All City & finance articles – Page 442
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OpinionAsos: The online giant continues to reward investors
As the recriminations continue following Facebook’s botched IPO, there is one online business that carries on rewarding investors – Asos.
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NewsClinton Cards deal to be struck within days
Clinton Cards looks likely to be bought out of administration by the end of next week if not earlier as would-be suitors jostle to take control.
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OpinionWhat impact will the recession have online?
So we’re in recession again. Cue further rending of garments and raise the wailing a semitone or two. The tune’s becoming familiar now.
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AnalysisTopps Tiles: What the analysts say
Despite a 4.7% like-for-like slip and profits drop in its first half, Topps Tiles has strong recovery potential according to the analyst community.
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NewsTopps Tiles pre-tax profits fall in first half but current trading improve
Topps Tiles like-for-likes slipped 4.7% in its first half as pre-tax profits dropped 22% to £7.2m.
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InterviewRetail refinancings: Q&A with Barclays head of retail Richard Lowe
As Dixons and LK Bennett refinance, we talk to Barclays head of retail Richard Lowe about the lending climate for retailers.
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NewsLK Bennett secures funding for US expansion
LK Bennett has raised £16m of new funding to accelerate expansion in the US.
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NewsDixons extends £300m credit facility
Electricals giant Dixons has extended a £300m revolving credit facility for two years.
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AnalysisIn the news: Stefano Pessina, executive chairman, Alliance Boots profiled
As Alliance Boots defies the difficult economic climate, its executive chairman shrugs off criticism of its tax affairs.
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OpinionM&S is keeping pace, but it’s time to start setting it
There was a workmanlike feel to Marks & Spencer’s results this week.
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AnalysisMothercare: What the analysts say
Mothercare posted a full-year group loss before tax and after exceptional and other items of £102.9m today while new chief executive Simon Calver outlined a three year turnaround and growth plan. The City reacted to the news
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OpinionTesco boss Clarke declines bonus
Tesco boss Philip Clarke set a good example to other company chiefs when he declined to take his bonus in the wake of the Christmas profit warning.
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AnalysisOcado: what the analysts say
Ocado forecast a 13% uplift in sales for the second quarter today. The City welcomed the announcement but expressed concern over the etailer’s long-term future
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NewsHouse of Fraser EBITDA drops as it invests in stores and fulfilment
House of Fraser adjusted EBITDA dropped 16% to £58.6m as it invested in a second distribution centre.
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NewsBurberry full-year profits rocket
Profits at Burberry rose 26% over the last year fuelled by strong menswear sales.
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NewsFlying Brands sales plunge as its search for a buyer continues
Flying Brands sales plummeted 35% in the three months to March 31 as it continues talks to sell the business.
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AnalysisMarks & Spencer full-year results: What the analysts say
What the analysts are saying about Marks & Spencer’s full-year results.
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NewsBolland bonus under threat as profits likely to fall
Marks & Spencer’s chief executive Marc Bolland’s bonus is under threat as the retailer’s profits are expected to fall.
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OpinionBoots’ success lies in keeping up with change
Alliance Boots’ double-digit growth in sales and trading profit is an achievement chairman and co-owner Stefano Pessina and his team will be proud of.
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NewsAsda records 2.2% like-for-like sales rise
Asda has recorded a 2.2% uplift in like-for-like sales in the 12 weeks to March 31.