All City & finance articles – Page 293
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NewsSuperGroup profits and Chinese expansion: What the analysts say
SuperGroup has reported a rise in full-year profits and unveiled plans to expand into China. This is what the analysts said.
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NewsDunelm posts quarterly sales uplift and names new chief financial officer
Value homewares specialist Dunelm has posted a rise in fourth-quarter like-for-likes, helped by its summer Sale.
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NewsPrimark posts sales rise but cautions on currency exchange impact on margins
Value fashion giant Primark has reported a strong sales rise but currency movements are expected to affect next year’s results.
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NewsSuperGroup posts profits rise and reveals plans to launch in China
Fashion specialist SuperGroup has reported a rise in full-year profits and revealed plans to launch in China.
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NewsBreakfast briefing: Retail news on retail administrations, Mulberry, Zalando and Flipkart
Retail news round-up on July 9, 2015: Retailer administrations fall by a third, Mulberry creative director takes up role, Zalando shareholders sell shares and India’s Flipkart to adopt app-only strategy
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NewsTesco's new UK boss Matt Davies handed £3.2m 'golden hello'
Tesco’s new UK boss Matt Davies has been handed a ‘golden hello’ in shares worth £3.2m after joining the embattled grocer from Halfords.
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NewsPaperchase on brink of being sold to US private equity group
Greetings card and stationery specialist Paperchase is poised to be sold to an American private equity firm for £150m, according to reports.
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OpinionComment: Margin potential outweighs fashion sales decline at M&S
A minus in front of a sales number is never welcome especially, as in the case of Marks & Spencer, following indications of a return to form.
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NewsMaplin names new boss and reports flat full-year profits
Electronics retailer Maplin has reported flat full-year profits and revealed it will have a new chief executive from September.
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NewsUS variety store group Dollar Tree completes takeover of Family Dollar
US variety store chain Dollar Tree has completed its takeover of rival Family Dollar following a year-long merger saga.
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NewsBolland: M&S beat the market in a tough quarter for fashion
Marks & Spencer’s general merchandise arm outperformed the market despite a slip in first-quarter like-for-likes, Marc Bolland has maintained.
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NewsAsos upbeat on full-year prospects after strong third-quarter
Online fashion retailer Asos has reported strong trading performance in its third quarter as group retail sales rose 20%.
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NewsPromotional market hits Marks & Spencer clothing revival
Marks & Spencer has reported a flat first-quarter for clothing and home furnishings but says it is on course to improve margins for apparel.
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NewsEx-Majestic Wine boss Lewis pocketed almost £1m during final year in charge
Former Majestic Wine boss Steve Lewis took home close to £1m during his final year at the retailer, including a £416,000 payoff.
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NewsHalf of Wilko founding family secures £63m from stake sale
One half of the family behind value chain Wilko collected £63m from selling its stake in the retailer last year, new documents have revealed.
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NewsApple reveals 19% drop in UK retail profits as sales flatline
Apple recorded an 18.6% drop in full-year profits from its UK retail operations last year, after it was hit by wage and rent rises.
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NewsJD Sports aims to open stores in every large European city
JD Sports boss Peter Cowgill has vowed to have a store in “every major city in Europe” after unveiling a new flagship on Oxford Street.
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NewsGovernment rules out legal action against Comet directors after probe
The Government has ruled out any action against the former directors of Comet after concluding a two-year investigation into its collapse.
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NewsBreakfast briefing: Retail news on Lidl, Ikea and Dollar Tree
Retail news round-up on July 3, 2015: Lidl funded by World Bank, Ikea plans Autralian ‘mini stores and Dollar Tree wins approval for Fmaily Dollar deal
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NewsDirect Golf reveals sales recovery after Sports Direct deal
Direct Golf has reported a drop in full-year sales and profits, but says it is on track for a record performance in its current financial year.