All City & finance articles – Page 464
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NewsHMV close to securing £210m refinancing deal
Embattled entertainment retailer HMV is thought to be close to securing a refinancing deal to ensure its future.
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NewsAurum gears up to select preferred bidder in its £200m sale process
Jewellery group Aurum, which owns chains including Goldsmiths and Mappin & Webb, is expected to pick a preferred bidder for its 165-store business by mid-summer.
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NewsTopps Tiles aims to outperform with brand focus
Topps Tiles will focus on brand building through more marketing as it seeks to outperform the market in its second half.
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NewsSuperGroup’s ascent 'can continue'
Fashion specialist SuperGroup’s proposed move into flagship Regent Street premises, revealed by Retail Week last week, divided opinion.
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NewsMorrisons saves up promotions for shoppers’ payday blowout
Morrisons has shaken up its promotional activity to tie in with the new shopper habits emerging in the tough economic climate.
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NewsMy-Wardrobe recruits tech boss as sales soar
Premium fashion site My-Wardrobe has appointed Romain Eude to the newly created role of chief technology officer as it looks to grow overseas sales.
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NewsRetail heavyweight Templeman to chair BRC
Debenhams chief executive Rob Templeman, one of retail’s most highly regarded bosses, is to become chairman of industry body the British Retail Consortium.
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NewsTesco brings Turkey COO home to lead superstores
Tesco has brought its chief operating officer in Turkey back to the UK as part of group chief executive Phil Clarke’s plans to bolster the lacklustre UK division.
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NewsBurberry plots store refits and international flagship openings
Luxury retailer and brand Burberry is to plough £80m into store refurbishments this year and focus on high-profile flagship openings after reporting a surge in profits.
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NewsChain Reaction Cycles mulls new investment
Bikes and accessories etailer Chain Reaction Cycles is considering seeking more investment to pedal future growth.
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NewsElectricals market hit by World Cup comps
A year ago electricals retailers and department stores were riding the crest of the World Cup wave but now store groups that benefited then are coming up against tough comparatives.
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AnalysisThe West End property market
While shop vacancy rates in the UK are at an all-time high, London’s top streets are commanding higher premiums than ever, despite the economic downturn.
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Opinion
A year to forget for New Look
It’s hard to believe that little more than year ago, fashion group New Look hoped to pull off an IPO.
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NewsHobbyCraft ups sales with sharper pricing
HobbyCraft’s new chief executive Catriona Marshall has turned around a sales decline at the arts and crafts retailer by realigning its pricing stance.
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AnalysisNick Hollingworth
The Austin Reed boss may have sold its landmark Regent Street store to new kid on the block SuperGroup, but it marks a new chapter for the menswear specialist. By George MacDonald.
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NewsLosses widen at Kookaï as sales plummet
Fashion chain Kookaï has reported pre-tax losses edged up and sales fell 30% in the year to August 28.
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NewsCarpetright UK MD stands down amid board reshuffle
Floorings giant Carpetright has restructured its board, appointing Andrew Corden to the board as operations director for Europe as Christian Sollesse, managing director of UK & Ireland, steps down.
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OpinionA question of entertainment
It seems like entertainment retailers are under siege from all directions.
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NewsHome Retail chief executive Duddy's bonus halved
Terry Duddy, chief executive of Home Retail, Argos’s parent company, had his bonus slashed last year.
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NewsWeather helps Kingfisher to strong first quarter
DIY giant Kingfisher has recorded a strong first quarter, helped by good weather, the late Easter and the run of Bank Holidays in the UK.















