All City & finance articles – Page 342
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NewsHotel Chocolat first-half profits triple as it pushes 'healthy luxury' message
Hotel Chocolat has revealed its first-half profits have more than tripled as it gears up for the crucial Easter trading period.
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NewsRussian etailer Ulmart considers $800m fundraising in growth push
Russian etailer Ulmart is interested in raising $800m (£538m) in financial markets including London to fund growth in its home country.
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OpinionComment: Heads roll at Morrisons as Potts aims to simplify the business
It didn’t take long for new Morrisons boss David Potts to make his presence felt - and the presence of a raft of other directors is no longer required.
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NewsGame parts company with CFO Benedict Smith as sales and profits drop
Game has reported a drop in sales and pre-tax profits for the half year and is parting company with chief financial officer Benedict Smith.
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NewsAchica’s 2013 profits eaten into by staff cost increases despite sales rise
Achica reported an increase in sales but the luxury homewares etailer remained in the red in its full-year financial results for 2013.
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NewsScS posts increase in sales and gross profit but EBITDA falls
ScS reported an increase in sales and gross profit for its maiden interim results, but EBITDA and operating profits were down.
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NewsInfographic: John Lewis and Waitrose benefit from Mother’s Day sales
The John Lewis Partnership has unveiled an increase in sales, thanks to shoppers buying last-minute gifts for Mother’s Day.
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VideoThe Retail Week: BHS, Next, Homebase, Asda and Decathlon discussed
Join our executive editor George MacDonald and news editor Nicola Harrison, as they pick through the week’s main news stories.
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CartoonBlower’s retail cartoon: Sir Philip sells BHS to Retail Acquisitions
Retail Week cartoonist Patrick Blower’s take on Sir Philip Green selling struggling retailer BHS to Retail Acquisitions.
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NewsWickes owner creates 4,000 new jobs across the UK
Wickes owner Travis Perkins is creating 4,000 new jobs over the next four years predominantly outside London and the Southeast.
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OpinionNick Bubb’s verdict: Next – sensibly cautious or crying wolf?
Nobody believed the boy who cried wolf all the time, but could Lord Wolfson be right to be cautious about the outlook for 2015/16?
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NewsJones Bootmaker and Brantano parent plans to sell retailers this year
Macintosh Fashion UK, which owns Jones Bootmaker and Brantano, plans to sell the footwear retailers within the next nine to 12 months.
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NewsTed Baker boss Ray Kelvin hails 'excellent year' as sales and profits jump
Fashion retailer Ted Baker’s profit before tax and exceptional items increased 23.7% to £49.5m in the year to January 31.
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NewsNext sales and profits up but chief Lord Wolfson remains cautious on outlook
Next’s full-year sales and profits increased but the retailer’s chief executive Lord Wolfson remains cautious on the outlook.
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NewsBreakfast Briefing: Retail news on Inditex, Aldi and Wickes
Retail news round-up on March 18, 2015:Inditex reports annual profit up 5%, Wickes launches Let’s Do It Right campaign, Aldi unveils £2.5m Easter TV campaign
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NewsSamsonite sales surge as it prepares aggressive drive on retail sales
Luggage manufacturer Samsonite has reported its highest ever sales figure after a 17% surge last year, as it prepares to push its direct retail sales.
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OpinionComment: Morrisons’ disclosure of commercial income should be replicated by others
Morrisons struck a blow for transparency when it posted full-year figures last week and opted to provide “enhanced disclosure” of commercial income.
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AnalysisSainsbury’s sales dip again: what the analysts say
Sainsbury’s has recorded a fifth consecutive drop in like-for-like sales and is warning of a “challenging 2015”. Here’s the analysts’ view.
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NewsFrench Connection reduces losses but like-for-like sales fall
French Connection has reported smaller losses for the year as it continues its turnaround plan, but like-for-likes in its retail division have continued to fall.
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NewsBreakfast Briefing: Retail news on Tesco, BHS, Argos and more
Retail news round-up on March 16, 2015: Naked Wines considers stake sale or float; Nick Lansley quits Tesco Labs; and Sir Philip Green demands and new BHS owners agree to top up pension deficit.