All City & finance articles – Page 322
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NewsRevenues and employment up among top Scottish retailers
Retailers’ contribution to the Scottish economy is becoming increasingly important, according to a report by Grant Thornton.
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NewsJaeger reduces losses as turnaround strategy makes progress
Fashion retailer Jaeger has reported improved annual sales and reduced losses as its turnaround programme bears fruit.
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NewsPoundland profits up over 30% as it continues expansion
Poundland has reported underlying pre-tax profits up 34.2% to £12.6m in its interim results as it ploughs ahead with its expansion plans.
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NewsSignet's UK jewellery sales sparkle in the third quarter
Signet’s UK division, which comprises jewellers H Samuel and Ernest Jones, said sales increased 8.4% to $151m (£96m) in its third quarter.
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NewsFindel reports first H1 profit in six years as revenues remain flat
Findel has turned its first pre-tax profit during the first half of its year for six years despite revenues remaining broadly flat.
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NewsZalando on course for full-year profitability after strong third quarter
Fashion etailer Zalando expects to make a profit this year after breaking even during the third quarter for the first time.
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NewsFrench Connection like-for-likes fall 5.7% amid tough autumn trading
French Connection has reported like-for-like sales were down 5.7% in the UK and Europe as the warm autumn weather resulted in tough trading.
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NewsAo.com to accelerate European roll-out after German launch
Electricals etailer Ao.com is to accelerate its European roll out after successfully launching in Germany six months ahead of schedule.
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NewsArcadia boss Sir Philip Green hints at more deals to come
Arcadia tycoon Sir Philip Green has raised the prospect of further acquisitions as he reported a fall in full-year profits.
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NewsComment: Retail’s prospects look encouraging in the new year
The retail focus right now is on ensuring jingling tills over the festive season but thoughts are already turning to prospects in 2015.
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NewsTopps Tiles annual profits surge 31.5% as it seizes market share
Topps Tiles has revealed a 31.5% rise in full-year adjusted pre-tax profit as strong sales helped it gain a larger market share.
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NewsArcadia full-year profits dip in challenging market conditions
Arcadia has posted a fall in pre-tax profits amid challenging conditions and a tough start to the new financial year following the warm autumn.
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NewsKingfisher's struggles in France continue as Sir Ian Cheshire bows out
Kingfisher has reported a 0.9% dip in like-for-like sales during its third quarter as sales suffered in a weak French market.
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NewsAo.com doubles EBITDA in first half as revenues surge 25.1%
Ao.com doubled its EBITDA for the first half of the year as sales during the period surged ahead of its first overseas expansion.
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NewsNew Look finalises sale of struggling French arm Mim
New Look has completed the sale of its French fashion business, Mim, to holding company Main Asia for an undisclosed sum.
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NewsGameStop sales drop below expectations as it warns on cheap digital games
GameStop posted third-quarter results below expectations after the delayed release of the Assassin’s Creed Unity game and falling software sales.
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NewsCasino's Cnova price disappoints as it lists on Nasdaq
Casino-owned etail group Cnova began trading on the Nasdaq Stock Market yesterday, after analysts expressed disappointment over its IPO price.
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NewsEx-JJB Sports chief executive Chris Ronnie found guilty of fraud
Former JJB Sports chief executive Chris Ronnie has been found guilty of a £1m fraud that helped to fund a luxury lifestyle.
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NewsBreakfast briefing: Retail news on ex-JJB Sports boss Chris Ronnie, Net-a-Porter and cross-border shopping
Retail news round-up on November 21, 2014: Ex-JJB boss found guilty of £1m fraud, Richemont considers Net-a-Porter IPO and China becomes biggest consumer of UK goods online
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AnalysisAnalysis: Mothercare’s turnaround efforts start to gain traction
Mothercare’s turnaround efforts seem to be gaining traction as the retailer’s underlying pre-tax profit jumped 65% to £3.3m in the first half.