All City & finance articles – Page 283
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Analysis
Tesco boss Dave Lewis snaps up shares 13 months into reign
Tesco boss Dave Lewis has purchased a stake in the retailer, 24 hours after the board lifted a ban on trading shares.
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Analysis
Jaeger private equity owner Better Capital considers sale
The private equity owner of fashion retailer and brand Jaeger is considering a sale of the company according to reports.
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Analysis
Asda profits surpass £1bn mark despite falling sales and market share
Asda’s operating profits increased 1.9% to £1.012bn last year despite falling like-for-like sales and declining market share.
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Analysis
Dunelm buys Fogarty linen brand as first-quarter like-for-likes jump
Dunelm has posted a jump in like-for-like sales in its first quarter and revealed the acquisition of 200-year old linen brand Fogarty
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Analysis
DFS sales and profits surge as it buys Spanish business to target expats
DFS has reported a surge in full-year revenues and profits as it buys a Spanish business to target the British expat community.
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Analysis
Bryan Roberts: Why Tesco still has big worries after a first-half mixed bag
Like almost every grocer’s results at the moment, Tesco’s update was a mixed bag – but the big worry is the underperforming superstore estate.
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Analysis
Is Tesco on the road to recovery? What the analysts say
Tesco has reported a 55% slide in half-year profits as boss Dave Lewis continues his attempts to turn around the business.
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Analysis
Sports Direct's proposed acquisition of Heatons: What the analysts say
Sports Direct has lined up a deal to acquire Irish department store group Heatons, as tipped by Retail Week. What do the analysts think?
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Analysis
Kurt Geiger pre-tax profits leap 242% on back of surging sales
Premium footwear brand Kurt Geiger’s pre-tax profits jumped 242% to £11.3m for the year on the back of surging sales.
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Analysis
Tesco boss Lewis 'confident' the grocer is on the up despite tumbling profits
Tesco boss Dave Lewis believes the grocer has “stepped forward” as a business after hitting its lowest ebb, but warned “nothing is guaranteed”.
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News
Breakfast briefing: Retail news on BRC retail sales, Tesco and Dixons Carphone
Retail news round-up on October 7, 2015: Shop prices fall, Tesco’s ‘secret talks’ with SFO and Dixons Carphone names boss of consultancy business.
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Analysis
UPDATED: Sports Direct strikes £35m deal to fully acquire Ireland's Heatons
Billionaire retail tycoon Mike Ashley’s Sports Direct has lined up a move to take full ownership of Irish department store chain Heatons.
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Analysis
Comment: Ocado hunts international expert to join board as it seeks overseas deals
Food etailer Ocado is recruiting 2,000 more staff ahead of Christmas, but is also on the lookout for one new hire in particular.
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Analysis
Ted Baker launches in Mexico and Hawaii on back of North American success
Ted Baker will open stores in Mexico and Hawaii following its success in the US as the fashion retailer widens its reach abroad.
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Analysis
Ted Baker sales and profits rise driven by growth online and in the US
Ted Baker has reported “strong growth” in half-year sales and pre-tax profits, driven by booming performance online and in the US.
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Analysis
Austin Reed losses balloon as unprofitable stores hit performance
Premium menswear retailer Austin Reed has reported ballooning full-year losses and falling sales in the year to January 31.
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Analysis
Christo Wiese's Brait ups stake in frozen food retailer Iceland to 57%
Brait, the investment vehicle of South African billionaire Christo Wiese, has boosted its shareholding in frozen food chain Iceland to 57%.
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Analysis
American Apparel files for bankruptcy protection in the US
Troubled US fashion retailer American Apparel has filed for bankruptcy protection, buy its boss says it can become a “stronger” company.
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Video
The Retail Week: Amazon Fresh, Aldi and Sainsbury's updates and John Dixon
Catch up on this week’s big retail stories with analysis from executive editor George MacDonald and grocery reporter Luke Tugby.
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Analysis
Lakeland profits double and sales grow as investment ‘comes to fruition’
Lakeland has recorded a jump in full year pre-tax profits and sales as investments in a distribution centre extension and store revamps paid off.