Latest finance news – Page 219
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NewsAgenda: Asos, Next, Kingfisher and Ocado update the market
Retail Week looks ahead to the next seven days with results from Next and Asos, plus the latest Brexit vote, all on the agenda.
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NewsArcadia poised to launch CVA within weeks
Arcadia is set to launch a far-reaching CVA as soon as next month, with a substantial number of store closures and job losses expected.
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NewsTrouva partners with real estate firm to tackle business rates
Trouva has today unveiled a strategic partnership with real estate advisers Harper Dennis Hobbs to “tackle unfair business rates” for independent retailers.
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NewsSuperdry founder Dunkerton sets out case for comeback
Superdry founder Julian Dunkerton has written to shareholders making the case for his return to the board and his ambitions to put the business back on track.
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NewsDFS profits spike amid ‘solid’ sales performance
DFS has posted a surge in profits and sales as its acquisition of Sofology swelled its half-year figures.
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NewsSports Direct offers Debenhams £150m loan lifeline
Sports Direct has offered to bail out Debenhams with a £150m loan in exchange for additional equity in the business.
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NewsSports Direct reports 'misleading' Debenhams to FCA
Sports Direct has reported Debenhams to the FCA for the way in which it has communicated the health of its finances to the market.
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NewsInditex like for likes spike across all regions
Inditex’s like-for-like sales rose in every region and across all brands last year with profits also increasing.
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NewsMorrisons posts strong full-year sales and profit growth
Morrisons has recorded an uplift in its preliminary sales and profits.
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NewsThe Entertainer buys Early Learning Centre from Mothercare
Toy specialist The Entertainer has acquired Early Learning Centre from Mothercare.
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NewsEve Sleep losses rise but turnaround plans make progress
Eve Sleep has reported increased full-year losses but said it now has a sustainable growth strategy.
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NewsFrench Connection returns to profit despite tough market
French Connection moved back into the black last year and talks are ongoing about a possible sale.
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NewsRetail Sector Council launches investigation into retail costs
The Retail Sector Council (RSC) has launched a new survey investigating costs burdening the industry such as business rates.
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NewsDebenhams in ‘advanced negotiations’ over £150m funding
Debenhams has said it is in “advanced negotiations” with existing lenders about obtaining an additional £150m worth of funding.
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NewsAgenda: Morrisons, DFS and French Connection update the market
Retail Week looks ahead to the next seven days, with Morrisons, DFS and the latest Brexit vote on the agenda.
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NewsMike Ashley seeks to cull Debenhams board
Sports Direct has mounted a fresh attack on Debenhams’ board with a bid to oust all remaining directors bar one and appoint Mike Ashley as an executive director.
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NewsLK Bennett slumps into administration, 500 jobs at risk
LK Bennett has collapsed into administration putting around 500 jobs at risk.
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NewsJohn Lewis profits plunge in 'challenging year'
John Lewis Partnership has posted a steep fall in full-year profits as tough trading conditions took a toll on its eponymous department store business in particular.
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NewsQuiz slashes profit guidance as sales slide
Quiz has launched a review of its business after slashing its full-year profit forecast for the third time in just six months.
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NewsJack Wills swings to loss amid director exodus
Jack Wills swung to a full-year loss in its latest financial year as it battled to compete in a “highly competitive” clothing market.