All City & finance articles – Page 382
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NewsMothercare full-year pre-tax profits increase as it hits market expectations
Mothercare’s underlying pre-tax profit rose from £5.9m to £9.5m in its full year, hitting market expectations as it continues its UK turnaround.
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OpinionComment: M&S has a long way to go on its journey
Marks & Spencer boss Marc Bolland has stressed the idea that M&S is on a journey as he has fought off criticism of ongoing performance.
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OpinionComment: Consumers will reward ethical retailers
There has been a toxic mixture of corporate, financial and personal failings at the Co-op, but how has the corporate brand suffered?
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NewsBreakfast briefing: Retail news on Fat Face, Halfords, Asos, Tesco, Mothercare and more
Retail news round-up on May 22, 2014: Fat Face scraps IPO, Halfords accused of demanding fees from retal suppliers, Lush voted best retailer, Asos forced to apologise after Jodie Marsh tweet and more
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NewsCarpetright looks forward to 'new era' as Wilf Walsh joins as chief executive
Carpetright group finance director Neil Page said the retailer is poised to welcome a “new era” after overhauling its management team.
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AnalysisCarpetright's management shake up: What the analysts say
Carpetright has appointed Wilf Walsh as its new chief executive, following a management overhaul. Retail Week takes a look at what the analysts say.
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NewsBurberry full-year profits rise as it targets Japanese growth
Burberry’s adjusted pre-tax profit rose 8% to £461m in its full year to March 31 as it targets growth in the Japanese market.
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NewsCarpetright appoints new boss as management team overhauled
Floorcoverings giant Carpetright has overhauled its management team resulting in a new boss being appointed and the exit of founder Lord Harris and two directors.
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NewsBreakfast briefing: Retail news on M&S, Apple, inflation and food waste
Retail news round-up on May 21, 2014: M&S rules out bonuses; inflation grows faster than expected; Apple’s stores lose appeal; £1bn of food wasted.
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NewsMarks & Spencer abandons plans for London Gateway distribution centre
Marks & Spencer has abandoned plans to open a distribution centre at London Gateway, the super-port on the Thames estuary.
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OpinionComment: After years of missing the mark, when will M&S get its clothing right?
Getting clothing right has been the challenge for every new CEO since 1999 when M&S began to lose its dominance of the market, but it always seems to elude them.
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NewsTopps Tiles half-year profits soar helped by improving consumer confidence
Topps Tiles pre-tax profit soared from £4.7m to £8m in its half year to March 29 helped by improving consumer confidence.
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NewsShoe Zone to float on Friday as it confirms share price
Footwear retailer Shoe Zone has priced its shares at 160p, valuing the business at £80m, as it plans to list on AIM on Friday.
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NewsMarks & Spencer general merchandise sales hit by web launch as profits dip
Marks & Spencer full-year pre-tax profit dipped 3.9% and it warned general merchandise sales had faltered in its new financial year.
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NewsClarks posts annual pre-tax profits up 5.5% to £119.8m
Clarks has unveiled a pre-tax profits rise of 5.5% to £119.8m for the year to January 2014, driven by strong back-to-school sales in the UK.
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OpinionComment: Dixons and Carphone Warehouse earn a new lease of life
Dixons and Carphone Warehouse last week announced a merger deal to create Dixons Carphone, estimated to be worth £3.8 billion.
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NewsGame insists potential investors will not be spooked by 2012 administration
Game boss Martyn Gibbs has insisted would-be investors won’t be spooked by the retailer’s administration two years ago as it returns to the stock market.
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NewsNick Bubb's verdict: Are the Card Factory and Game IPOs growth stories?
They say that people have short memories but it is only two years ago since the publicly-quoted Clinton Cards and Game Group went bust in ignominious fashion, losing their investors a lot of money.
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OpinionComment: Game relies on the product cycle to drive fortunes
As Game confirms its intention to float, it’s clear the retail IPO train continues to come at a pace after such a long drought.
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AnalysisIn numbers: Game's financial statistics ahead of IPO
Game has revealed its intention to float on the London Stock Exchange, just two years after it fell into administration. Retail Week highlights some key figures about the games specialist.