All City & finance articles – Page 164
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NewsLandlord drops Monsoon Accessorize CVA challenge
British Land has dropped a legal challenge to fashion retailer Monsoon Accessorize’s CVA.
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OpinionM&S capital markets briefing – action, not words, will matter
Hot on the heels of Sainsbury’s, next week Marks & Spencer will put itself in the City spotlight when it throws its doors open for a capital markets briefing.
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NewsConsumer confidence inches up despite looming Brexit deadline
Consumer confidence increased marginally across all measures in September as shoppers delivered mixed results ahead of the October 31 Brexit deadline.
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AnalysisAnalysis: Can Boohoo make Karen Millen a Nasty Gal-style success?
Boohoo has unveiled skyrocketing sales and profits at the half-year mark, aided by some of its more recent acquisitions.
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NewsDFS profits rise despite tough trading conditions
DFS has reported a healthy increase in its underlying profit before tax and hailed the progress made following the launch of its new strategy, despite the headwinds facing the sector.
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NewsIkea sales jump after focus on business transformation
Ingka Group, the owner of Ikea, has reported an increase in sales and hailed the success of its business transformation plan, which has seen it invest in new regions, home delivery networks and digital.
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NewsBoohoo profits rocket as international sales surge
Boohoo’s profits almost doubled in its first half as the etailer recorded “strong revenue growth” across its markets.
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NewsSainsbury’s second-quarter sales dented by Argos
Sainsbury’s has hailed “improved sales momentum” during its second-quarter despite challenging trading at Argos weighing on its top line.
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NewsM&Co profits fall as ‘unprecedented trading challenges’ bite
M&Co has posted a fall in annual earnings after confronting “unprecedented trading challenges”.
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NewsMoss Bros half-year profits flat as sales edge up
Moss Bros has posted broadly flat underlying profits at the half-year mark as the retailer posted a small uplift in overall revenue despite a slump in hire sales.
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NewsHotel Chocolat full-year profits beat expectations as sales climb
Hotel Chocolat has reported a sales rise spurred by product innovation in what boss Angus Thirlwell described as a “year of significant progress”.
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NewsCard Factory half-year profits slip as Brexit stockpiling hits margins
Card Factory has posted a decline in half-year profits despite increased sales as the retailer unveils plans to roll out its Aldi supply partnership.
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NewsMarks & Spencer finance boss Singer in shock exit
Marks & Spencer group chief financial officer Humphrey Singer is to leave the retailer less than two years into the role.
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OpinionLeader: Being a disruptor won’t make you a success
“What online-only company is really profitable? Basically none of them. That’s the dirty secret”
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NewsAgenda: Sainsbury’s, Boohoo, Card Factory and DFS
Retail Week looks ahead to the next seven days with updates from Hotel Chocolat, Boohoo and Eve Sleep all on the agenda.
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NewsSports Direct says JD Sports probe could impact major brands
Sports Direct has said that the Competition and Markets Authority’s (CMA) investigation into rival JD Sports’ acquisition of Footasylum could have implications for the wider sector, by restricting supply and increasing prices.
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AnalysisAnalysis: Can Next become an ‘Asos for the middle-aged’?
Prime Minister Boris Johnson may have been empty-chaired on his latest visit to Europe, but there’s one UK representative that is being welcomed in the EU and elsewhere overseas: fashion giant Next
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NewsDebenhams wins High Court battle with landlord to secure CVA
Debenhams has won a High Court battle with a landlord to secure its CVA, paving the way for the department store to shut 50 shops.
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NewsJD Sports’ £90m Footasylum deal faces full competition probe
JD Sports’ £90m swoop on high street rival Footasylum is facing an in-depth probe from the competition authorities.
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NewsNext profits boosted by growth in full-price sales
Next has posted an uptick in half-year profits as it hailed strong growth in full-price sales and its online business.