All City & finance articles – Page 367
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News
Bonmarché 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.
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News
N Brown records 'robust' Christmas growth as it steps up overseas plans
N Brown revealed “robust, reliable growth” over the Christmas trading period, and it plans to step up investment for its overseas growth plans.
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News
Halfords sales up 6.6% pedalled by strong cycling sales
Halfords group sales grew 6.6% in its third quarter, which included the festive period, driven by “significant growth” in its cycling category.
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News
Home Retail appoints Argos boss John Walden as chief executive
Home Retail has appointed Argos boss John Walden as its new chief executive as it reveals sales growth at its fascias.
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News
Primark delivers 'excellent' Christmas with sales up 12%
Primark has recorded Christmas sales up 12% and expects its profit to be well ahead of last year, and margin higher than expected.
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News
Laura Ashley disposes of Moss Bros stake
Homewares retailer Laura Ashley has disposed of its stake in formalwear specialist Moss Bros.
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News
Findel secures new funding to support growth at Express Gifts
Home shopping group Findel has secured extra funding to invest in its growing Express Gifts catalogue business.
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Opinion
Comment: Retail's New Year hangover
Before Christmas the UK retail sector was in relatively high spirits. After a mixed year forecasts of 3.5% growth promised a record-breaking December in which sales could top £40bn. However, in the cold light of New Year many are facing a reality check.
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News
Burberry Christmas sales up 14% driven by online
Burberry revealed sales in its third quarter surged 14% driven by online but warned current exchange rates would be a headwind in its second half.
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News
Breakfast briefing: Retail news on Sainsbury's, Asda and Scottish retail sales
Retail news round-up on January 15, 2014: Sainsbury’s sales beat Asda for the first time in a decade, Scottish retail sales down.
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Opinion
Nick Bubb’s verdict: Asos - UK good, overseas bad?
The City is a hard taskmaster and it found reasons to be disappointed in Asos’s overseas sales growth today, but there’s no stopping the UK.
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News
Convenience store giant McColl's posts strong Christmas sales
Convenience store and newsagents group McColl’s has reported a rise in festive sales as it eyes a float.
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News
Moss Bros to beat profit forecast after stellar Christmas
Menswear retailer Moss Bros expects to beat full-year profit forecasts after posting a surge in Christmas sales.
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News
Asos sales surge as Christmas shoppers flock online
Fashion etailer Asos has reported a jump in festive takings as shoppers went online and spurred a retail sales rise of 38% to £335.7m.
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Opinion
Comment: Why has Mike Ashley's Sports Direct bought a stake in Debenhams?
Sports Direct’s raid on Debenhams to pick up a stake of almost 5% makes tycoon Mike Ashley’s business the fifth-biggest shareholder in the department store business.
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Analysis
Sports Direct's stake acquisition in Debenhams: What the analysts say
Sports Direct revealed this morning that it has taken a surprise 4.63% stake in troubled department store group Debenhams. Retail Week takes a look at the City reaction.
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News
Mike Ashley's Sports Direct acquires 4.63% stake in Debenhams
Mike Ashley’s Sports Direct has acquired a 4.63% in troubled department store group Debenhams.
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News
JD posts increase in like-for-like sales over Christmas
JD Sports Fashion has reported a step up in like-for-like sales growth over Christmas, aided by a strong performance in its core sports arm.
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Opinion
Comment: For Next, imitation may offer more than just flattery
Next, the UK’s second largest clothing retailer, has raised its profit forecast following strong Christmas sales.
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News
Cold Christmas for retail as sales growth stalls
Retailers’ hopes for a winning Christmas have been dashed after food suffered its worst performance for five years and non-food was saved by online.