All City & finance articles – Page 72
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NewsJoules warns on profits due to supply chain troubles and Omicron
Joules recorded soaring sales across all its channels but has warned of supply chain issues in the coming weeks and months, which threaten Christmas season success.
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NewsOcado predicts ‘best ever Christmas’ as it wins patent trial
Ocado has reported “strong momentum” in the lead-up to the festive period.
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NewsJD Sports set to concede defeat in Footasylum takeover battle
JD Sports is on the cusp of relinquishing ownership of Footasylum following a protracted battle with the Competition Markets Authority (CMA) regarding the takeover.
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NewsPrimark predicts sales gains despite supply chain and Covid disruption
Primark owner Associated British Foods expects sales at the retailer to rise in the coming months despite the reintroduction of coronavirus restrictions in Europe and supply chain challenges.
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NewsHolland & Barrett snaps up at-home beauty business Blow
Health and wellness retailer Holland & Barrett has snapped up at-home beauty services business Blow Ltd for an undisclosed sum.
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NewsDr Martens profits soar after record 6 million pairs sold
Dr Martens has reported mounting profits as it looks forward to a stellar festive season.
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NewsFrasers profits soar but group warns of Covid and supply chain headwinds
Frasers Group has reported strong revenue rises across its portfolio, but remains “cautious” of the impacts of macroeconomic factors such as a potential lockdown over Christmas.
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NewsMoonpig revenues and profits slide against lockdown comparables
Moonpig has posted a dip in revenues and sales as customer spend dropped in line with easing restrictions.
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NewsQuiz warns of potential effect of Omicron on Christmas as it delivers another loss
Quiz has reported a loss before tax and warned its stakeholders about the potential loss of sales due to the rise of the Omicron coronavirus variant in the run-up to Christmas.
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NewsMcColl’s blames Covid-19 and supply chain disruption for falling sales and profits
The embattled c-store chain McColl’s has blamed falling sales and profits in the 2021 financial year on the ongoing coronavirus pandemic and supply chain issues.
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NewsBoots owner considers £5bn sale of health and beauty powerhouse
Walgreens Boots Alliance is considering options for its Boots business, including a sale that could bring a price tag of £5bn or more.
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NewsTed Baker mourns death of chair
Ted Baker chair John Barton has died suddenly, the retailer reported.
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NewsWickes ups profit expectations after strong trading
DIY specialist Wickes has lifted full-year earnings expectations after strong fourth-quarter trading.
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Opinion‘Isla’s Inditex legacy is that the business is bigger than him’
Nobody is bigger than the business, it’s often said, and the test of great companies is that they continue to perform when leadership changes.
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NewsEG Group profits slump against tough comparable but hails foodservice success
EG Group posted a sales increase in the third quarter, but profits failed to match last year’s post-pandemic levels.
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NewsTopps Tiles swings to profit after delivering record year of revenue
Topps Tiles has bounced back to profit after delivering a record year of revenue as the retailer unveiled plans to be “carbon balanced” by 2030.
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NewsAsda sales slip as grocer charters cargo ship to ensure Christmas availability
Asda’s like-for-like sales in the third quarter slipped as the grocer outlined the measures it was taking to ensure good availability for customers heading into Christmas.
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NewsRevolution Beauty losses widen as it plans extensive US expansion
Beauty retailer Revolution Beauty reported widening losses as it unveiled plans to extend its reach in the US retail market.
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NewsLidl returns to profit and unveils new store target
Value grocer Lidl is back in the black and has revealed a new target for store numbers.
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NewsMarks & Spencer buys stake in Nobody’s Child in brand push
Marks & Spencer has acquired a 25% shareholding in Nobody’s Child as it builds a platform of brands to complement its core offer.