All City & finance articles – Page 30
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NewsMothercare records drop in sales as it ‘continues refinancing’
Mothercare has posted a decline in revenue and international sales as it continues efforts to “refinance the group” and ensure “adequate and appropriate financing for the future”.
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NewsKingfisher issues profit warning as French market struggles
DIY giant Kingfisher has lowered its full-year profit guidance, saying that market trends in France have been “weaker than expected”.
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NewsAO upgrades profit guidance as it continues to deliver ‘profit and cash generation’
Electricals specialist AO has upgraded its full-year profit guidance after focusing on delivering “profit and cash generation”.
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Opinion‘The Body Shop could be a lean, green retail machine once again’
One of retail’s great disruptors, The Body Shop under new ownership has a chance to win over a new generation of consumers
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NewsBurberry warns on profits as global demand for luxury slows
Burberry has warned that the global slowdown on demand for luxury is having an impact on current trading and will affect its profit guidance for the full year if it continues.
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NewsHotel Chocolat accepts £534m Mars bid
Hotel Chocolat has accepted a £534m acquisition bid from Mars, with the board now recommending the cash offer to its shareholders.
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NewsThai retail group takes control of Selfridges
Thai retailer Central Group has taken control of Selfridges following problems at partner Signa, with which it bought the famous department store in a $5bn deal.
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NewsSteep fall in inflation helped by food price changes
Inflation fell to 4.6% in October, official data has shown.
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NewsAsda cuts debt as focus on low prices pays off
Asda has reported a rise in quarterly sales and reduced its debt burden.
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NewsPrivate equity group Aurelius snaps up Body Shop
Specialist beauty retailer The Body Shop has been sold to private equity group Aurelius.
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NewsDr Martens appoints new chief financial offer
Dr Martens has announced that Giles Wilson will join the footwear retailer as its new chief financial officer, hot on the heels of Jon Mortimore.
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NewsHammerson in talks to sell stake in Value Retail
UK shopping centre owner Hammerson is reportedly in talks to sell its 40% stake in Value Retail.
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NewsRevolution Beauty upgrades full year guidance
Revolution Beauty has upgraded its guidance for the full year as it posted a rise in profit and revenue in the six months to August 31.
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NewsThe Range warns on outlook as sales slip
The Range has reported a decrease in sales and warned of a “severe but plausible downside” that could impact future sales.
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NewsUnder Armour lowers sales guidance after flat quarter
Sportswear retailer Under Armour has slashed its full-year sales outlook as a result of “challenges” in North America and flat revenues during its second quarter.
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NewsOutlet Shopping at The O2 posts ‘strong’ sales month
Outlet Shopping at The O2 has recorded a “strong period of trading” in October as it remains on track for one of its “most successful years to date”.
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NewsShein weighs up Topshop bid
Fast-fashion giant Shein has formally registered its interest in bidding for the Topshop brand.
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NewsWatches of Switzerland sales increase
Watches of Switzerland posted strong sales as demand for luxury watches remains robust despite a difficult consumer environment.
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NewsPrimark profits soar driven by sales increase in all markets
Value fashion retailer Primark posted a rise in profits as sales increased in all markets across the UK, Europe and the US in the full year ending September, 2023.
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NewsWhite Stuff profits and sales rise in ‘strong’ year
White Stuff has reported a rise in both profits and sales in a “strong” year of growth for the fashion retailer in the early stages of its “ongoing business transformation”.