All City & finance articles – Page 375
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NewsTop Mothercare shareholders back rejection of US bid
Two major Mothercare shareholders have thrown their support behind the maternity chain after it rejected two takeover attempts from US rival Destination Maternity.
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NewsBurberry could face investor revolt over boss Christopher Bailey's pay
Burberry has attempted to clarify why it has awarded a £440,000 allowance to newly appointed boss, Christopher Bailey.
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NewsBreakfast briefing: Retail news on Mothercare, Burberry, The Body Shop and more
Retail news round-up on July 7, 2014: Mothercare faces increased takeover bid, Burberry attempts to clarify boss Christopher Bailey’s payout and The Body Shop full-year sales and profits jump
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AnalysisThe big question: Would a shareholder revolt harm Sports Direct?
Some Sports Direct shareholders are expected to vote against the re-election of its board in protest of founder Mike Ashley’s bonus. Retail Week asks whether that would harm the business.
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OpinionComment: Retailers should embrace the new world of digital sharing
Smart retailers have begun to realise that they need to change their strategy for engaging with customers.
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NewsSports Direct shareholders plan AGM protest over Mike Ashley's bonus
Sports Direct shareholders are expected to vote against the re-election of the chairman Keith Hellawell and other board members at September’s AGM in protest at Mike Ashley’s bonus.
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NewsSuperdrug returns to profit but sales slip amid fierce competition
Superdrug has returned to profit but experienced a sales slip due to reduced high street footfall and fierce competition.
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NewsBreakfast briefing: Retail news on Amazon, Sports Direct and John Lewis
Retail news round-up on July 4, 2014: Brussels looks into Amazon’s tax, Sports Direct shareholders to vote against board members, John Lewis promotes communications head
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CartoonBlower’s retail cartoon: Mike Ashley bonus
Retail Week’s cartoonist Patrick Blower’s take on Mike Ashley’s third time lucky bonus through Sports Direct’s share scheme.
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OpinionComment: We must take steps to diversify the retail industry
In March Vince Cable gave an interview to The Guardian in which he accused the UK’s top companies of neglecting racial diversity in their boardrooms and urged business to use a wider talent pool when making appointments.
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Opinion
Nick Bubb’s verdict: Poundland - everywhere to run, nothing to hide
Companies don’t usually hide good news, so it’s not surprising that Poundland now seems happier to talk about like-for-like sales growth.
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AnalysisIn the news: Tesco chairman Sir Richard Broadbent profiled
The Tesco chairman faced harsh words at the grocer’s AGM last week, but he remains committed to a considered, long-term approach.
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AnalysisPoundland full-year figures: What the analysts say
Poundland has reported rising full-year sales and profits in its maiden prelim update since floating in March. Retail Week takes a look at the City reaction.
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NewsPoundland reveals rising sales and profits in maiden results update
Value retailer Poundland has reported rising full-year sales and profits in its maiden prelim update since floating in March.
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NewsBreakfast briefing: Retail news on Marks & Spencer, Sainsbury's and Mothercare
Retail news round-up on July 3, 2014:M&S and Sainsbury’s face investor revolt over pay policies in boardroom, Mothercare recalls two sizes of luxury cot mattresses
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NewsHopes for La Senza sale fade in wake of second collapse in two years
Lingerie business La Senza is increasingly unlikely to be sold in its entirety as retailers look to snap up its best stores.
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OpinionComment: Is Mothercare suitor Destination Maternity a heroic prince or a frog?
An overseas suitor offering to solve all a retailer’s financial woes sounds like a dream, but on closer inspection, the American retailer keen to buy Mothercare could be a frog rather than a prince.
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InterviewQ&A: Bathstore chief executive Gary Favell on the management buyout
The management team at Bathstore has bought out the bathroom retailer from turnaround specialist Endless with the backing of US billionaire Warren Stephens.
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NewsMothercare: Destination Maternity bid "significantly undervalues" the business
Mothercare said that it rejected US retailer Destination Maternity’s offer for the company as it “significantly undervalued” the business.
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NewsSports Direct investors vote in favour of Mike Ashley's bonus
Sports Direct investors have voted in favour of rewarding owner Mike Ashley with a bonus through a new share scheme.