All City & finance articles – Page 395
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OpinionComment: Will investors make a £1bn bet on Ao.com as it lines up IPO?
White goods etailer Ao.com has made its presence keenly felt in the industry over the last few years, whether for the way it has put customer service at its heart or its amusing ads.
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NewsNew Look rules out IPO as it ramps up international expansion
New Look has ruled out joining the throng of retail IPO candidates as it focuses on ramping up its international expansion.
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NewsPets at Home strengthens board as it prepares to float
Pets at Home is to appoint two new female directors as it seeks to hit boardroom diversity targets and strengthen its board ahead of an expected flotation.
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NewsNew Look third-quarter sales rise driven by online
Fashion retailer New Look has reported an increase in sales in the third quarter when it defied “difficult” conditions.
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NewsDunelm first-half profits rise despite like-for-like sales slip
Homewares retailer Dunelm has reported a rise in profits despite a decline in like-for-likes sales in the first half.
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NewsBreakfast briefing: Retail news on Pets at Home, Amazon, Lush and retail sales
Retail news round-up on February 11, 2014: Pets at Home strengthens board ahead of expected float, retail sales growth steps up in January and Amazon infringes Lush’s copyright.
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NewsGame poised for courtroom battle over unpaid rents
Game is set for a courtroom battle with a consortium of the UK’s largest landlords this week over millions of pounds of unpaid rent.
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NewsAo.com confirms intention to float as Brian McBride joins
White goods etailer Ao.com has confirmed its widely speculated intention to float on the London Stock Exchange.
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NewsTerry Leahy and Bob Willett back fashion website Atterley Road
Former Tesco boss Sir Terry Leahy and former Best Buy international head Bob Willett have backed an investment in fashion etailer Atterley Road.
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NewsBreakfast briefing: Retail news on Monsoon Accessorize, Poundland, Atterley Road and New Look
Retail news round-up on February 7, 2014: Monsoon Accessorize back in the black, Poundland to open first stores in mainland Europe, Leahy and Willett back Atterley Road and New Look considers converting stores to menswear shops.
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NewsSuperGroup boss says discounting at Christmas tarnishes a product's value
SuperGroup boss Julian Dunkerton said its decision to focus on full-price sales helped drive a sales rise over Christmas.
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NewsKPMG resigns as Poundworld auditor after highlighting "misleading" stocktaking
Poundworld’s auditor KPMG resigned in December after it qualified the retailer’s annual accounts, it has emerged.
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NewsSuperdrug owner mulls UK headquarter move to aid London IPO
Superdrug owner Hong Kong-based AS Watson is mulling moving its headquarters to the UK to aid a possible London Stock Exchange listing.
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NewsSuperGroup “on track for the full year” as like-for-likes edge up
Fashion retailer SuperGroup said it was “on track for the full year” as like-for-likes edged up 1.3% in its third quarter.
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NewsBreakfast briefing: Retail news on SuperGroup, Superdrug, Argos, eBay, House of Fraser and more
Retail news round-up on February 6, 2014: SuperGroup “on track for the full year” as like-for-likes edge up, Superdrug owner AS Watson considers relocation of corporate headquarters to UK and more.
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OpinionComment: Mixed messages for retail economy in 2014
There have rarely been so many mixed messages about what really is going on with the economy and what 2014 will look like. It seems we are enjoying rapid economic recovery.
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NewsFrench Connection shaves £1m off expected full-year pre-tax losses
French Connection has revealed it expects to deliver better annual results than originally forecast, shaving £1m off its pre-tax losses.
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AnalysisInternational analysis: Walmart lowers its sights after weak fourth quarter
Global colossus Walmart has unexpectedly lowered profit expectations for its final quarter.
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OpinionNick Bubb's verdict: Ocado begins with 'O' but will it end with £1.8bn?
One wag famously once said Ocado begins with an ‘O’ and ends with a zero, but it seems to be very much alive and kicking.
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AnalysisOcado’s full-year results: What the analysts say
Ocado today reported full-year gross sales rose 17.2% to £843m last year, when pre-tax losses widened to £12.5m and that co-founder Jason Gissing is to retire. Retail Week rounds up analysts’ reaction.