All City & finance articles – Page 399
-
OpinionNick Bubb’s verdict: Asos - UK good, overseas bad?
The City is a hard taskmaster and it found reasons to be disappointed in Asos’s overseas sales growth today, but there’s no stopping the UK.
-
NewsConvenience store giant McColl's posts strong Christmas sales
Convenience store and newsagents group McColl’s has reported a rise in festive sales as it eyes a float.
-
NewsMoss Bros to beat profit forecast after stellar Christmas
Menswear retailer Moss Bros expects to beat full-year profit forecasts after posting a surge in Christmas sales.
-
NewsAsos sales surge as Christmas shoppers flock online
Fashion etailer Asos has reported a jump in festive takings as shoppers went online and spurred a retail sales rise of 38% to £335.7m.
-
OpinionComment: Why has Mike Ashley's Sports Direct bought a stake in Debenhams?
Sports Direct’s raid on Debenhams to pick up a stake of almost 5% makes tycoon Mike Ashley’s business the fifth-biggest shareholder in the department store business.
-
AnalysisSports Direct's stake acquisition in Debenhams: What the analysts say
Sports Direct revealed this morning that it has taken a surprise 4.63% stake in troubled department store group Debenhams. Retail Week takes a look at the City reaction.
-
NewsMike Ashley's Sports Direct acquires 4.63% stake in Debenhams
Mike Ashley’s Sports Direct has acquired a 4.63% in troubled department store group Debenhams.
-
NewsJD posts increase in like-for-like sales over Christmas
JD Sports Fashion has reported a step up in like-for-like sales growth over Christmas, aided by a strong performance in its core sports arm.
-
NewsCold Christmas for retail as sales growth stalls
Retailers’ hopes for a winning Christmas have been dashed after food suffered its worst performance for five years and non-food was saved by online.
-
OpinionComment: For Next, imitation may offer more than just flattery
Next, the UK’s second largest clothing retailer, has raised its profit forecast following strong Christmas sales.
-
OpinionBlog: Marks & Spencer's tale of two Christmases
Marks & Spencer told a tale of two Christmases when it posted seasonal figures today.
-
AnalysisMarks & Spencer third quarter update: What the analysts say
Marks & Spencer today revealed struggling general merchandise sales pulled down its third quarter performance which it blamed on a warm October and pre-Christmas disocunting. Retail Week takes a look at what the analysts say.
-
NewsM&S forced into Sale early by 'unprecedented' level of promotions, says Bolland
Marks & Spencer boss Marc Bolland said the retailer tried to hold its nerve over Christmas promotions but was forced into Sale early by “unprecedented” promotional activity.
-
AnalysisMorrisons' Christmas trading: What the analysts say
Morrisons today brought forward its planned Christmas trading update to inform the City of its 5.6% fall in like-for-like sales over Christmas. Retail Week rounds up the reaction.
-
NewsTed Baker Christmas sales jump 18%
Ted Baker sales increased 18.3% over the Christmas period in the eight weeks from November 10 to January 4.
-
NewsMarks & Spencer blames warm weather and discounting for lacklustre quarter
Marks & Spencer has blamed warm weather in October and Christmas discounting for its lacklustre third-quarter performance, which was dragged down by general merchandise sales.
-
NewsTesco reports UK Christmas like-for-likes down 2.4%
Tesco has reported like-for-like sales in the UK fell by 2.4% over Christmas, maintaining that weakness in the grocery market impacted its performance.
-
OpinionComment: Next makes money in the middle market
Next was very much in fashion with shoppers over Christmas, when it posted better than expected sales.
-
NewsWarm summer helps lift Bravissimo full-year figures
Lingerie retailer Bravissimo has revealed growth in sales and pre-tax profits in its full-year figures, as the company expects to open new stores this year.
-
OpinionComment: Retail trends that are not just for Christmas
The concentrated nature of the festive trading period amplifies consumer trends like no other and there are already telling lessons to be drawn for the year ahead.