Latest finance news – Page 307
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NewsNext's pre-Christmas sales slump as price rises loom
Next’s full-price sales fell in the all-important fourth quarter, contrary to the retailer’s expectations.
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NewsBreakfast briefing: Shop prices, Sports Direct and more
Retail news round-up: UK shop prices down 1.4% and shareholders oppose re-election of Sports Direct chairman.
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NewsJigsaw Christmas sales up as retailer resists discounting
Jigsaw’s sales rose 10% over the Christmas period, with the retailer maintaining its full-price offer.
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NewsTiger's UK owners sell stake in Danish retailer
Flying Tiger Copenhagen’s UK founders Philip and Emma Bier have sold their 50% stake in the Danish variety retailer for an undisclosed sum, 11 years after the couple opened its first UK store.
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NewsBHS liquidator probes Green and Chappell property deals
BHS’s liquidators are investigating a swathe of property transactions that took place under the ownerships of Sir Philip Green and Dominic Chappell.
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NewsGoldsmiths owner Aurum set for auction amid sales boom
The owner of luxury watch and jewellery group Aurum could call time on its ownership of the business as it eyes a potential sale.
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NewsAgent Provocateur owner 3i mulls sale of lingerie chain
Agent Provocateur’s owner 3i is considering selling the struggling lingerie business as the private equity firm weighs up its options for the retailer.
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NewsBreakfast briefing: Sports Direct, Quiz and more
Retail news round-up: Pension expert questions Dunlop sale, Quiz reports surge in profits and UK retail prices set to increase by up to 8%.
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NewsBreakfast briefing: Scottish retail sales and UK fashion retailers
Retail news round-up: Rising inflation and council taxes affect Scottish retail sales and UK fashion retailers to face financial crisis.
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NewsSports Direct sells Dunlop to focus on core UK business
Mike Ashley’s Sports Direct is selling the rights to tennis brand Dunlop for £112m, as it strives to become “the Selfridges of sports retail”.
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NewsBoohoo.com poised to acquire Nasty Gal brand for $20m
Fast-fashion etailer Boohoo.com has set the ball rolling on an acquisition of bankrupt US brand Nasty Gal for $20m.
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NewsJD Sports-owner faces probe on Go Outdoors takeover
The Competition and Markets Authority has served an initial enforcement order on JD Sports-owner Pentland over its Go Outdoors acquisition.
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NewsLuxury raincoat retailer Aquascutum sold for £97m
Aquascutum has been sold by its Hong Kong-based owner, YGM Trading, to two unnamed Chinese buyers, in a deal worth £97m.
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NewsKoovs' sales surge in fashion etailer's half-year
Indian etailer Koovs more than doubled sales in its half-year, but its pre-tax profits widened following increased investment in marketing.
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NewsConsumer confidence lifts at end of rollercoaster year
Consumer confidence edged up one point last month to -7, according to GfK’s consumer confidence index, as a rollercoaster year draws to a close.
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NewsThe White Company's full-year profits rocket
The White Company has unveiled surging profits in its full-year against strong comparables and despite a “difficult trading environment”.
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NewsMcColl’s gets green light for Co-op store acquisition
McColl’s takeover of some of Co-op’s stores to bolster its convenience offer has been signed off by the Competition and Markets Authority.
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NewsReview of the Year: Fashion's annus horribilis
The past 12 months have been some of the most eventful ever for fashion retailers, with CVAs, administrations and the odd death threat making it a year to remember.
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NewsBusiness confidence grows as faith in economy recovers
Business confidence showed signs of improvement in November, but has not yet recovered the ground it lost in the aftermath of June’s Brexit vote.
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NewsBreakfast briefing: Inditex, Argos and more
Retail news round-up: Inditex reports increase in sales, Argos drivers dismiss strike plan and Lego increases its UK prices amid Brexit.