All City & finance articles – Page 363
-
NewsDunelm like-for-likes jump 8.9% helped by weak comparatives
Homewares retailer Dunelm’s like-for-likes jumped 8.9% in its first quarter helped by weak comparatives during last year’s heatwave.
-
NewsSports Direct ups stake in Debenhams to 11.2% as its rolls out concessions
Mike Ashley’s Sports Direct has upped its stake in Debenhams by a further 4.6%, just days after it put a £43m bet on Tesco.
-
OpinionComment: Retailers priorities as the 2015 general election approaches
In the eight months leading up to the 2015 general election, what should political parties be prioritising for the UK retail sector?
-
CartoonBlower’s retail cartoon: HMV celebrates return to profitability
Retail Week’s cartoonist Patrick Blower’s take on HMV’s return to profitability after falling into administration in 2013.
-
NewsBillionaire investor Warren Buffett said investing in Tesco was a 'mistake'
Billionaire investor Warren Buffett has said that investing in Tesco was a “huge mistake” after shares slup 45%.
-
AnalysisTed Baker interim results: what the analysts say
Ted Baker posted a strong first-half performance. Here analysts highlight the most important points from the fashion group’s update.
-
NewsFurniture Village swings back to pre-tax profit after realigning margins
Furniture Village has swung to a pre-tax profit of £1.6m for the year following a loss last year, on the back of improving margins.
-
NewsTed Baker half-year profits jump 24.2% as ecommerce sales surge
Ted Baker’s half-year profits have jumped by 24.2% and ecommerce sales at the fashion retailer have surged by almost 50%.
-
AnalysisEmerging retailer: $1bn personalised women’s apparel etailer JustFab
It seems a little incongruous to call JustFab an emerging retailer. The US ecommerce site expects to turnover $500 million in 2015, is eyeing an IPO, is valued at $1bn and already operates in seven countries.
-
AnalysisSainsbury's second quarter: What the analysts say
Sainsbury’s has revealed a 2.8% drop in like-for-like sales in its first trading update under new chief executive Mike Coupe. Retail Week takes a look at what the analysts say.
-
NewsFindel to report first H1 profit in six years as it considers Kitbag sale
Findel is set to report a profit before tax in the first half of its year for the first time in six years and is considering selling off its Kitbag business.
-
NewsZalando valued at £3.8bn as it floats on Frankfurt stock exchange
Zalando, Europe’s biggest fashion etailer, has listed on the Frankfurt stock exchange today with a value of €4.9bn (£3.8bn).
-
NewsSainsbury's reports Q2 like-for-likes down 2.8% and warns on second half
Sainsbury’s has reported like-for-like sales excluding petrol down 2.8% for its second quarter, as boss Mike Coupe warns the second half is likely to be as tough.
-
OpinionComment: Next’s buying changes probably insulated it from September’s heat
The North wind won’t blow. And never mind snow, there’s barely a sign of autumnal crispness in the air. It’s tough for fashion retailers.
-
NewsTesco lines up £2.5bn war chest to protect it from ratings downgrades
Tesco has secured a £2.5bn revolving credit facility to protect it against the impact of possible ratings downgrades, following last week’s profits crisis.
-
NewsAo.com to launch first overseas website in Germany tomorrow
Electrical appliances etailer Ao.com is poised to launch overseas for the first time with its German website tomorrow (October 1).
-
NewsNext warns unseasonably warm weather could hit full-year profit
Unseasonably warm weather in September has hit Next’s sales in its third quarter and the retailer said if it continues it will impact full-year profits.
-
NewsMade.com's sales surge 68% as international roll-out gathers pace
Made.com’s sales surged in its last financial year on the back of rapid web traffic growth and international launches in France and Italy.
-
AnalysisTimeline: How Marks & Spencer has innovated over the past century
M&S has gathered together some of its best ideas of the last 130 years as it prepares to launch a course on commercial innovation with Leeds University.
-
NewsHMV reports profits of £17m in 11 months after administration
HMV is set to report operating profits of nearly £17m during the 11 months after it fell into administration last year.