confidence among retailers returns in fourth quarter
In the final instalment of Retail Week’s quarterly analysis reports, we uncover how the mood has changed among the UK’s top retail bosses
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Analysis
Analysis: Retailers pin hopes on late Christmas spending spree
Retailers are set for a late December sales rush with “pent up spending power” poised to help them bounce back from a sluggish November.
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News
Sports Direct boss Dave Forsey vows to "reflect" on latest controversy
Sports Direct boss Dave Forsey has said he will “reflect” on the latest controversy surrounding the retailer as its share price dived today.
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News
The White Company targets US stores as part of ambitious expansion plans
The White Company is hunting for physical sites in the US as the retailer aims to expand its American arm over the next ten years.
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News
Mulberry edges back into profit as online sales jump 20%
Luxury fashion brand Mulberry has returned to the black in its half-year as the retailer continues to push its multichannel offer.
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Opinion
Opinion: Retailers should take heart despite golden quarter woes
Reports of disappointing trading in November after Black Friday weekend do not bode badly for retail in the countdown to Christmas.
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News
House of Fraser boosted by online as third-quarter sales and profits up
Department store House of Fraser has reported a rise in third-quarter sales and profits helped by a jump in online revenues.
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News
Tesco-owned garden centre chain Dobbies slumps to £48.4m loss
Tesco-owned garden centre chain Dobbies has slumped to a full-year pre-tax loss of £48.4m after writing down the value of its portfolio.
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Opinion
Opinion: JD Sports is emerging a true champion of the sector
As retailers race towards the Christmas finish line, king of trainers JD Sports has delivered something of a personal best this year.
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News
Ao.com boosted by investment from US hedge fund Ruane, Cunniff & Goldfarb
Ao.com’s share price surged yesterday after the retailer revealed that a US hedge fund had taken a stake in the business.
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News
Jigsaw full-year trading breaks £100m barrier for the first time
Sales at Jigsaw have soared past the £100m mark, as the fashion chain sets pieces in place for further international expansion.
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News
Cath Kidston losses widen amid 'substantial investment' in Asian expansion
Cath Kidston’s full-year losses have widened to £14.2m despite soaring international sales as it continues its expansion in Asia.
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News
Ann Summers to launch 'Rabbit' dating app as it bounces back to black
Ann Summers is launching a dating app next month as the retailer looks to capitalise on its high proportion of single customers.
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News
Black Friday spend spreads as retailers run extended promotional periods
includeRetailers’ plans to avoid a pinch point on Black Friday paid off as MasterCard data showed strong sales ahead of the event.
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News
High street sales slump 4.3% in November after Black Friday 'damp squib'
High street sales slumped 4.3% in November after the ‘damp squib’ of Black Friday saw footfall tumble while trade shifted online.
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News
JD Sports revises up full-year profit forecast after strong trading
JD Sports Fashion has said it expects full-year profits to beat forecasts after “relatively strong” trading since the summer.
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News
Morrisons falls out of the FTSE 100 after share price slump
Supermarket giant Morrisons has fallen out of the FTSE 100 for the first time in more than 14 years after its share price plummeted.
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Analysis
Topps Tiles full-year sales and profits grow: What the analysts say
Topps Tiles has reported a rise in full-year sales and profits as it captured one third of the tile market. This is what the analysts said.