All City & finance articles – Page 356
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News
Moss Bros reports an increase in full-year sales and profits
Men’s formalwear specialist Moss Bros has reported a rise in full-year profits and sales and a strong start to the new financial year.
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News
Potential partners already lining up for B&Q China, says Cheshire
Kingfisher boss Sir Ian Cheshire has said firms have already expressed interest in partnering with the group’s B&Q China business.
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News
UPDATED: Albemarle & Bond appoints PwC as administrator
Pawnbroker Albemarle & Bond has appointed PwC as its administrator after lenders rejected its rescue plan.
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News
Topps Tiles expects first-half profit leap of 70% after strong performance
Topps Tiles expects first-half underlying pre-tax profits to jump 70% to £8m after a strong sales performance.
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News
Kingfisher profits rise as it seeks strategic partner for B&Q China
DIY giant Kingfisher has reported a rise in full-year profits as it plots further overseas expansion and seeks a partner for its Chinese business.
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News
Dfs starts selling beds in store to target house movers
Sofa giant Dfs has begun selling beds in a select number of stores after freeing up warehouse space in the back of its shops.
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News
Dixons and Carphone seek deadline extension for £4bn merger talks
Dixons and Carphone Warehouse are set to ask the Takeover Panel to extend today’s deadline to the negotiations for their £4bn merger.
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Analysis
Analysis: 11 great retail facts from Next's annual update
Next revealed a sparkling set of results this morning with both sales and profits up. Retail Week pulls out some of the key facts.
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Opinion
Nick Bubb’s verdict: Next - how to move the goalposts
Next’s financial disciplines have served it well over the years and created huge shareholder value, so do they need to move the goalposts?
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News
Restructuring firm GA Europe promotes Milton Guffogg to chief executive
Restructuring firm GA Europe has promoted its chief operating officer Milton Guffogg to the role of chief executive.
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News
Mulberry chief executive quits after profits and share price hit
Mulberry boss Bruno Guillon has quit with immediate effect after a turbulent two years at the company.
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News
Majestic says full-year pre-tax profit will be flat because of 'challenging' 2014
Majestic has revealed full-year pre-tax profit will be flat because of “challenging” trading conditions in 2014 as it plans to invest to drive growth.
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News
Ted Baker pre-tax profits hit £40m as it grows its global store estate
Ted Baker pre-tax profit excluding exceptionals surged 26.7% to £40m in its full year as it grew its global store estate.
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News
Next profits surge 12% following 'exceptional' final quarter
Next profit before tax jumped 11.8% to £695.2m for the year ending January 2014 in a “good year” for the fashion retailer.
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Opinion
Comment: Debate on public versus private retailers doesn't tell whole story
There is more to the public versus private debate than meets the eye.
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Opinion
Comment: Are retailer IPO valuations a matter of art or science?
Profit rises and cash generation are what matter for retailers.
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News
Marks & Spencer loses further market share in clothing
Marks & Spencer has suffered a further market share decline in the crucial fashion category, it is understood.
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News
Morrisons drafts in Rothschild to sell Kiddicare
Morrisons has hired Rothschild to advise it on the sale of maternity retailer Kiddicare, Retail Week has learned.
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News
Breakfast briefing: Retail news on M and M and Tesco
Retail news round-up on March 19, 2014: Clothing etailer M and M Direct for sale for £80m; Tesco loses market share in Ireland
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News
Tesco shares downgraded as grocery sector strife continues
Tesco has been downgraded to a ‘Sell’ by one of its longest-standing fans in the City as the grocery sector comes under pressure.