All City & finance articles – Page 355
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NewsAlliance Boots buys stake in Chinese pharmaceutical giant
Alliance Boots has completed the acquisition of a stake in one of China’s biggest pharmaceutical companies, Nanjing Pharmaceutical Company.
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NewsMulberry reports pre-tax loss as it continues to drive return to growth
Mulberry has reported a pre-tax loss of £1.1m in its interim results as it continues to take steps to return the business to growth.
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NewsPets at Home reports strong sales and profits in interim results
Pets at Home has reported strong sales and profits in its interim results and remains confident about its prospects for the future.
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OpinionComment: How will Osborne’s business rates review impact retailers?
The Chancellor’s business rates announcement could be an easy way of appearing to be addressing the issue without actually having to do anything.
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NewsEdinburgh Woollen Mill profits up as it plots 100 new stores
Edinburgh Woollen Mill has unveiled a rise in group profits as it plots 100 store openings in the next two years.
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OpinionComment: What was the weak link in Tesco’s financial controls?
Having dealt with a misreported payment himself, Tesco boss Dave Lewis faces a difficult task picking up the pieces at the retailer.
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OpinionComment: Bonmarché has driven sales by knowing its audience
Bonmarché first-half profits and sales surged as it kept focused on its core customers despite being hit by warm autumn weather.
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NewsPark Group sales up on back of rising consumer confidence
Christmas voucher specialist Park Group said rising consumer confidence helped sales soar 21% to £58.5m in the six months to September 30.
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AnalysisTesco's Dave Lewis overhauls management: What the analysts say
Tesco chief executive Dave Lewis has assumed temporary responsibility for the UK as part of a raft of senior management changes at the grocer.
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NewsMcColl's reports 'solid' full year as like-for-likes edge up
Convenience retailer McColl’s reported a 0.7% rise in like-for-like sales in its first full-year update since its IPO in February.
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NewsAlliance Boots acquires skincare brand Soap & Glory
Alliance Boots has acquired skincare brand Soap & Glory from founder and entrepreneur Marcia Kilgore.
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NewsBonmarché profits and sales surge as product and pricing overhaul pays off
Bonmarché has posted a surge in half-year profits as sales rise following an overhaul of its product, pricing and supply chain.
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NewsWaitrose sales rise 5.2% as shoppers gear up for advent
Waitrose sales rose 5.2% in the week to November 22 as shoppers geared up for advent and starting Christmas shopping.
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NewsSuspended Tesco executives may leave the business next week
The eight Tesco directors suspended as a result of the supermarket’s accounting scandal are expected to leave as early as next week.
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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.