Latest finance news – Page 263
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NewsTheo Paphitis and Peter Jones sell Red Letter Days
Red Letter Days owners and Dragons’ Den alumni Theo Paphitis and Peter Jones have sold the experience business to Smartbox Group.
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NewsConsumer confidence tumbles during November
Shopper sentiment declined over the last month as ‘household jitters’ and squeezed incomes conspired to dampen the consumer mood.
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NewsSports Direct 'front runner' to buy Brixton markets
Sports Direct has emerged as the front runner to snap up Brixton’s covered markets in a £30m swoop.
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NewsPalmer & Harvey administration leaves 2,500 jobless
Wholesaler Palmer & Harvey has collapsed into administration, causing 2,500 redundancies and leaving another 900 jobs at risk.
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NewsEve Sleep sales soar as UK trading exceeds expectations
Eve Sleep, the mattress-in-a-box retailer, has reported rocketing sales as its UK business performs above expectations.
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NewsGame offloads Multiplay Digital in £19m deal
Game has sold its Multiplay Digital business to Unity Technologies following a strategic review of its digital activities.
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NewsTopps Tiles profits tumble amid ‘challenging’ market
Topps Tiles has suffered a fall in full-year profits as the business grappled with “challenging trading conditions”.
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NewsFeather & Black follows Multiyork into administration
Feather & Black has tumbled into administration just a week after its stablemate Multiyork, putting 123 jobs at risk.
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NewsMaplin hails ‘robust’ trading amid tough conditions
Maplin has issued “robust” full-year results and lifted the lid on renegotiated banking facilities after credit insurers reportedly scaled back their exposure.
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NewsJohn Lewis invests in food and fulfilment tech start-ups
John Lewis Partnership has backed two more start-ups as part of its JLab investment programme.
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NewsMaplin bids to calm credit insurer concern after cover cut
Maplin is seeking to reassure suppliers about its financial health after credit insurers cut coverage of the electricals retailer.
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NewsBooths raises ‘for sale’ sign following tough trading
Booths, the privately owned grocer, has drafted in advisers to organise a sale.
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NewsSports Direct seeks to pay Mike Ashley’s brother £11m
Sports Direct has called a shareholders’ general meeting next month to approve an £11m payment to controversial founder Mike Ashley’s brother, John.
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NewsAgenda: Topps Tiles, Pets at Home, Findel, Eve Sleep
Retail Week looks ahead to the next seven days, with updates from Topps Tiles, Pets at Home, Findel and Eve Sleep on the agenda.
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NewsOasis, Coast, Warehouse sale talks revived by Emerisque
Oasis, Coast and Warehouse owner Kaupthing Bank is back in talks to offload the businesses, Retail Week has learned.
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NewsMothercare losses widen despite like-for-like rise
Mothercare’s losses widened during its half-year despite a healthy like-for-like rise at its UK business.
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NewsMajestic sales up as business swings to profit
Majestic Wine has swung to a profit in its first half, helped by rising sales.
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NewsKaren Millen losses narrow under Butterwick
Karen Millen’s losses have narrowed in what boss Beth Butterwick has termed as a ‘year of change’.
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NewsMultiyork collapses into administration
Furniture retailer Multiyork has tumbled into administration, leaving the future of its 50 stores and 547 staff hanging in the balance.
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NewsQuiz profits advance in first results since float
Quiz, which made its stock market debut at the end of July with a £245m valuation, hailed “strong growth” across all channels in its first half.