All City & finance articles – Page 286
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NewsSports Direct owner Ashley emerges as front-runner to acquire Austin Reed
Sports Direct founder Mike Ashley has emerged as the front-runner to acquire embattled fashion chain Austin Reed, Retail Week has learned.
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NewsYoox Net-A-Porter posts jump in sales as active users up
Etailer Yoox Net-A-Porter has reported a healthy jump in first-quarter sales as its number of active users hit 2.5 million.
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AnalysisInfographic: Flat sales for UK retailers, plus key facts and figures
The week in words and numbers, May 13, 2016: 0% growth in retail sales, plus key quotes from this week’s news stories.
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VideoThe Retail Week: M&S shake-up, SuperGroup success, Asda's Q1 and BHS
This week we discuss the shake-up at the top for M&S, SuperGroup’s full-year results, Asda’s upcoming Q1 performance and the ongoing BHS saga.
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NewsMike Ashley's Sports Direct extends its bet on Debenhams
Sports Direct has reiterated it will remain a “supportive” shareholder of Debenhams after extending its bet on the department store chain.
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NewsTesco boss Lewis pockets £3m bonus as grocer returns to profit
Tesco chief executive Dave Lewis has pocketed an annual bonus of almost £3m after leading the supermarket giant back into the black.
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NewsHMV in Ireland racks up losses following expansion costs
HMV’s Irish business recorded a pre-tax loss last year owing to heavy investment in expansion, despite revenues more than doubling.
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News
Macy’s sales fall as retailer issues profit warning
Macy’s has issued a profit warning after its sales dropped in the first quarter because of falling tourist numbers and discounter competition.
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NewsSuperGroup posts profits and sales rise as founder resigns
SuperGroup has reported a rise in full-year profits and like-for-like sales, and revealed that one of its founders, James Holder, has resigned from his role.
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NewsBHS: Sir Philip Green attacks 'incorrect' testimony from Pensions Regulator
Arcadia tycoon Sir Philip Green hits back following evidence from Pensions Regulator Lesley Titcomb to MPs on Monday.
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CartoonBlower’s retail cartoon: Sports Direct's Mike Ashley eyes Austin Reed and BHS
Retail Week cartoonist Patrick Blower’s take on the Sports Direct founder’s reported interest in buying Austin Reed and BHS out of administration.
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NewsHotel Chocolat's share price soars on stock market debut
Hotel Chocolat’s share price rocketed by more than a quarter yesterday on its first day of trading on the London Stock Exchange.
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NewsBHS owner sold retailer's main distribution centre to repay £5m loan
BHS’s owner sold the retailer’s main distribution centre and used some of the proceeds to pay off a loan used to buy the business.
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NewsBHS suitors submit bids to embattled retailer’s administrator
The administrators of BHS have received “multiple” bids for the department store chain on the day of the deadline for indicative offers.
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AnalysisAt a glance: Gear4music, the instrument etailer hitting the right notes
Gear4Music reported a surge in its first full-year figures since floating today. Here’s a closer look at the online music equipment retailer.
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News
Monsoon profits plunge after a 'very disappointing' year
Monsoon’s profits have plummeted following a “very disappointing” year, as sales fell owing to poor weather conditions and discounting.
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NewsGear4music revenues soar in its maiden full-year results
Gear4music has reported a healthy increase in sales and profits in its first set of full-year results following its flotation last June.
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NewsGo Outdoors explores potential sale as it eyes further expansion
Go Outdoors has hired financial adviser KPMG to explore the possibility of a potential sale in an effort to fuel expansion.
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InterviewInterview: Hotel Chocolat’s Angus Thirlwell on the IPO – and David Bowie
When Angus Thirlwell and Peter Harris opened the first Hotel Chocolat in Watford back in 2004, world domination seemed a million miles away.
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NewsPensions Regulator learnt of BHS sale to Retail Acquisitions via media
The Pensions Regulator only found out that Sir Philip Green had sold BHS to Retail Acquisitions for £1 via the media, it emerged today.

















