All City & finance articles
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NewsMulberry sales rise thanks to turnaround strategy
Luxury brand Mulberry is continuing to see strong sales momentum as its “back to the Mulberry spirit” strategy continues to deliver.
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Opinion‘We need more corporate leaders brave enough to bet on UK innovation and technology’
Big companies such as retailers could be more front-footed in backing technology champions of the future, believes True’s Matt Truman
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NewsProCook ‘well positioned’ for peak after record first half
ProCook said it is “well positioned” for the important peak trading period after it delivered another period of record-breaking sales.
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NewsThe Range owner CDS makes bid for Poundland
The owner of The Range, Wilko and Homebase is understood to have joined the group of suitors circling Poundland.
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NewsRetailers urge chancellor to raise national insurance threshold
M&S boss Stuart Machin and Sainsbury’s chief executive Simon Roberts were among the retailers talking to John Healey about the impact of higher national insurance contributions at Number 11 event yesterday
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NewsHMRC raids Moda In Pelle head office as part of tax probe
HM Revenue & Customs has raided the head office of troubled footwear retailer Moda in Pelle as part of its ongoing investigation, West Yorkshire Police have confirmed to Retail Week.
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NewsKingfisher names new CEO
Kingfisher has announced the appointment of Sebastian Gundel as chief executive officer, to replace Thierry Garnier early in 2027.
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NewsLandsec increases ownership stake in Bluewater
Institutional landlord Landsec has announced it has completed the acquisition of an additional 10% stake in the Bluewater shopping centre.
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NewsPoundland in talks with Irish property firm over rescue deal
Poundland is reportedly in talks with Irish firm Martin Property Group about a rescue deal after owners Gordon Brothers put it up for sale.
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NewsSchuh appoints new chief financial officer
UK footwear retailer Schuh has appointed a new chief financial officer.
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NewsGreat Wines Direct owner joins race for Majestic against Tesco
Komerz, the owner of Great Wines Direct, has bid for Majestic Wine as a rival to Tesco, Sky News reported.
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NewsNorth America and Europe sales shine at Uniqlo owner Fast Retailing
The two regions combined overtook China, Fast Retailing’s largest market, for the first time.
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AnalysisHas Tesco’s grocery business neared its peak?
Tesco’s winning streak of gaining market share faltered in its interim results, despite the grocery giant raising its full-year profit guidance and reporting an increase in sales.
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NewsTesco adjusts full-year profit guidance as sales and profits rise
Tesco has adjusted its profit guidance for the full year as half-year results show sales and profit increase.
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NewsPoundland pilots new in-store model as like-for-likes climb further
Value retailer Poundland is trying out a new in-store approach to general merchandise and clothing as like-for-likes advance, Retail Week can reveal.
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DataRanking: Tesco is the most valuable retail brand in the UK
The latest Kantar Brandz ranking values the country’s top grocer at $10.1bn (£7.6bn), making it the most valuable retail brand in the UK and eighth most valuable brand overall.
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NewsFrasers Group builds stake in Under Armour
Frasers Group has amassed a stake in US-based sports apparel and equipment giant Under Armour.
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NewsDr Martens makes top finance team appointment
Footwear retailer Dr Martens has appointed a new global commercial finance director
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AnalysisWhy Tesco could be targeting a Majestic Wine takeover
Tesco is thought to be among those considering the acquisition of Majestic. From wholesale opportunity to retail benefits and customer data potential, there is a raft of reasons why a deal might stack up.
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Opinion‘The question for boards about AI is whether it’s moving a number that matters’
No retailer would fund a new store format because the demonstration looked good. AI should not be treated any differently, maintains OurCoop chief finance officer Selina Butterfield-Mashoofi