All City & finance articles – Page 250
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NewsBlue Inc CVA 'unanimously' approved by creditors
Blue Inc’s company voluntary arrangement (CVA) has been “unanimously” approved by creditors following a crunch vote.
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OpinionNick Bubb’s verdict: Headwind versus tailwind at Next
Today’s questions: how cautious would Next be about the economic headwinds for the sector? And how optimistic is it about any tailwinds for the business?
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AnalysisAnalysis: How Next is stress-testing its store portfolio
As online sales grow, fashion giant Next has assessed the viability of its stores. In this extract from Next chief executive Lord Wolfson’s preliminary results business review, he considers three scenarios and explains why he is confident shops ”will remain a profitable asset”.
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NewsTed Baker profits jump as its global retail sales surge
Ted Baker has posted a jump in full-year profit, driven by sales growth in all of its key markets.
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NewsNext warns of further headwinds as profits tumble
Next has suffered a drop in full-year profits and its chief executive Lord Wolfson warned of further “external headwinds” in the year ahead.
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OpinionOpinion: Booker in spotlight ahead of Tesco tie-up
Booker boss Charles Wilson may find his phone ringing more regularly than usual on Thursday morning when he unveils its fourth-quarter results.
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NewsBrantano enters administration with 1,000 jobs at risk
Brantano has tumbled into administration putting the future of its 73 stores and 64 concessions at risk.
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CartoonBlower’s retail cartoon: Argos sales beat Sainsbury's
Cartoonist Patrick Blower’s take on Argos outperforming parent company Sainsbury’s in fourth-quarter results in the nine weeks to March 11.
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NewsShoe Zone circles Brantano as administration looms
Shoe Zone has reportedly tabled a bid to buy ailing value footwear chain Brantano as it teeters on the edge of administration
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NewsKingfisher profits rise, RFU chairman replaces Bernard
Kingfisher has revealed rising profits and like-for-likes and named Rugby Football Union chairman Andy Cosslett as its chairman, succeeding Daniel Bernard.
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NewsSeasalt sales rocket amid store expansion drive
Seasalt’s sales have soared, driven by like-for-like growth and an increased store estate.
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OpinionOpinion: House of Fraser needs to change faster
No wonder British department store chiefs are sprucing up their businesses.
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NewsScS posts rise in sales and earnings in first half
ScS, the sofas and floorings specialist, has reported a rise in interim profits and expects to meet full-year expectations.
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NewsToday in Retail: Tesco and White Company look overseas
As many retailers face into turbulent trading conditions on home soil, two of Britain’s finest have made headlines with their international operations today.
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AnalysisWho could help balance the French Connection board?
Some of French Connection’s biggest investors have piled further pressure on its boss under fire, Stephen Marks.
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OpinionOpinion: Food retail has been hit by lack of strategy
It has become a meaningless cliché to talk about the increasing speed of change in retail, yet the recent dramatic news from the grocery trade is hard to keep up with.
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NewsBreakfast briefing: high street footfall, Next and more
Retail news round-up: Footfall on UK high street declines, and Next may report drop in profit
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NewsEdinburgh Woollen Mill new ‘frontrunner’ to buy Jaeger
Edinburgh Woollen Mill owner Philip Day has emerged as the frontrunner to acquire Jaeger, according to reports.
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NewsHouse of Fraser to cull brands and relaunch website
House of Fraser is cutting the number of brands it sells as part of a strategic overhaul under its Chinese owners.
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AnalysisInfographic: JLP's bonus drop and Shop Direct plugs AI
The week in words and numbers, March 17, 2017: JLP chair Charlie Mayfield promises rise in staff bonus; Shop Direct boss Alex Baldock trumpets AI