All City & finance articles – Page 448
-
News
Reiss' recession initiatives boost EBITDA
Reiss said its sub-brand launch 1971 Reiss and its revamped website helped UK EBITDA to rise 7% to £9.1m for the year to January 31 2010.
-
News
Burberry's Angela Ahrendts awarded £5.6m in shares
Angela Ahrendts, chief executive of luxury British retailer and brand Burberry, has been awarded £5.6m of bonus shares.
-
News
Tesco's Higginson sells £1m of shares
Tesco boss Andrew Higginson has offloaded a tranche of shares in the top grocer.
-
News
Stakebuilders spot an opportunity in retail
Retail shares, like the temperature, dipped below zero as the big freeze was reflected in icy investor attitudes towards stores on fears that trading will suffer in the golden period.
-
News
Full-price purchases help Mulberry profits rocket
Luxury retailer Mulberry’s profits soared in its first half, when a higher proportion of sales were made at full retail price during the spring season and there was less reduced stock in the Sale.
-
News
Hampers group Park makes first-half profit
Half-year sales at hampers and Christmas savings specialist Park Group rocketed as hard-pressed consumers increasingly put money aside for the festive period.
-
News
SuperGroup shares hit by margin fears
Julian Dunkerton, chief executive of fashion retailer SuperGroup, has played down the impact of rising cotton prices after its shares plummeted by about 15% on Wednesday despite posting an 86.4% hike in pre-tax profits to £14.6m for the first half of the year.
-
Opinion
No trolley dash for retail
Many retailers have weathered the trading storms well post credit crunch but their efforts have frequently not been matched by investor enthusiasm.
-
News
Jessops on course to make EBITDA profit
Camera specialist Jessops expects to make an EBITDA profit in the year to January 2, after making a £41m loss last year. The retailer has also bolstered its management team as it gears up for growth.
-
News
Christmas on ice
High street could benefit at the expense of out-of-town shops if the bad weather continues
-
News
Mothercare to capitalise on overseas promise
Maternity specialist Mothercare aims to double its international sales by 2014 as its UK business continues to find the going tough.
-
News
Sales and margins up at Moss Bros
Menswear group Moss Bros reported sales and margins were up as chief executive Brian Brick’s improvement programme for the retailer continued.
-
News
Big-ticket retailers race to start Sales before the VAT rise hits
DIY and furniture retailers confident about early start to January Sales but cautious about early 2011
-
News
HMV cautious over Christmas trade after poor interim results
HMV disappointed the City last week with worse-than-expected interim results and cautious comments about the crucial Christmas trading period after snow hit sales.
-
News
Laura Ashley sales rise despite snow
Furniture and fashion retailer Laura Ashley like-for-likes grew 2.7% in the 19 weeks to December 11.
-
News
Tesco poised to start search for new chairman
Tesco is preparing to start the search for a new chairman to replace David Reid.
-
News
Profits jump at Zara-owner Inditex as its expansion pays off
Zara-owner Inditex net profit increased 42% to €1.2bn (£994m) in the nine months to October 31 across the fashion group, which also owns Massimo Dutti and Bershka.
-
News
Russian tycoon Mamut increases HMV stake
Russian oligarch Alexander Mamut yesterday increased his holding in troubled entertainment retailer HMV.
-
News
Wickes sales grow as shoppers buy ahead of VAT rise
DIY chain Wickes like-for–likes grew 0.6% in the 47 weeks to November 27 with turnover up 2.7%.
-
News
PPR scotches Burberry takeover talk
French luxury goods group PPR, the business behind brands including Gucci, Stella McCartney and Alexander McQueen, has quashed speculation that it intends to acquire British luxury retailer and brand Burberry.