All City & finance articles – Page 322
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AnalysisChristo Wiese's Brait ups stake in frozen food retailer Iceland to 57%
Brait, the investment vehicle of South African billionaire Christo Wiese, has boosted its shareholding in frozen food chain Iceland to 57%.
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AnalysisAmerican Apparel files for bankruptcy protection in the US
Troubled US fashion retailer American Apparel has filed for bankruptcy protection, buy its boss says it can become a “stronger” company.
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VideoThe Retail Week: Amazon Fresh, Aldi and Sainsbury's updates and John Dixon
Catch up on this week’s big retail stories with analysis from executive editor George MacDonald and grocery reporter Luke Tugby.
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AnalysisLakeland profits double and sales grow as investment ‘comes to fruition’
Lakeland has recorded a jump in full year pre-tax profits and sales as investments in a distribution centre extension and store revamps paid off.
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AnalysisVision Express full-year sales strong but profits hit by acquisitions
Vision Express saw an 11% rise in full-year sales, but profits were dragged down by the cost of integrating newly-acquired businesses.
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AnalysisMajestic Wine appoints Charles Tyrwhitt boss Greg Hodder as non-executive
Majestic Wine has appointed Charles Tyrwhitt chief executive and former Direct Wines boss Greg Hodder as non-executive director.
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AnalysisTesco chairman John Allan says further overseas disposals unlikely
Tesco chairman John Allan has ruled out any more major international disposals in the short term following the sale of Homeplus in South Korea.
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AnalysisSainsbury's second quarter trading update: What the analysts say
Sainsbury’s second quarter like-for-likes dipped 1.1%, but full-year profits are set to beat expectations. This is what the analysts said.
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AnalysisAnalysis: Mike Ashley's share grab at Findel raises questions about Kitbag sale
Mike Ashley has once again set tongues wagging by snapping up a big chunk of shares in a fellow retailer, this time targeting Findel.
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AnalysisConsumer confidence dips due to 'depressed back to school mood'
Consumer confidence dipped in September due to a “depressed back to school mood”, according to GfK’s UK Consumer Confidence Index.
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AnalysisTopps Tiles reports 'good' profit growth as it approaches one third of market
Topps Tiles has reported “good growth in profits” for the year and believes it is on course to grab a third of the market.
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AnalysisSainsbury's confident on profits despite 1.1% fall in like-for-likes
Sainsbury’s expects its full-year profits to beat market expectations despite a 1.1% fall in like-for-like sales during its second quarter.
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AnalysisMySale posts £5.2m full-year loss but reports second-half uplift
MySale, the Australian flash Sales site, has reported a full-year underlying EBITDA loss of Aus$11.2m (£5.2m).
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AnalysisBoohoo's strong first-half results: What the analysts say
Fashion etailer Boohoo today reported a healthy jump in first-half sales and profits. Here analysts give their verdicts:
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AnalysisMoss Bros reveals plan to open first stores in the Middle East
Moss Bros has revealed plans to expand internationally with two stores in the Middle East as its turnaround continues to bear fruit.
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AnalysisPrivate equity firm Lion Capital circles footwear retailer Kurt Geiger
Private equity firm Lion Capital has thrown its hat into the ring to acquire footwear business Kurt Geiger.
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AnalysisMoss Bros' stellar first-half results: What the analysts say
Moss Bros has reported a strong first half of the year, clocking up sales of £61.3m while pre-tax profits rocketed 44% to £2.8m. Here analysts give their reaction.
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AnalysisMajestic needs a popular touch in order to see off new threats such as Aldi
As Majestic Wine chief executive Rowan Gormley works on his improvement strategy he has another threat to consider – Aldi.
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AnalysisMoss Bros reveals first-half like-for-likes up 9.7%
Moss Bros boss Brian Brick has said the retailer made “strong progress” in its first half as sales and profits were boosted by its online performance.
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AnalysisScS profits hit by weak spring trading and House of Fraser concessions
ScS profits dipped for the year after the furniture retailer was hit by weak trading in the spring and losses from introducing House of Fraser concessions.