All City & finance articles – Page 365
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NewsMulberry issues profit warning after tough Christmas trading
Mulberry has issued a profit warning because of a weak UK market over the Christmas period and cancelled wholesale orders in Korea.
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NewsAo.com eyes £1.2bn IPO valuation as investor appetite grows
Electricals etailer Ao.com is looking at valuation of between £1bn and £1.2bn in its IPO, four times more than the £300m estimate made when it appointed its advisers in September.
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NewsBreakfast briefing: Retail news on AO.com, Ikea and retail sales in Ireland
Retail news round-up on January 29, 2014: AO.com eyes £1bn valuation for stock market float, Retail sales in Ireland edge up 0.6% in December, Ikea records 3.1% rise in total sales in 2013.
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OpinionComment: Activist investor interest in grocers' property is unwelcome distraction
You’d think the property boom days were well and truly back judging by the hopes of activist investors to force a supermarket property restructuring.
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OpinionNick Bubb's verdict: Carpetright: Profit Warnings R Us?
Long-suffering investors in Carpetright have become used to regular profit warnings. However today’s problem is not the UK, but the Netherlands.
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NewsCarpetright to employ raft of initiatives to lift ailing Dutch arm
Carpetright is implementing a raft of initiatives in its Netherlands business to try and offset the economic turmoil in the country.
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NewsPawnbroker Albemarle & Bond shares plunge after crucial sale process abandoned
Pawnbroker Albemarle & Bond’s share price crashed yesterday when it called off a sale process which was seen as crucial to its survival.
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NewsCarpetright warns on profits as Netherlands business suffers
Floorings specialist Carpetright has flagged that full-year profits are expected to come in below expectations after its Dutch business continued to perform poorly.
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NewsBreakfast briefing: Retail news on Carpetright, Amazon and Morrisons
Retail news round-up on January 28, 2014: Carpetright profits to come in at lower end of expectations, Morrisons operations director quits weeks after joining and Amazon takes over £1 in every £4 spent on entertainment.
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AnalysisPay and consumer spending: What do retailers need to know?
Government figures show a rise in pay but the Asda Income Tracker suggests that it is perhaps too soon for retailers to celebrate.
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AnalysisIn the spotlight: Convenience retailer McColl’s IPO
McColl’s today confirmed it plans to float on the London Stock Exchange by the end of February. Retail Week takes a look at the flotation plans.
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NewsMcColl's confirms intention to float
McColl’s has this morning confirmed plans of its intention to float on the London Stock Exchange.
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NewsBreakfast briefing: Retail news on Mothercare, Lenta, M&S, Shop Direct and River Island
Retail news round-up on January 27, 2014: Mothercare to sell Early Learning Centre, Russian chain Lenta mulls London stock market float, M&S bolsters team with two hires from Inditex, Shop Direct to make £50m profit and River Island uses Maxymiser
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NewsAsda Income Tracker: Family spending power rises
The average UK household had £158 a week of discretionary income in December 2013, up £2 a week year-on-year, Asda data has shown.
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AnalysisAnalysis: Bathstore at a glance, following management buyout
Bathstore has been acquired in a management buy-out led by chief executive Gary Favell. Retail Week takes a glance at the retailer’s vital statistics.
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OpinionComment: How to float and not sink
After a prolonged hibernation, the retail IPO market is open for business. However, in the rush to list we may see as many rumoured IPOs sink without trace as actually float.
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NewsBathstore owner hires adviser to examine sale of the business
UK specialist bathrooms retailer Bathstore is poised to change hands as investment fund owner Endless grooms the retailer for a sale.
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NewsBreakfast briefing: Retail news on Bathstore, JD Sports, Poundland and House of Fraser
Retail news round-up on January 24, 2014: Bathstore owner explores sale of business, JD Sports to open menswear fascia, City welcomes IPOs and House of Fraser ends Galeries Lafayette talks.
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OpinionComment: Playing a new retail game
The England cricket team’s Ashes performance provides lessons for retail, says Peter Williams
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NewsCity opens door to retail IPOs as Poundland and Pets at Home head the queue
The City has given the green light to retail IPOs after poring over the industry’s Christmas performance.