All City & finance articles – Page 287
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OpinionOpinion: Austin Reed and BHS may vanish but newcomers show retail’s vibrant
The administrations of Austin Reed and BHS have dominated headlines, but look past those sad collapses and there are reasons to be cheerful.
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VideoThe Retail Week: Convenience on the wane, Hotel Chocolat and Next results
We discuss Morrisons’ and Sainsbury’s full-years, Hotel Chocolat’s upcoming flotation and the reasons for Next’s disappointing results.
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NewsHotel Chocolat boss Thirlwell: 'We are worth' £167m valuation
Hotel Chocolat boss Angus Thirlwell has insisted “we are worth it” after the business unveiled its initial public offering on AIM.
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NewsHotel Chocolat sets share price at upper end of range as it lists on AIM
Hotel Chocolat has set its share price at the top end of the anticipated range ahead of its float, valuing the retailer at £167m.
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AnalysisAnalysis: Five things we learned from Sainsbury's full-year results
Sainsbury’s is back in the black after posting a £548m statutory pre-tax profit. Here are five things we learned from its full-year results.
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NewsFarfetch raises £76m in new Asian expansion financing round
Luxury fashion etailer Farfetch has raised £76m ($110m) in a new financing round, which aims to facilitate international expansion.
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AnalysisAnalysis: Why has Next's strong run finally come to an end?
Next posted a poor update today after total sales fell in the first quarter and retail like-for-likes were estimated to have fallen nearly 10%.
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NewsMothercare launches finance initiative for suppliers
Mothercare has launched a new initiative to support its suppliers’ financial health, allowing them to request early payment of invoices.
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NewsSainsbury's boss: BHS demise supports rationale for Argos buy
Sainsbury’s boss Mike Coupe says the falls of BHS and Austin Reed have reaffirmed the grocer’s rationale for acquiring Argos.
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NewsGovernment launches full inquiry into the collapse of BHS
The government has launched an inquiry into the collapse of BHS, investigating the conduct of all directors involved in the retailer’s demise.
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NewsBHS administrators hire Savills to advise on store portfolio
BHS’s administrators have appointed property agency Savills to advise on its portfolio as they step up efforts to sell the business.
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AnalysisAnalysis: Joules in numbers as the retailer prepares to float on AIM
After Joules revealed its intention to float, Retail Week takes a closer look at the history of the retailer and its vital statistics
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NewsCo-op offloads former Somerfield sites as it increases c-store focus
The Co-op has offloaded a host of stores it acquired in the ill-fated purchase of Somerfield as it reshapes its core convenience estate.
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NewsConforama ups stake in Darty as tussle with Fnac continues
Steinhoff-owned Conforama revealed this morning that its shareholding of London-listed Darty now stands at 20.4% and is set to increase further.
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NewsJoules and discount retailer The Range shape up to launch IPOs
Fashion firm Joules is close to launching a £140m float, while discount furniture and DIY retailer The Range is also gearing up to go public.
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NewsBargain Booze owner Conviviality bags wholesaler Bibendum in £60m deal
Bargain Booze owner Conviviality is back on the acquisition trail after striking a deal to acquire drinks wholesaler Bibendum for £60m.
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NewsAnalysis: Dairy Farm faces headwinds as it revamps Indonesian business
Dairy Farm Indonesia, the market’s leading supermarket chain, has unveiled first-quarter losses as it continues to revamp its operations.
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NewsAnalysis: BHS is on the ropes, but these five retailers pack a punch
BHS may have lost its resonance with shoppers, but vibrant new retailers are emerging to add a bit of spice to the high street.
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AnalysisInfographic: BHS jobs under threat plus fashion sales fall
The week in words and numbers, April 29, 2016: 11,000 BHS employees stand to lose jobs plus key quotes from this week’s news stories.
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AnalysisAnalysis: What went wrong for collapsed chain Austin Reed?
Austin Reed, famed for bringing ready-to-wear suits to the high street when it was founded in 1900, went into administration this week.