All City & finance articles – Page 452
-
News
French Connection ticks along nicely
Fashion group French Connection reported that overall business was in line with expectations although retail sales were “slightly lower” than anticipated.
-
Analysis
Will the Emerald Isle sparkle again?
With EU pressure to accept a bailout, Ireland’s economy is a mess. Will its retailers recover, asks Charlotte Hardie and Greg Lawless
-
News
Retail sales edge up in October, says ONS
Retail sales edged up modestly in October, according to the Office of National Statistics.
-
News
Focus in talks with retailers about store disposals
The private-equity owner of Focus is understood to be sounding out other retailers about selling off some of the DIY chain’s stores to fund investment in new store formats.
-
News
Lloyds Development Capital joins pack chasing Blacks
Lloyds Development Capital has held talks with Blacks Leisure over a potential acquisition, according to reports.
-
News
Blue Inc plots expansion ahead of possible flotation
Menswear retailer Blue Inc has laid down plans to open 20 stores next year ahead of a possible flotation or share placing.
-
News
JD Sports sales edge up
JD Sports Fashion said sales have marginally increased and profit margins have been maintained since its last update in September.
-
News
Halfords recruits Marks & Spencer man as finance director
Bikes and car accessories specialist Halfords has named Andrew Findlay its new group finance director.
-
News
Rising cotton prices threaten Primark’s hard-won margins
Value fashion giant Primark improved operating margins from 10.9% to 12.5% last year but has warned that they may shrink again as cotton prices soar.
-
News
Ikea slashes prices in chase for market share
Furniture giant Ikea UK & Ireland is to focus on growing turnover and market share at the expense of profits as it navigates its way through a challenging big-ticket market.
-
News
Carphone on song thanks to US mobile venture
Analysts upgraded their Carphone Warehouse forecasts after a powerful first-half performance from US venture Best Buy Mobile.
-
News
M&S and JS profits fail to boost retail shares
Food and general retailers both underperformed the market, despite profit advances reported by Marks & Spencer and Sainsbury’s.
-
News
Theo Fennell nears return to black as losses narrow
Upmarket jeweller Theo Fennell narrowed its losses in the first half and analysts expect it to bounce back into the black by the end of the financial year.
-
News
Feelunique.com guns for growth in bid to dominate online beauty
Etailer Feelunique.com is gunning to become the “household name for beauty products” as it lays out its growth strategy for the next five years.
-
Opinion
Asos could well defy doubters
Online star Asos not only has fashion to die for, its numbers look pretty stylish too.
-
News
Fat Face starts rolling out ranges after overhaul of its product offer
Lifestyle retailer Fat Face has overhauled its product offering as part of new chief executive Anthony Thompson’s turnaround strategy.
-
News
BrightHouse eyes best Christmas since 2007
Rent-to-own electricals and furniture retailer BrightHouse is looking forward to its best Christmas for three years after revealing another strong trading performance in its first half.
-
News
Morrisons like-for-likes grow 1.3%
Morrisons expects shoppers to treat themselves at Christmas and then for the focus to return to value in 2011.
-
News
Rose sells shares as Bolland outlines vision
Marks & Spencer chairman Sir Stuart Rose sold 100,000 of his shares in the retailer yesterday – the day his successor Marc Bolland set out his vision for the business.
-
News
American Apparel reports further losses in third quarter
Struggling US fashion chain American Apparel like-for-likes dropped 16% over the third quarter to September 30.