All City & finance articles – Page 310
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News
SuperGroup’s US licence buy-out 'will drive long-term growth'
SuperGroup has bought itself out of its US distribution licence for £22.3m, giving it exclusive rights to sell products in North America.
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News
Mr Bricolage and Kingfisher deal in jeopardy over potential store closures
Mr Bricolage’s board and primary shareholder have revealed concerns about its acquisition by Kingfisher due to the number of stores that could close.
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Interview
Q&A with Moss Bros chief executive Brian Brick
As Moss Bros posts a 9% increase in profits, Retail Week speaks to boss Brian Brick about challenges, opportunities and its plans for online.
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News
Card Factory hints at future acquisitions amid Paperchase speculation
Card Factory boss Richard Hayes has said the retailer is open to acquisitions and believes it is in a “reasonable” financial position to make them.
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News
Moss Bros reports profits increase and pushes forward with omnichannel
Moss Bros has reported a full-year pre-tax profit increase of 9% to £4.8m and has moved forward with its omnichannel strategy.
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News
Card Factory sales and profits rise as online proposition gains traction
Card Factory’s sales have been propelled by strong online growth as the cards specialist revealed a jump in profits as it unveiled its first full-year results as a public company.
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News
Topps Tiles like-for-likes jump 5.2% as bosses target further growth
Topps Tiles’ like-for-like sales have jumped by around 5.2% as bosses bid to capitalise on a predicted increase in spending on home improvements.
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News
Hotel Chocolat first-half profits triple as it pushes 'healthy luxury' message
Hotel Chocolat has revealed its first-half profits have more than tripled as it gears up for the crucial Easter trading period.
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News
Russian etailer Ulmart considers $800m fundraising in growth push
Russian etailer Ulmart is interested in raising $800m (£538m) in financial markets including London to fund growth in its home country.
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Opinion
Comment: Heads roll at Morrisons as Potts aims to simplify the business
It didn’t take long for new Morrisons boss David Potts to make his presence felt - and the presence of a raft of other directors is no longer required.
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News
Game parts company with CFO Benedict Smith as sales and profits drop
Game has reported a drop in sales and pre-tax profits for the half year and is parting company with chief financial officer Benedict Smith.
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News
Achica’s 2013 profits eaten into by staff cost increases despite sales rise
Achica reported an increase in sales but the luxury homewares etailer remained in the red in its full-year financial results for 2013.
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News
ScS posts increase in sales and gross profit but EBITDA falls
ScS reported an increase in sales and gross profit for its maiden interim results, but EBITDA and operating profits were down.
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News
Infographic: John Lewis and Waitrose benefit from Mother’s Day sales
The John Lewis Partnership has unveiled an increase in sales, thanks to shoppers buying last-minute gifts for Mother’s Day.
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Video
The Retail Week: BHS, Next, Homebase, Asda and Decathlon discussed
Join our executive editor George MacDonald and news editor Nicola Harrison, as they pick through the week’s main news stories.
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Cartoon
Blower’s retail cartoon: Sir Philip sells BHS to Retail Acquisitions
Retail Week cartoonist Patrick Blower’s take on Sir Philip Green selling struggling retailer BHS to Retail Acquisitions.
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News
Wickes owner creates 4,000 new jobs across the UK
Wickes owner Travis Perkins is creating 4,000 new jobs over the next four years predominantly outside London and the Southeast.
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Opinion
Nick Bubb’s verdict: Next – sensibly cautious or crying wolf?
Nobody believed the boy who cried wolf all the time, but could Lord Wolfson be right to be cautious about the outlook for 2015/16?
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News
Jones Bootmaker and Brantano parent plans to sell retailers this year
Macintosh Fashion UK, which owns Jones Bootmaker and Brantano, plans to sell the footwear retailers within the next nine to 12 months.
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News
Ted Baker boss Ray Kelvin hails 'excellent year' as sales and profits jump
Fashion retailer Ted Baker’s profit before tax and exceptional items increased 23.7% to £49.5m in the year to January 31.