All City & finance articles – Page 412
-
NewsWHSmith full-year profits "in line with expectations" as travel fascias thrive
WHSmith’s full-year profits will be in line with market expectations as its travel business continues to thrive.
-
NewsHMV creditors including pension fund to lose £250m
HMV’s pension fund is among a number of creditors poised to lose more than £250m, according to an update on the administration from Deloitte.
-
OpinionComment: House of Fraser's IPO prospects
House of Fraser chiefs are considering whether there would be an appetite for an IPO of the department store business, almost a decade after it was taken private.
-
NewsHouse of Fraser eyes return to the stock market
House of Fraser is mulling a return to the stock market after almost seven years of private ownership.
-
OpinionComment: New Look enjoys a new lease of life
New Look was in the headlines this week after revealing plans to introduce concessions such as nail bars into its stores in order to increase shoppers’ dwell time.
-
OpinionComment: At home and abroad, the Tesco empire strikes back
All eyes were on Watford last week as Tesco unveiled the first incarnation of a new model for its big-box Extra format.
-
NewsAdministrator reports Nicole Farhi’s debts were almost £20m at collapse
Premium fashion brand Nicole Farhi collapsed last month with debts of almost £20m, according to the administrator’s report.
-
NewsPawnbroker H&T poised to shut Gold Bar fascia as profits fall
Pawnbroker H&T is poised to close its Gold Bar fascia after the price of gold fell while competition heated up.
-
NewsBreakfast briefing: Retail news on Nicole Farhi and eBay
Retail news round-up August 13, 2013: Nicole Farhi’s debts were £20m at collapse according to administrator’s report and eBay UK teams up with Dressipi.
-
OpinionComment: Chris Bryant's criticism of Next and Tesco missed the real retail jobs story
British retailers employ 3 million people in the UK, but you’d think from Labour immigration spokesman Chris Bryant MP’s comments that they all come from Gdansk or Warsaw rather than Dagenham or Wakefield.
-
OpinionComment: Flexible contracts may be more ‘hero than zero’
A lot has been written this week about zero-hour contracts, whereby employees need to be available for work, but are not guaranteed any set number of hours.
-
NewsBargain Booze owner hires former Musgrave finance director
Bargain Booze owner Conviviality Retail has appointed former Musgrave Retail Partners finance director Julie Wirth as its chief finance officer.
-
AnalysisAnalysis: Payment and targeted marketing - how bank data is changing retail
Bank data is allowing for more targeted and convenient payment and marketing offers. Rebecca Thomson looks at how the partnership between finance and retail is changing.
-
NewsTheo Fennell attracts £2.9m bid from Jon Moulton-backed investment group
Jewellery retailer Theo Fennell has received a recommended cash offer to acquire the brand from Mirfield 1964, an investment vehicle which plans to replace acting chief Theo Fennell with former Goldsmiths chairman and chief executive Jurek Piasecki.
-
NewsCostcutter secures £35m refinancing to support growth
Symbol group Costcutter Supermarkets Group has today signed a £35m refinancing deal with Barclays.
-
NewsConviviality Retail shares rocket on public debut
Bargain Booze owner Conviviality Retail enjoyed a strong debut on the AIM stock exchange yesterday as shares surged on its first day of trading.
-
OpinionComment: M&S shows signs of improvement as its autumn collection launches
The first lines from Marks & Spencer’s much-anticipated autumn collection started to go into stores last week and the drop seemed to be accompanied by a feeling of genuine confidence and excitement at the retailer.
-
OpinionNick Bubb’s Verdict: Next - 'spontaneous' shopping and retail disciplines
The heatwave in July certainly felt like spontaneous combustion at times, but Next thinks that consumers are becoming more “spontaneous”.
-
AnalysisNext’s second quarter: What the analysts say
Next today reported its sales jumped 2.3% in its first half as it revised up full-year profit forecasts. The City reacted positively to the results.
-
NewsNext increases profits by £10m after smaller Sale
Next sales jumped 2.3% in its first half as it revised up full-year profit forecasts after adding £10m to its earnings through more full-price sales and lower markdowns.