All City & finance articles – Page 243
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NewsToday in retail: Buyers wake up to Dream acquisition
Dreams has drawn interest from Chinese buyers in the first round of bids for the business, which was put up for sale in January.
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NewsSports Direct staff agency Transline nears rescue deal
Transline, the employment agency embroiled in Sports Direct’s warehouse scandal, is approaching a rescue deal with Assist Resourcing.
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NewsDreams bidders bed in on £400m takeover deal
Dreams has piqued the interest of rival Chinese mattress-makers and UK giant Silent Night in the first round of bids for the business.
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NewsBreakfast briefing: Dreams, Net-a-Porter and more
Retail news round-up: Dreams £400m takeover on the cards, Net-a-Porter appoints new global buying director, and Amazon customers get refund without returning items.
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AnalysisAgenda: Asda, Mothercare update, Pennycook joins Fenwick
Retail Week looks ahead to the next seven days, with Asda’s and Mothercare’s latest quarterly updates and Richard Pennycook’s start date at Fenwick all on the agenda.
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NewsMothercare chief financial officer resigns
Mothercare finance boss and executive director Richard Smothers has given notice and will leave the specialist retailer next year.
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NewsSupergroup full-year sales jump bolstered by weak pound
Supergroup posted a leap in its full-year like-for-like sales, a third of which the retailer said could be attributed to currency fluctuations.
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NewsToday in retail: Election brings new profit threat
As the general election gets under way retailers face the possibility of yet more pressure on profits.
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NewsAbercrombie & Fitch hires bankers amid takeover interest
Abercrombie & Fitch has drafted in an investment bank amid acquisition interest from retail rivals.
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NewsBHS: Lobby group demands new rules for private firms
The Institute of Directors (IoD) has called for new governance rules for large private companies to avoid a repeat of the BHS pensions scandal.
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NewsOpinion: Norman and Rowe could be the M&S dream team
Marks & Spencer’s appointment of Archie Norman as chairman, starting in September, was great news.
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NewsJohn Lewis books £36m charge over wage regulations
The John Lewis Partnership has made a provision of £36m to cover potential costs of national minimum wage regulations.
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NewsZalando’s sales rocket in its first quarter
Zalando sales rocketed during its first quarter, driven by European growth outside its home market of Germany.
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NewsMike Ashley raises interest in Debenhams once more
Mike Ashley has raised his interest in Debenhams once again and now holds 17% of the department store group.
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NewsHoF snaps up Issa in bid for fashion authority
House of Fraser has acquired premium fashion brand Issa as part of its ongoing bid to become a fashion authority on the high street.
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OpinionOpinion: Should Sainsbury’s bank its own Booker?
Sainsbury’s delivered a mixed bag of a full-year results statement when it updated the market last week.
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NewsBody Shop bidders include billionaire Bonomi
Billionaire Andrea Bonomi, the investor who backs legendary car marque Aston Martin, is among the group of final bidders for The Body Shop.
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NewsThe Hut’s profits rocket in ‘step-change’ year
Profits and revenues have surged at online retailer The Hut, owner of sites such as Myprotein and Zavvi.
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NewsMonsoon profits fall but boss pleased by current trading
Monsoon has suffered another drop in full-year profits and sales, Retail Week can reveal.
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NewsLK Bennett founder returns to retailer she launched
LK - Linda – Bennett, founder of the fashion retailer she gave her name to, is returning to the business.