All City & finance articles – Page 2
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NewsShop price inflation falls despite mounting cost pressures
Shop price inflation fell in July as retailers competed to keep prices low during sweltering temperatures and with the World Cup on.
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NewsMango revenues jump ahead of global fashion market
Spanish fashion giant Mango reported half-year revenues increasing ahead of the global fashion market, which it said underpinned its “strong value proposition”.
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NewsShein plunges into loss after US closes de minimis loophole
Fast fashion giant Shein has reported a quarterly loss after US president Trump ended the small package import duty exemption.
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NewsFrasers Group looks to install Michael Murray as Hugo Boss CEO
Frasers Group is thought to be exploring ways it can make its boss Michael Murray the chief executive of Hugo Boss, as it continues its takeover pursuit of the German fashion house.
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NewsHarvey Nichols bidders told it needs £60m for transformation
Bidders for Harvey Nichols have been urged to invest up to £60m in the department store chain to deliver a successful turnaround.
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NewsOnline Home Shop reports record sales as profits triple
UK-based retailer Online Home Shop has reported record sales as its profits also tripled.
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NewsFrasers Group extends offer for Australian retailer Accent
The UK retail conglomerate said it was extending its offer to the end of September
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NewsThe Works goes into bricks-and-mortar mode with profits up
The “screen-free” specialist stopped selling through its website in March. Its results for the year to May 3, 2026 showed jumps in revenue and profit
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NewsMulberry cuts annual losses as sales climb
Upscale retailer Mulberry has reported lower full-year losses and an uplift in revenue in “a year of meaningful progress”.
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NewsWickes retail arm returns to growth as it outperforms market
Home and DIY retailer Wickes has seen its retail arm return to growth as the group outperforms the rest of the market.
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NewsBig investors urge JD Sports to take more action on wages
Sportswear giant JD Sports is facing a call at its AGM today to follow up improved transparency on pay with further action towards the ‘real’ living wage.
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Opinion‘Consumers are wary of another cost-of-living crisis’
Retailers must give shoppers clear reasons to put purchases back on their lists, and review their own profit and cost structures, advises Alvarez & Marsal’s Erin Brookes
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NewsMore British retailers warn profits will fall short after Middle East conflict
A growing number of Britain’s biggest retailers are telling investors they will make less money this year than previously forecast, as rising costs and weaker demand squeeze margins across the sector.
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NewsFrasers Group launches share buyback as it appoints new joint broker
Frasers Group has this morning launched a share buyback programme with new joint broker Panmure Liberum.
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NewsBurberry posts sales rise as product and price strategy pays off
Upscale retailer and brand Burberry has reported a quarterly sales uplift and said its strategy is “working”.
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AnalysisOcado’s Steiner sets sights on America as his final chapter begins
While Ocado co-founder and boss Tim Steiner’s time at the helm of the business is drawing to an end, he has set his sights on striking new third-party deals in the US for his final act
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NewsDFS upgrades profit guidance despite challenging market conditions
DFS is expected to post a profit in line with its previous upgraded guidance and a rise in sales despite facing market challenges.
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NewsDunelm revenues increase despite impact of heatwave
The homewares retailer reported a 3.1% sales increase for the year ending June 27, 2026, with digital now representing 42% of its sales.
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NewsOcado Retail swings to profit as group eyes new international partners
Ocado’s joint venture with Marks & Spencer delivered a profit in the first half of the year, as group CEO Tim Steiner said the brand’s technology arm was eyeing new deals internationally.
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NewsInternational growth bolsters Frasers revenue despite weaker UK sports sales
The owner of Sports Direct and Flannels saw international revenue growth of 59.2% in its results for the 52 weeks ended April 26, 2026.