All City & finance articles – Page 295
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NewsReiss founder mulls selling minority stake to fund overseas expansion
The founder of fashion retailer Reiss is considering offloading a stake in the business to outside investors for the first time in its history.
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VideoThe Retail Week: Budget bombshell, living wage, Sunday trading and M&S
Content editor Nicola Harrison talks to Peel Hunt retail analyst John Stevenson about the Budget and this week’s retail news.
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NewsConviviality Retail in talks to acquire drinks supplier Matthew Clark
Bargain Booze and Wine Rack owner Conviviality Retail has revealed it is in talks to acquire drinks supplier Matthew Clark Holdings.
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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.