All City & finance articles – Page 409
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AnalysisAnalysis: Why teenage Generation Z shoppers are different
Today’s teenagers are growing up amid a digital revolution, and retail has some work to do if it’s going to keep up.
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OpinionNick Bubb’s verdict: Is the rising tide lifting House of Fraser’s yacht?
Despite impressive online sales growth, helpful autumn weather and rising consumer confidence, is House of Fraser rising with the tide?
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OpinionComment: Time to recognise big retail’s role in economic recovery
Ed Miliband’s ideas to tackle the burden of business rates on small businesses should be welcomed and will help stimulate the more detailed debate that’s needed if a solution to this punitive cost on retail is to be found.
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NewsLaura Ashley blames weather as profits fall in 'challenging' first half
Laura Ashley pre-tax profit slipped 10.8% to £7.8m including exceptional items due to a “challenging” first half caused by the weather.
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NewsTopps Tiles expects full-year profits to edge up 1.6% to £13m
Topps Tiles expects pre-tax profits to edge up 1.6% to £13m in its year to September 28, with like-for-likes set to fall 0.5%.
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OpinionComment: Argos' tie-up with eBay could be a game-changer
Argos’ pilot with online giant eBay, enabling customers of 50 sellers on the marketplace to collect orders from 150 stores, looks inspired.
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OpinionComment: Retailers need to think locally – and act locally too
You could be forgiven for thinking that UK retail has finally turned the corner in recent weeks. Sales at Debenhams stores that have been open for over a year rose 1.9 per cent in the 10 weeks to August 31st.
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AnalysisAnalysis: Reporting season provides retail health check
Some of retail’s biggest names have updated on their performance, giving an insight into their outlook on shopper trends, the high street and the economy.
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OpinionNick Bubb’s Verdict: Asos - Amazingly strong online sales?
Back in the past, Asos stood for “As Seen On Screen”, but now it seems to stand for “Amazingly Strong Online Sales”…
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NewsAsos UK's revival down to self-help not economy, says Robertson
Asos’ soaring UK sales are down to self-help rather than any improvement in the economy, according to boss Nick Robertson.
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NewsAsos to beat profit forecasts after strong fourth quarter
Online fashion retailer Asos has raised full-year profit expectations after strong trading in the fourth quarter.
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NewsLink between rents and rates irrevocably broken
The link between business rates and rents is likely to have been permanently severed, showing how out of touch the ratings regime has become.
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OpinionComment: London Fashion Week struts its stuff for the economy
From One Direction to Samantha Cameron, London Fashion Week may attract its fair share of celebrities among the 5,000 visitors that come to see what the best of the British fashion industry has to offer.
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NewsJD's sports stores sparkle as first-half profits soar to £10m
JD Sports Fashion’s pre-tax profits before exceptionals jumped from £2.9m to £10m in its half year as earnings soared at its sports fascia.
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OpinionComment: Next boss Lord Wolfson’s house price warning
Retailers whose fortunes depend on an active housing market have welcomed new signs of life such as more mortgage approvals and transactions.
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NewsThe Hut Group targets 50% overseas sales by 2014 as it mulls IPO
Half of fast-growing etail group The Hut’s sales are set to come from overseas by the beginnning of 2014 as it continues to mull an IPO.
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AnalysisDebenhams’ fourth quarter: What the analysts say
Debenhams today reported like-for-like sales rose 1.9% in the fourth quarter. Retail Week rounds up the City’s reaction.
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NewsDebenhams like-for-likes up 2% as online sales soar
Debenhams’ like-for-like sales jumped 2% in the 52 weeks to August 31 as it gained market share and grew its online business.
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NewsThe Hut records strong first half profit growth
The Hut has reported strong growth in first half profits after sales increased more than 30% year on year.
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NewsFrench Connection losses before tax narrow to £6.1m
French Connection has revealed narrowed losses before tax of £6.1m in its half year to July 31.