All City & finance articles – Page 414
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OpinionComment: Argos' tie-up with eBay could be a game-changer
Argos’ pilot with online giant eBay, enabling customers of 50 sellers on the marketplace to collect orders from 150 stores, looks inspired.
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OpinionComment: Retailers need to think locally – and act locally too
You could be forgiven for thinking that UK retail has finally turned the corner in recent weeks. Sales at Debenhams stores that have been open for over a year rose 1.9 per cent in the 10 weeks to August 31st.
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AnalysisAnalysis: Reporting season provides retail health check
Some of retail’s biggest names have updated on their performance, giving an insight into their outlook on shopper trends, the high street and the economy.
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OpinionNick Bubb’s Verdict: Asos - Amazingly strong online sales?
Back in the past, Asos stood for “As Seen On Screen”, but now it seems to stand for “Amazingly Strong Online Sales”…
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NewsAsos UK's revival down to self-help not economy, says Robertson
Asos’ soaring UK sales are down to self-help rather than any improvement in the economy, according to boss Nick Robertson.
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NewsAsos to beat profit forecasts after strong fourth quarter
Online fashion retailer Asos has raised full-year profit expectations after strong trading in the fourth quarter.
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NewsLink between rents and rates irrevocably broken
The link between business rates and rents is likely to have been permanently severed, showing how out of touch the ratings regime has become.
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OpinionComment: London Fashion Week struts its stuff for the economy
From One Direction to Samantha Cameron, London Fashion Week may attract its fair share of celebrities among the 5,000 visitors that come to see what the best of the British fashion industry has to offer.
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NewsJD's sports stores sparkle as first-half profits soar to £10m
JD Sports Fashion’s pre-tax profits before exceptionals jumped from £2.9m to £10m in its half year as earnings soared at its sports fascia.
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OpinionComment: Next boss Lord Wolfson’s house price warning
Retailers whose fortunes depend on an active housing market have welcomed new signs of life such as more mortgage approvals and transactions.
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NewsThe Hut Group targets 50% overseas sales by 2014 as it mulls IPO
Half of fast-growing etail group The Hut’s sales are set to come from overseas by the beginnning of 2014 as it continues to mull an IPO.
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AnalysisDebenhams’ fourth quarter: What the analysts say
Debenhams today reported like-for-like sales rose 1.9% in the fourth quarter. Retail Week rounds up the City’s reaction.
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NewsDebenhams like-for-likes up 2% as online sales soar
Debenhams’ like-for-like sales jumped 2% in the 52 weeks to August 31 as it gained market share and grew its online business.
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NewsThe Hut records strong first half profit growth
The Hut has reported strong growth in first half profits after sales increased more than 30% year on year.
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NewsFrench Connection losses before tax narrow to £6.1m
French Connection has revealed narrowed losses before tax of £6.1m in its half year to July 31.
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NewsDunelm poised to launch first national TV ad as part of £3m marketing overhaul
Homewares retailer Dunelm is poised to launch its first national TV ad campaign as part of a £3m marketing overhaul which will see it dropping ‘Mill’ from its branding.
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OpinionComment: Thorntons enjoys the sweet taste of success
Just two or three years ago, there was a lot of talk about Thorntons being another victim of the structural demise of the high street.
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OpinionNick Bubb’s Verdict: Next - Deflating the bubble
If Chancellor George Osborne thought that his friend Simon Wolfson would come out today and share his rosy view of the economic recovery, then he was mistaken…
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AnalysisMorrisons half year results: What the analysts say
Morrisons today reported it is slashing its investment in new supermarkets and posted a 10% fall in pre-tax profits. Retail Week rounds up the City’s reaction.
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NewsDunelm pre-tax profits up 12.3% with multichannel growth up 80%
Homewares retailer Dunelm has reported pre-tax profit up 12.3% to £108.1m for the year to June 29, and saw multichannel growth up 80%.