Latest finance news – Page 275
-
NewsAmazon's European retail business pays just £15m in tax
Amazon’s European business paid just €16.5m (£14.95m) in tax last year, despite raking in revenues of €21.6bn (£19.57bn).
-
NewsAgenda: Asda and Kingfisher report second quarter results
Retail Week looks ahead to the next seven days, with updates from Asda and Kingfisher on the agenda.
-
NewsToys R Us full-year profits jump despite falling sales
Toys R Us’ pre-tax profits rocketed in its latest full year, but sales dipped amid what the retailer described as a ‘competitive market environment’.
-
NewsThe Fragrance Shop smells success with profits rise
The Fragrance Shop has reported increases in its sale and profits as the retailer presses on with expansion.
-
NewsScalpel or axe? How retailers should seek to streamline
As the likes of Tesco, John Lewis, Sainsbury’s and Asda streamline their cost bases, Lawrence Hutter explores the departments where retail’s axe is likely to fall.
-
NewsCard Factory sales spike amid store expansion plan
Card Factory has posted a jump in like-for-like sales during its first half as the business presses ahead with a drive to broaden its proposition.
-
NewsScS like-for-likes slip against ‘tough comparatives’
In a pre-close update, ScS said order intake slipped 0.7% on a like-for-like basis in its full year as it came up against tough comparatives.
-
NewsCath Kidston profits jump as international arm blooms
Cath Kidston’s full-year profits surged as “essential Britishness” struck a chord with shoppers in its overseas markets.
-
NewsWhite Stuff profits drop in 'a year of investment'
White Stuff has posted a drop in earnings following “a year of investment” into its store expansion plan.
-
NewsNew Look sales nosedive in 'disappointing' first quarter
New Look has reported steep falls in its first-quarter sales and profits which boss Anders Kristiansen has attributed to “difficult” conditions in the UK market.
-
NewsPets at Home sales rise driven by services arm
Pets at Home has posted a sales upswing as its veterinary services drove growth in what boss Ian Kellett hailed as a “strong” first quarter.
-
NewsMike Ashley ups stake in Goals Soccer Centres
Sports Direct founder Mike Ashley has nearly doubled his stake in five-a-side football pitch company Goals Soccer Centres.
-
NewsSpar’s biggest supplier considers sale of wholesale arm
Spar’s biggest supplier, AF Blakemore, has appointed KPMG to advise on a potential £100m sale of its wholesale business.
-
NewsSports Direct investors desert Ashley-owned firm
Sports Direct’s independent investors are deserting it, as some suspect the retailer may never resolve its corporate governance crisis.
-
NewsAgenda: Pets at Home and DFS update the market
Retail Week looks ahead to the next seven days, with updates from Pets at Home and DFS on the agenda.
-
NewsWyevale close to refinancing debt after losses mount
Wyevale Garden Centres is close to securing new funding that will put it on a stronger footing after racking up losses of around £100m last year, Retail Week understands.
-
NewsToday in retail: DFS and Sofology cosy up
It’s fast becoming a week of deals in the retail sector, with consolidation seemingly the order of the day.
-
NewsYoox Net-a-Porter profits climb in first half
Yoox Net-a-Porter has reported a rise in sales and earnings in the first half of the year.
-
NewsNext full-price sales edge up in second quarter
Next has posted a 0.7% rise in full-price sales in the second quarter, helped by warm weather.
-
NewsDFS acquires sofa specialist Sofology in £25m deal
DFS is to buy specialist sofa competitor Sofology in a deal valued at £25m.