All City & finance articles – Page 453
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NewsHalfords puts acquisitions on hold to make core business top priority
Halfords has put potential acquisitions on the back burner as it focuses on the core business.
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NewsAlexon Group like-for-likes edge up 0.4%
Womenswear group Alexon, which includes the Ann Harvey and Kaliko chains, experienced a marginal group like-for-like sales rise for the period from August 1 to November 23, and remains cautious on the outlook.
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NewsSignet post strong Q3 performance despite dip in UK sales
Retail jewellery giants Signet reported like-for-likes up 7.2% across the Group despite a slight dip in UK sales in its third quarter results.
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NewsClinton Cards "well prepared" for Christmas despite sales fall
Greetings cards retailer Clinton Cards group like-for-likes fell 3% in the 16 weeks to November 21.
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NewsJohn Lewis weekly sales surge as cold weather sets in
John Lewis said total sales surged 12% to £88m in the week to Saturday, after a strong performance from cold weather clothing.
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NewsTesco sales "strong" in Asia as analyst trip kicks off
Tesco said its performance in its Asian business continues to be “strong” as it kicked off an analyst event in the region yesterday.
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NewsMixed updates but retailers outperform
A mixed bag of updates resulted in general retailers outperforming the All Share index, although they were still down week on week, while food groups managed to stay in positive territory.
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NewsJJB issues profit warning as sales fall short
Sports group JJB has issued a profit warning after like-for-like sales failed to meet expectations.
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OpinionSignet is a diamond in the rough
Since it listed on the New York Stock Exchange in 2008, Signet - which after its crisis as Ratners in the early 1990s has traditionally kept a low profile - has been a little overlooked in the UK.
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NewsMajestic grabs share for first time in decade
Majestic Wine has grown market share for the first time in 10 years after reducing its minimum order requirement and one of its key competitors exiting the market.
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AnalysisWeathering the fashion costs storm
With cost increases across materials, shipping and labour, are rising prices the only way for retailers to protect profit?
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NewsJD Sports on the rise but cautious for Christmas
Fashion group JD Sports reported that like-for-likes have risen since the end of August but expressed caution about Christmas trading.
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NewsSchuh secures cash for buyout and expansion
Footwear retailer Schuh has secured a refinancing package from Lloyds Banking Group to buy out shares from two retiring shareholders and fund expansion plans.
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OpinionCore values are key to business success
It would be heartening to regard the recession as only a harsh phase in the macroeconomic cycle, and one from which we will duly emerge.
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NewsOverseas growth beckons as Burberry pre-tax profits soar
Pre-tax profits at luxury retailer Burberry rocketed nearly 50% to £129m in the first half when it introduced a new pricing strategy and fine-tuned its stock replenishment system.
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OpinionRising costs puts focus firmly back on product
UK consumers have never had it so good. In fact, thanks in large part to sourcing from the Far East, we have been in such a long period of deflation that shoppers have got used to a world in which prices fall consistently.
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NewsArcadia boss Green warns on rising costs of doing business
Rates, raw materials and wages worry Sir Philip Green despite jump in the fashion group’s profits
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NewsFrench 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.
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AnalysisWill 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
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News
Retail sales edge up in October, says ONS
Retail sales edged up modestly in October, according to the Office of National Statistics.