All City & finance articles – Page 554
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AnalysisM&S has no time to revel in its glory as share price plummets
Marks & Spencer may have made 1 billion, but there was no feelgood factor as its share price – and those of its general merchandise and food counterparts – slid.
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Analysis
Driving ambition
Aquascutum is the Aston Martin of fashion, according to chief executive Kim Winser. Named one of Europe’s top businesswomen, she tells Amy Shields how she’s putting it back in pole position
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NewsDeals breathe life into ailing value market
The reshaping of the embattled value sector began this week with two key deals.
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Opinion
The Retail Week – May 23, 2008
Marks & Spencer’s decision to stock well-known brands such as Heinz Tomato Ketchup was good for a headline, but will it make much difference to the retailer’s food business?
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News
Credit Suisse cuts ties with Sports Direct
Investment bank Credit Suisse has ended its relationship with Sports Direct as corporate broker.
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News
Woolworths to sell stake in 2entertain
Woolworths has appointed UBS to sell its stake in DVD publisher 2entertain.
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News
JJB buys shoe chain Qube
Sports retailer JJB Sports has snapped up Qube Footwear for 1 from West Coast Capital.
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OpinionRetail’s red card
House of Fraser could have delivered an own goal in the unfortunate timing of its autumn/winter press and supplier event last night.
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News
Laura Ashley snaps up 2.2 million Moss Bros shares
Laura Ashley has upped its stake in Moss Bros to 9.79 per cent as Icelandic investor Baugur continues to circle the menswear group.
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Opinion
Manage for cash if you want to survive
Business recovery advisers are unlikely to find themselves under-employed in the coming months, as all sectors will feel the pinch.
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AnalysisWelcome to our new world
Charles Dunstone’s £1.1 billion link-up with Best Buy could change the face of European electricals retailing. Amy Shields reports on one of the most dramatic deals since Wal-Mart bought Asda
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News
Next: The City View
The trading climate’s harshness was highlighted by the sigh of relief and share-price rise that greeted Next’s 8.9 per-cent like-for-like first-quarter sales fall.
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Analysis
Carphone deal jolts electricals but grocers fail to impress City
Carphone Warehouse’s deal with Best Buy set the sector alight at the end of last week, sparking a wave of buying and bid speculation.
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News
M&S staff face bonus cuts
Marks & Spencer staff will see their annual bonuses slashed despite the retailer generating profits of more than 1 billion last year.
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NewsInvestors queue up to revive troubled chains
A string of beleaguered value chains that have hit the buffers recently face a new beginning next week.
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News
New lows for New Heights, but five shops saved
A handful of New Heights stores have been rescued by Sofa Workshop after its sister furniture retailer collapsed into administration this week.
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News
Borders puts Paperchase on market following review
Paperchase has been put up for sale by its US owner Borders.
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News
Justin King lambasts ONS’s inflation stats
Sainsbury’s boss Justin King this week hit out at the Government’s official inflation figures, saying they were giving a misleading view of the grocery market.
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News
DSGi on course for £1bn online sales
DSGi group chief executive John Browett was poised to reveal that annual online sales at the retailer had passed 1 billion for the first time in his eagerly anticipated strategic review.
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Opinion
Dunstone’s deal not without risk
Charles Dunstone has always had an impeccable sense of timing.