All City & finance articles – Page 367
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NewsN Brown boss said it was 'knocked sideways' by warm September
N Brown boss Angela Spindler said the retailer was “’knocked sideways” by the unusually warm weather that led the company to issue a profit warning.
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NewsMothercare launches rights issue after shareholders back digital plan
Mothercare’s rights issue has gone live after shareholders overwhelmingly supported the plan to raise £100m for a digital transformation.
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NewsJessops turns profit in first full year under owner Peter Jones
Jessops has turned a profit in its first full financial year under owner and Dragons’ Den star Peter Jones as it plans to open stores.
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NewsDFS to open first international store in Netherlands as profits rally
DFS is to launch its first international store in the Netherlands this year on the back of improved sales and profits in its second half.
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NewsN Brown issues profit warning after warm autumn hits demand
N Brown has issued a profit warning as it becomes the latest fashion retailer to be hit by unseasonably warm weather in September.
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NewsBonmarché launches menswear to appeal to women buying for husbands
Mature fashion retailer Bonmarché has launched a menswear range in 50 stores and online as it targets women buying for their husbands.
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NewsTesco investors ready to support a capital-raising
Several institutional investors in Tesco have signaled that they would back a capital-raising of £1bn to £2bn, according to reports.
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OpinionComment: Ohlsson can bring some Ikea magic to troubled Tesco
Former Ikea boss Mikael Ohlsson is swapping flat-pack furniture for the fruit and veg aisle, as a newly appointed non-exec director of troubled grocer Tesco.
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NewsFifth Tesco executive suspended as TPG eyes £2bn Dunnhumby bid
TPG is eyeing a £2bn bid for Tesco’s data business, Dunnhumby, as a fifth executive is suspended over the grocer’s £250m profit overstatement.
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AnalysisIn the news: Tesco non-execs Richard Cousins and Mikael Ohlsson profiled
Tesco has brought in two new non executive directors to help steady the ship. Retail Week takes a closer look at their careers to discover what they will bring to the beleaguered grocer.
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NewsTed Baker expands into taller and cycling ranges as it eyes further brand extension
Ted Baker has expanded into taller ranges and cycling clothes as boss Ray Kelvin said there is potential to extend its brand further.
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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.
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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.
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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?
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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.
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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%.
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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.
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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.
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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%.
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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.