All City & finance articles – Page 364
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NewsHouse of Fraser to push button on float as talks with Galeries Lafayette end
House of Fraser looks likely to push the button on an IPO process this year after discussions with French peer Galeries Lafayette came to an end.
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NewsBreakfast briefing: Retail news on Hotel Chocolat, Sports Direct, Debenhams, United Carpets and eBay
Retail news round-up on January 23, 2014: Hotel Chocolat revives stake sales; Sports Direct and Debenhams set for crunch meeting today, United Carpets and Floors2Go change pricing practices after OFT probe; eBay activist investor calls for PayPal spin-off
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OpinionComment: Will there be appetite for a McColl’s float?
Now that the retail sector temperature can be measured in the wake of the bulk of the January trading statements, a variety of privately held retailers are considering whether to float.
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OpinionNick Bubb's verdict: WHSmith - the more things change the more they stay the same
The Christmas trading update from WHSmith was the first from new chief executive Stephen Clarke, but the more things change the more they stay the same.
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OpinionComment: Walden’s promotion points to retail’s future
The appointment of John Walden to the top job at Home Retail Group may be one of the most unsurprising successions to play out in UK retail.
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NewsFindel to deliver 'strong profit growth' as sales edge up
Home shopping group Findel said it is on track to deliver “strong profit growth” as sales rose 3.8% in the 16 weeks to January 17.
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NewsBC Partners eyes £1bn float for Phones4U
Phones4U’s private equity owner BC Partners is considering floating the mobile phone retailer this year.
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AnalysisWeather’s effect on retail sales: What do retailers need to know
January’s trading updates contained many references to the weather, but is there any link between the climate and retail sales?
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NewsLaura Ashley pays shareholders £7.5m dividend as 'token of appreciation'
Laura Ashley has rewarded investors with a £7.5m bonus dividend to show its “appreciation to the shareholders for their continued support”.
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NewsCarphone Warehouse group like-for-likes climb 3.1% over Christmas
Carphone Warehouse group like-for-likes advanced 3.1% in the quarter to December 28, its sixth consecutive quarter of growth.
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NewsFat Face hires banks to work on IPO
Fashion retailer Fat Face has hired banks Citi and Jeffries to work on its prospective float which could take place within months.
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OpinionComment: It’s hard not to admire Sports Direct
The news that Sports Direct acquired a 4.63% stake in Debenhams last week week was eclipsed by the fact that the company then decided to sell the shares. This, along with an option contract, could eventually see Sports Direct take almost 7 per cent of the department store chain.
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OpinionComment: UK retail blows hot and cold over Christmas
Figures from the UK Office of National Statistics (ONS) have indicated an exceptionally strong retail performance over Christmas. Some retailers may beg to differ.
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NewsConviviality Retail reports Christmas sales uplift
Bargain Booze and Wine Rack owner Conviviality Retail has reported a rise in sales over Christmas as first-half profits increased.
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OpinionComment: Halfords has shown what putting the customer first really means
Putting the customer first is a retail cliché, so often mouthed but less frequently put into practice.
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AnalysisHalfords' third quarter: What the analysts say
Halfords sales jumped 6.6% driven by its cycling category where like-for-likes surged 19.5%. Retail Week takes a look at what the analysts say.
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AnalysisIn numbers: Round-up of retail's Christmas trading updates
Dozens of the biggest retailers have updated the market on their all-important Christmas trading in the last few weeks. Here’s a glance at the headline numbers.
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NewsSports Direct takes option of larger Debenhams stake
Sports Direct has struck a complex share option agreement that allows it to take a 6.6% stake in Debenhams.
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NewsBonmarché Christmas like-for-likes up 6% as online sales rocket
Bonmarché has revealed like-for-like sales jumped 6% over Christmas, driven by its strong online business.