Latest finance news – Page 2
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NewsDebenhams Group posts trading ‘above expectations’
Online fashion and beauty player Debenhams Group expects full-year earnings to beat expectations after trading strongly, and will no longer sell its PrettyLittleThing business.
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NewsClaire’s collapses into administration for second time
Accessories retailer Claire’s has collapsed into administration again, just four months after it was bought out of insolvency, putting 1,000 jobs at risk.
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NewsVirgin Wines sales grow over ‘strong’ Christmas period
Virgin Wines has reported a jump in festive sales and customer acquisition numbers, as it hailed a “strong” Christmas trading period.
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NewsDr Martens hails turnaround progress as it eyes ‘significant profit growth’
Dr Martens has made “good progress executing our consumer-first strategy” and said it remains on track to deliver significant profit growth in the financial year.
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NewsBoots Group chief executive to retire as UK boss takes on ‘wider range of responsibilities’
The Boots Group chief executive Ornella Barra is retiring from her role as the head of Boots UK and Ireland to take on a “wider range of responsibilities”.
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NewsBarbour profits and sales surge as wholesale arm recovers
Barbour reported a surge in profits and sales for the full year, driven by a recovery in its wholesale arm and “unprecedented” growth in womenswear.
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![Paul Marciano & Jamie Salter[5]](https://d53bpfpeyyyn7.cloudfront.net/Pictures/100x67/4/2/5/3125425_paulmarcianojamiesalter5_146821.jpg)
NewsTed Baker owner Authentic acquires Guess
Ted Baker owner Authentic Brands Group has acquired Guess for an undisclosed sum, making it the second-largest brand in the portfolio after Reebok.
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NewsWatches of Switzerland buys Texas retailer Deutsch & Deutsch
Watches of Switzerland has completed a US acquisition that will see it run four new showrooms in the country
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NewsPoundland posts earnings rise as turnaround strategy takes hold
Value retailer Poundland has posted an improved performance in its Christmas quarter as it enacted a recovery plan, Retail Week can reveal.
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NewsWaterstones pledges continued investment as sales and profits surge
Bookseller Waterstones has pledged to continue to invest “in our teams, our shops and our infrastructure”, after reporting surging full-year profits and sales.
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NewsB&M downgrades profit expectations again despite Christmas momentum
The value retailer said it now expected full-year group adjusted EBITDA for its 2026 financial year to be between £440m and £475m, down from a previous guidance of £470m to £520m.
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NewsThe Works losses narrow despite online capacity constraints
Losses at The Works narrowed and the retailer delivered ‘robust performance’ over Christmas, despite the ongoing online capacity constraints.
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NewsStrong revenue growth continues at Wickes
The home improvement retailer saw like-for-like revenues grow by 5.3% in the six months ending December 27, 2025, leaving it with full-year sales of £1.64bn
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NewsBRC notes ‘hints of optimism’ as consumer confidence improves
The BRC has noted “hints of optimism” as consumer confidence improved for the second consecutive month.
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NewsMorrisons’ Baitiéh warns food inflation will ‘go up and up’ in 2026
Morrisons chief executive Rami Baitiéh has warned that he expects food inflation will “go up and up over the coming months”, but says the grocer is well-placed to combat rising prices.
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NewsJoules plots store expansion drive as it returns to profit
Joules is planning to expand its UK store estate and return to Ireland this year as it remains “on track” to deliver its first profit since 2022, Retail Week can reveal.
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NewsNext snaps up footwear specialist Russell & Bromley
Fashion giant Next has bought the brand and other assets of footwear retailer Russell & Bromley in a pre-pack administration deal.
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NewsMorrisons hails ‘strong’ Christmas performance in ‘challenging market conditions’
Morrisons has hailed “good performance in a competitive market” during the Christmas period, noting strong performances in its premium range and market-beating trading in general merchandise and clothing.
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NewsBurberry momentum builds after strong end to 2025
Luxury retailer Burberry reported strong festive trading, driven by sales growth in China and double-digit growth in Gen Z customers.
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NewsJD Sports reports Christmas dip against ‘volatile consumer backdrop’
JD Sports reported growth in both North America and Asia Pacific, but it was not enough to make up for slumps in the UK and Europe over the festive period.