All City & finance articles – Page 393
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News
RBS private equity arm eyes Dreams acquisition
The Royal Bank of Scotland’s (RBS) private equity arm has expressed an interest in acquiring up-for-sale retailer Dreams.
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Analysis
Analysis: What can the City expect from the updates next week?
Next week is set to be pivotal in defining how the retail sector performed during the festive period as several large retailers update on their trading.
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Analysis
Next: What the analysts say
Next 3.9% jump in sales over the festive period was welcomed by the City this morning.
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News
Next Christmas sales up 3.9%
Fashion retailer Next posted total sales up 3.9% in the Christmas trading period, as it narrowed its profit guidance.
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Opinion
Comment: 2012 - The year 2012 in review
This is my last column of the year. So what sort of year do we think it’s been? A strange one in many respects and certainly quite unique.
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News
Jeweller Theo Fennell halves losses as takeover talks continue
Jeweller Theo Fennell more than halved its losses in the first half as takeover talks continue.
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Opinion
Comment: Top retailers deliver returns
So farewell then Comet, which went through its death throes this week and will never trade through another Christmas - at least not as a chain of stores.
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Opinion
Comment: The US is still a land of opportunity
On the assumption that the world has not ended today, and that Retail Week is still being read beyond Bugarach, attention will carry on being devoted to transatlantic developments.
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Opinion
Comment: Cable’s Comet investigation – what can we expect?
The collapse of electronics giant Comet has sent ripples through the business community that extend well beyond the retail sector.
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Opinion
Comment: Online communities have high expectations
Facing bad PR and a potential consumer backlash, Starbucks in the UK has voluntarily agreed to pay £20m in taxes over the next two years.
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News
HMV eyed by Apollo Global Management
Struggling entertainment retailer HMV is being eyed for a takeover by Apollo Global Management, one of the world’s largest investment groups.
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News
'HMV still has a place on the high street', insists chief executive Trevor Moore
HMV’s new boss Trevor Moore has insisted there is a demand for a high street entertainment retailer despite HMV warning that it may breach its banking covenant at the end of January.
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News
Moss Bros like-for-likes jump 3.7%
Formal menswear retailer Moss Bros has posted a 3.7% jump in like-for-likes for the 19 weeks to December 8, 2012.
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News
Laura Ashley like-for-likes up 4.9%
Laura Ashley like-for-likes increased 4.9% in the 19 weeks to December 8, 2012.
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News
HMV warns over covenants despite narrowing first-half losses
HMV has warned it might breach its banking covenants despite narrowing losses and improved like-for-like sales in the first half.
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News
Sports Direct first-half profits soar as House of Fraser speculation grows
Sports Direct’s pre-tax profit soared in its first half as speculation builds that it is in talks to buy department store House of Fraser.
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Opinion
Comment: UK growth bodes well for Asos
Global fashion powerhouse Asos is really leading the etail pack.
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News
Wickes posts 5.8% like-for-like fall
Travis Perkins’ retail division, which largely comprises DIY chain Wickes, posted a like-for-like sales fall of 5.8% for the 11 months to the end of November.
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News
SuperGroup profits jump as it drives overseas expansion
SuperGroup underlying pre-tax profit jumped 13.1% to £14.7m in its half year to October 28.
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News
Carpetright eyes Tottenham Court Road store in London push
Floorings giant Carpetright is making a push for the capital as it seeks out smaller high street stores in London.