Latest finance news – Page 283
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NewsDFS boss: We've clearly not been immune to uncertainty
DFS chief executive Ian Filby told Retail Week that today’s profit warning was the result of external factors and would not impact the retailer’s investment plans.
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NewsQuiz plans float as JD boss Cowgill appointed chairman
Fast fashion retailer Quiz has unveiled plans for a stock market listing on AIM next month to fuel its rapid expansion.
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NewsDFS issues profit warning as consumer uncertainty bites
DFS has said its full-year profits will be below market expectations as uncertainty triggered by the general election has hurt sales.
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NewsInditex profits and sales surge in its first quarter
Zara owner Inditex has posted a leap in first-quarter profits driven by soaring sales as the fast-fashion giant eyes international online expansion.
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NewsMajestic swings to pre-tax loss despite sales rise
Majestic Wine reported a full-year pre-tax loss, which boss Rowan Gormley attributed to the “most risky and cost intensive” phase of the retailer’s transformation plan.
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NewsBreakfast briefing: Zara and Mulberry
Retail news round-up: Zara owner reports surge in profits and Mulberry's bags increase its sales and profits.
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NewsToday in retail: Dark times for BrightHouse
BrightHouse’s problems were laid bare today when the rent-to-buy business posted an eye-watering slump in profitability.
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NewsBrightHouse profits slump as affordability checks bite
BrightHouse has suffered a steep drop in full-year profits after new regulations surrounding its business model impacted earnings.
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NewsHamleys’ chief financial officer Dunn to step down
Hamleys’ veteran finance chief Alasdair Dunn is to leave the toy retailer after 10 years in charge.
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NewsWHSmith travel stores drive sales advance
WHSmith has posted a rise in sales and expects to meet full-year profit expectations.
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NewsToday in retail: Retailers with staying power
With great power comes great responsibility – just ask the likes of Jeff Bezos, Seb James, Dave Lewis and Mike Coupe.
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NewsBHS: Retail Acquisitions’ liquidators appointed
Liquidators have been appointed to Retail Acquisitions, the consortium that owned BHS at the time that the retailer entered administration.
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NewsInflation hits highest rate for almost four years
Inflation hit its highest rate in almost four years in May, driven by rising prices of games, toys and hobbies.
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NewsJaeger creditors attack former owner Better Capital
Jaeger creditors who claim they are owed millions from the collapse of the heritage brand have bought shares in former owner Better Capital.
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NewsTed Baker sales continue to climb despite uncertainty
Ted Baker has fashioned a 14.2% group sales rise, despite an “uncertain macro environment”, as it drives its ecommerce business and ploughs ahead with global expansion.
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NewsBreakfast briefing: Next, Jaeger and more
Retail news round-up: Next to launch its own-label brand; Jaeger creditors to receive less than 2p in the pound; and Number of online grocery shopping increases.
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NewsLuxury etailer Farfetch eyes New York float
Online luxury retailer Farfetch is considering floating in New York and is reportedly seeking a $5b (£3.9b) valuation.
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NewsOcado unveils financing plans as profits rise
Ocado has revealed plans to raise hundreds of millions of pounds by launching bonds and extending its credit facility.
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NewsPhilip Day eyes Coast, Oasis and Warehouse
Retail tycoon Philip Day is reportedly looking at acquiring Coast, Oasis and Warehouse from the administrators of current owner Kaupthing.
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NewsMorrisons could face investor revolt over Potts' pay
Morrisons could face a shareholder backlash over executive pay at its AGM this week after a leading voting adviser recommended opposing its remuneration report.