All City & finance articles – Page 34
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NewsBoots has grown market share for 14th consecutive quarter as full-year sales rise
Boots has delivered its 14th consecutive quarter of market share growth in the UK as full-year sales grew, driven by beauty products.
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NewsVictoria Plum to cease trading after it makes £2m loss in four months
Victorian Plumbing is set to close the Victoria Plum business it acquired in May, after it made a nearly £2m loss in four months.
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NewsSelfridges’ property portfolio value plummeted last year
The value of luxury department store Selfridges’ property portfolio plummeted by more than half a billion pounds last year, according to reports.
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NewsMulberry's owner has rejected an increased bid from Frasers Group
The owner of luxury fashion brand Mulberry has rejected a revised bid from Frasers Group and said it has “no interest” in selling its shares to the retailer.
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AnalysisTHG’s Ingenuity demerger explained and what it means for the rest of the business
As THG demerges its Ingenuity division, Retail Week examines what this means for the online retail giant
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NewsQuiz chief financial officer heads for the exit
Fashion retailer Quiz’s chief financial officer and company secretary is exiting the business.
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NewsTHG to demerge Ingenuity arm to simplify business model as it sets sight on FTSE
THG is set to demerge its Ingenuity arm as it simplifies its business model as a consumer beauty and nutrition group and targets inclusion in the FTSE UK Index by March 2025.
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NewsIkea’s sales have taken a hit following its move to lower prices
Ikea’s move to draw shoppers in with lower prices has taken a toll on its revenues.
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NewsN Brown has announced a profit improvement as it focuses on sales
Home shopping group N Brown has reported a small profit in its first half on the back of strategic progress.
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NewsPrivate equity group Apollo has taken control of End Clothing
Private equity house Apollo Global Management has bought fashion retailer End Clothing from its counterpart Carlyle Group.
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NewsRevolution Beauty sales and profits have dipped amid ‘transformational year’
Cosmetics retailer Revolution Beauty’s sales and profits have dipped during the first half as it works towards a “return to growth” and ramps up global expansion.
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NewsSaudi Arabia has invested in Selfridges in a new partnership with Central Group
Selfridges majority owner Central Group has announced a new partnership with Saudi Arabia’s Public Investment Fund (PIF) and confirmed the total buyout of Signa Group’s interest in the business.
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NewsFootasylum has secured a £35m credit facility to fund UK growth ambitions
Footasylum has secured a £35m credit facility as it looks to accelerate growth in the UK.
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NewsThe Very Group is set to appoint bankers as it eyes £2.5bn sale
The Very Group is lining up banks to handle a strategic review of the business that could potentially lead to a sale in the range of £2.5bn.
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NewsWeird Fish has reported rising profits despite a dip in sales
British fashion retailer Weird Fish has reported rising profits for the full year despite a dip in sales as it unveils further UK expansion plans.
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NewsFrasers ups stake in Mulberry following rejected bid
Frasers Group has increased its stake in luxury retailer Mulberry, following the rejection of a takeover offer.
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NewsWatches of Switzerland snaps up luxury digital content platform
Watches of Switzerland has acquired a global digital editorial content provider which it said is preeminent in its field.
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NewsShein prepares investor roadshow as it eyes London IPO
Fast fashion giant Shein is to hold a series of informal meetings with potential investors as it seeks a blockbuster listing on London’s Stock Exchange.
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AnalysisTesco boss on why he’s optimistic for Christmas and bringing F&F back online
Despite low consumer confidence and a pallor of gloom around the government’s coming Budget, Tesco boss Ken Murphy is still confident about Christmas
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NewsBritish Land has bought seven more retail parks in a £441m deal
Institutional landlord giant British Land has tapped up shareholders for £300m as it snaps up seven more retail parks.