All City & finance articles – Page 137
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NewsGousto to create 1,000 new jobs as sales surge in lockdown
Gousto will create 1,000 new jobs as part of ambitious plans to ramp up its expansion following a surge in sales.
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NewsGreen seeks to restructure Arcadia after Covid hit
Fashion tycoon Sir Philip Green is to overhaul his Arcadia fashion empire for the second time in little more than a year because of the impact of the coronavirus pandemic.
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NewsDebenhams raises ‘For sale’ sign to secure future
Debenhams is preparing to seek new owners among a range of options being considered to put it on a firm footing after its collapse earlier this year.
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NewsFrench Connection turns to Hilco to boost liquidity
Fashion group French Connection has secured funding from investment and turnaround specialist Hilco, which will help it through the disruption caused by the coronavirus pandemic.
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NewsHotel Chocolat to meet profit expectations as sales rise
Hotel Chocolat expects to hit full-year profit guidance as full-year sales rose despite a decline in revenues during lockdown.
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NewsConsumer confidence holds steady despite mounting job losses
Consumer confidence held its position in July as shoppers’ trepidation about the economy was offset by increased optimism in their personal finances.
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Opinion‘Retail hasn’t been left behind by the government – it’s evolving’
On the back of the government’s latest economic update, I’ve read some people saying that retail has gotten used to being ignored by set pieces from chancellors, past and present.
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NewsUnilever beats sales forecasts despite coronavirus crisis
Unilever surpassed its sales expectations despite turnover weakening in emerging markets due to the ongoing coronavirus pandemic.
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NewsEve Sleep narrows losses despite sales slide
Eve Sleep has narrowed its half-year losses despite suffering a fall in sales during the first six months of its financial year.
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NewsKingfisher revenues rise as online sales treble in lockdown
Kingfisher has posted a spike in second-quarter sales following “strong demand” across its European markets and online.
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NewsGovernment opens call for evidence on business rates reform
The government has launched a call for evidence on possible future reform of the existing business rates system.
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Opinion‘Walmart’s Asda Price must be right to secure private equity backing’
On, then off. On, then off. And now back on again. Walmart has resumed efforts to sell off a majority stake in Asda – and hopes it will prove to be third time lucky.
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OpinionJohn Roberts: 'Why all AO staff – not just bosses – will share our success'
At AO.com, we talk a lot about trying to do things that would make our mums proud.
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NewsSuperdry stake snapped up by activist investor
Hedge fund Gatemore Capital has acquired a stake in Superdry and cited confidence in chief executive Julian Dunkerton’s vision for the future of the business.
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NewsAO.com to reward all staff through ambitious incentive plan
All of electricals etailer AO.com’s 3,000 staff are to share in value created in the company through a reward plan that will recognise “truly exceptional performance”.
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NewsTed Baker encouraged by recent trading and online growth
Ted Baker has reported “resilient trading” despite the impact of the coronavirus pandemic and is encouraged by progress on its transformation plan.
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NewsAsda sale talks back on, Walmart reveals
Walmart has recommenced discussions with potential buyers of a stake in Asda, the US giant said.
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NewsBoohoo shares bounce back after co-founders plough £15m into brand
The co-founders of fast-fashion giant Boohoo have bought another £15m worth of shares in a bid to stop the share price from falling any further.
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NewsBensons bolsters tops team as it prepares to streamline store estate
Bensons for Beds has appointed a new chairman and strengthened its executive team in a bid to drive the business’ profitable growth.
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NewsIntu slashes head office roles as future of centres hangs in the balance
Embattled landlord Intu has slashed jobs at both its London head office and one of its subsidiary property companies after collapsing into administration earlier this month.