Latest finance news – Page 300
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NewsJaeger on the hunt for investors as turnaround continues
Jaeger is reportedly looking for investors, engaging Alix Partners to examine interest from potential partners or to find a buyer.
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NewsAdvent sells off remaining DFS shares as margin hit
Private-equity company Advent has sold remaining shares in DFS, which represent a 12.1% stake in the company.
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NewsAgenda: Homebase Bunnings reveal latest sales figures
Retail Week looks ahead to the next seven days with financial updates from Homebase Bunnings owner Wesfarmers on the agenda.
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NewsBoohoo gets legal green light for Nasty Gal deal
Boohoo has secured court approval for its acquisition of US fashion retailer Nasty Gal and remains on track to complete the £16m deal by the end of this month.
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NewsToday in retail: Dunelm dips as market bites
Dunelm revealed slumping profits today as a challenging market, disrupted supply chain and an acquisition-laden half took its toll.
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NewsDunelm half-year profits slip amid ‘weaker market’
Dunelm has suffered a slump in profit during the first half of its financial year as a “weaker market” and “supply chain disruption” hampered performance.
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NewsYoox Net-a-Porter sales jump as customer numbers grow
Yoox Net-a-Porter has posted a spike in full-year sales as the group hailed increases in order numbers and active customers.
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NewsCo-op boss Richard Pennycook to step down
The Co-op’s group chief executive Richard Pennycook is stepping down from the mutual, to be succeeded by food boss Steve Murrells.
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NewsToday in retail: Aldi topples the Co-op to hit high five
Aldi greeted this morning’s news that it has toppled the Co-op to become the fifth largest grocer in the UK with little fanfare.
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NewsBooker bids to convince retailers over Tesco deal
Booker bosses will kick-start a tour of the UK tomorrow as they bid to convince independent retailers of its shock £3.7bn merger with Tesco.
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NewsNew Look sales and profits plunge in third quarter
New Look suffered plunging sales and profits during the crucial Christmas quarter as it lamented the “extremely challenging” trading environment.
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NewsBreakfast briefing: Damsel in a Dress and Irish sales
Retail news round-up: Foschini group acquires Damsel in a Dress, and Irish retail sales down at Christmas
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NewsBoohoo.com on track to complete Nasty Gal acquisition
Booohoo.com is set to complete its acquisition of Nasty Gal as no other qualifying bids for the retailer have been received.
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NewsAmazon lowers profit guidance as it forks out for Prime
Internet goliath Amazon has lowered its profit guidance for the next quarter as it continues to plough money into its Prime membership.
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NewsMajority of retail chiefs primed for growth in 2017
The majority of retailers expect their businesses to grow in 2017, despite the headwinds brought by Brexit and general political uncertainty.
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NewsJohn Lewis' sales boost from new fashion ranges
Sales at John Lewis were driven up last week by a strong performance in fashion as the retailer benefited from new season ranges.
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NewsCarpetright boss: 2017 is going to be 'hard work'
Carpetright chief executive Wilf Walsh warned that 2017 was going to be “hard work”, as currency volatility and increased competition continue to rile the retailer.
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NewsBreakfast briefing: BHS, Dunhill London and more
Retail news round-up: Sir Philip Green's title stripping put on hold, Dunhill London appoints new chief executive and MatchesFashion reports increase in sales
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NewsShop prices fall in January amid post-Christmas Sales
Shop prices dropped last month as January Sales in the fashion, footwear, furniture, and electricals drove deflation.
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NewsToday in Retail: Ocado ramps up international efforts
Ocado didn’t make much of a song and dance about the eye-catching appointment of former Sainsbury’s executive Luke Jensen.