All City & finance articles – Page 398
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NewsCarphone Warehouse group like-for-likes climb 3.1% over Christmas
Carphone Warehouse group like-for-likes advanced 3.1% in the quarter to December 28, its sixth consecutive quarter of growth.
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NewsFat Face hires banks to work on IPO
Fashion retailer Fat Face has hired banks Citi and Jeffries to work on its prospective float which could take place within months.
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OpinionComment: It’s hard not to admire Sports Direct
The news that Sports Direct acquired a 4.63% stake in Debenhams last week week was eclipsed by the fact that the company then decided to sell the shares. This, along with an option contract, could eventually see Sports Direct take almost 7 per cent of the department store chain.
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OpinionComment: UK retail blows hot and cold over Christmas
Figures from the UK Office of National Statistics (ONS) have indicated an exceptionally strong retail performance over Christmas. Some retailers may beg to differ.
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NewsConviviality Retail reports Christmas sales uplift
Bargain Booze and Wine Rack owner Conviviality Retail has reported a rise in sales over Christmas as first-half profits increased.
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OpinionComment: Halfords has shown what putting the customer first really means
Putting the customer first is a retail cliché, so often mouthed but less frequently put into practice.
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AnalysisHalfords' third quarter: What the analysts say
Halfords sales jumped 6.6% driven by its cycling category where like-for-likes surged 19.5%. Retail Week takes a look at what the analysts say.
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AnalysisIn numbers: Round-up of retail's Christmas trading updates
Dozens of the biggest retailers have updated the market on their all-important Christmas trading in the last few weeks. Here’s a glance at the headline numbers.
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NewsSports Direct takes option of larger Debenhams stake
Sports Direct has struck a complex share option agreement that allows it to take a 6.6% stake in Debenhams.
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NewsBonmarché Christmas like-for-likes up 6% as online sales rocket
Bonmarché has revealed like-for-like sales jumped 6% over Christmas, driven by its strong online business.
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NewsN Brown records 'robust' Christmas growth as it steps up overseas plans
N Brown revealed “robust, reliable growth” over the Christmas trading period, and it plans to step up investment for its overseas growth plans.
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NewsHalfords sales up 6.6% pedalled by strong cycling sales
Halfords group sales grew 6.6% in its third quarter, which included the festive period, driven by “significant growth” in its cycling category.
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NewsHome Retail appoints Argos boss John Walden as chief executive
Home Retail has appointed Argos boss John Walden as its new chief executive as it reveals sales growth at its fascias.
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NewsPrimark delivers 'excellent' Christmas with sales up 12%
Primark has recorded Christmas sales up 12% and expects its profit to be well ahead of last year, and margin higher than expected.
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NewsLaura Ashley disposes of Moss Bros stake
Homewares retailer Laura Ashley has disposed of its stake in formalwear specialist Moss Bros.
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NewsFindel secures new funding to support growth at Express Gifts
Home shopping group Findel has secured extra funding to invest in its growing Express Gifts catalogue business.
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OpinionComment: Retail's New Year hangover
Before Christmas the UK retail sector was in relatively high spirits. After a mixed year forecasts of 3.5% growth promised a record-breaking December in which sales could top £40bn. However, in the cold light of New Year many are facing a reality check.
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NewsBurberry Christmas sales up 14% driven by online
Burberry revealed sales in its third quarter surged 14% driven by online but warned current exchange rates would be a headwind in its second half.
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NewsBreakfast briefing: Retail news on Sainsbury's, Asda and Scottish retail sales
Retail news round-up on January 15, 2014: Sainsbury’s sales beat Asda for the first time in a decade, Scottish retail sales down.