All City & finance articles – Page 240
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NewsBody Shop price tag hurt by 'poor profit expectations'
Body Shop’s parent company L’Oreal hopes to sell it for €800m but is reportedly forecasting a slump in the ethical retailer’s upcoming profits.
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NewsShoe Zone half year profits hit by slumped sterling
Shoe Zone blamed the devaluation of sterling against the dollar since last year’s Brexit vote for a slump in half-year profits.
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OpinionOpinion: AO.com faces challenging investor climate
Solid revenue growth at the expense of profitability is a well-trodden path for young ecommerce firms, so why have AO.com’s numbers been so poorly received?
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NewsToday in retail: New Look and AO sing the retail blues
Underwhelming results from New Look and AO.com, plus gloomy BRC retail sales, compounded to paint a bleak portrait of the retail landscape today.
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NewsJoules sales spike as it ramps up profit expectations
Joules has enjoyed a spike in sales in its first full year since its IPO and ramped up its profit guidance ahead of its preliminary results.
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NewsNew Look profits slump as UK sales suffer
New Look has suffered a slump in full-year profits and like-for-like sales amid a stark warning that the coming year will “remain challenging”.
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NewsAO.com narrows losses despite ‘challenging’ UK market
AO.com has narrowed its full-year losses despite the “challenging trading environment” in the UK and continued losses in Europe.
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NewsToday in retail: Ocado and Iceland reap online rewards
It’s been years in the making – and today Ocado could finally bask in the limelight of its first international deal.
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AnalysisFive of the biggest pureplays you’ve never heard of
Our list of the biggest UK-based pureplay retailers by sales had some surprising entries. We take a look at five of the most successful, but perhaps less familiar, etailers giving the most established players a run for their money.
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OpinionOpinion: Was Ocado’s first overseas deal worth the wait?
It’s been a long time coming, but was news of Ocado’s hotly anticipated maiden international tie-up worth the rather protracted wait?
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NewsTesco PwC probe closed by accounting watchdog
The UK’s accounting watchdog has closed its investigation into Tesco’s accounts, which was launched in the wake of the grocer’s profits scandal.
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NewsTesco investor warns grocer over Booker deal
The boss of Tesco investor Artisan Partners has claimed he has not spoken to a single investor who backs the grocer’s proposed tie-up with wholesaler Booker.
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NewsProfits slide 16% at Topshop owner Arcadia
Profits at retail tycoon Sir Philip Green’s Arcadia business have fallen as the Topshop to Dorothy Perkins group confronted harsh trading conditions.
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NewsShop Direct private equity interest stalls
Some leading private-equity houses have decided against bidding for home shopping giant Shop Direct.
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NewsSchuh reveals rising profits to beat footwear market
Schuh has revealed rising profits and sales in its full-year results, as it continues to press ahead with store expansion.
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NewsFrench Connection investors issue Marks ultimatum
The bitter French Connection row has escalated further after one of the company’s biggest shareholders issued an ultimatum to its founder Stephen Marks.
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NewsAsda slashes small supplier payment terms to 14 days
Asda is reducing its payment terms for small suppliers to 14 days as it beefs up efforts to work “more effectively” with its supply base.
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NewsToday in retail: Tesco and Booker begin watchdog slog
If the competition watchdog’s recent record is anything to go by, Tesco and Booker should brace themselves for a long slog.
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NewsChinese healthcare firm in last-minute Body Shop bid
A Chinese healthcare company is considering making a late bid for the Body Shop, which has been put up for sale by its French owner L’Oréal.
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AnalysisAnalysis: Has Pets at Home got its bite back?
Pets at Home has been in the dog house of late, especially after City broker Morgan Stanley suggested it “faced a bleak future” earlier this month.