Latest finance news – Page 323
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NewsYoox Net-a-Porter dodges luxury slowdown as first-half profits climb
Yoox Net-a-Porter reported a surge in its half-year profits and sales as rising customer numbers offset a decline in average order value.
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NewsAgenda: DFS posts full-year results and July's retail sales figures
Retail Week looks ahead to the next seven days with a full-year update from DFS and the latest retail sales figures from July on the agenda.
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NewsWalmart eyes bid for Jet.com as it accelerates online ambitions
Walmart is mulling a move to acquire online retailer Jet.com as the US titan seeks to bolster its ecommerce proposition.
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NewsGame full-year sales slump in the UK amid 'challenging' market
Game is expecting to post a drop in full-year sales after its retail sales in the UK fell 12.7% amid a “challenging trading environment”.
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NewsNext warns of cost price increases in 2017 as second quarter sales edge up
Next’s sales rose 1.8% in its second quarter but the retailer has warned that the falling value of the pound is likely to affect the cost of buying goods.
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NewsRetail competition drives prices down but at slowest rate in a year
The trend for deflation continued in July but the price of goods in shops fell at the slowest rate since August last year.
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NewsTravis Perkins’ retail division posts increased like-for-likes
Wickes owner Travis Perkins has posted a rise in like-for-likes for its first half, with current trading recovering following the EU referendum.
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NewsBHS: War of words escalates between 'evil' Sir Philip Green and Frank Field
Sir Philip Green has warned MP Frank Field that his scathing media attacks are putting a rescue plan for BHS pensioners at risk.
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NewsIndian etailer Koovs' losses widen despite sales jump
Koovs’ full-year losses have widened, despite rising sales, with operating costs soaring as its continued to target India’s fashion market.
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NewsMike Ashley fails in his bid to become Findel chairman
Home shopping group Findel has decided not to appoint Sports Direct’s Mike Ashley as chairman as it unveiled a 5.3% rise in sales.
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NewsConsumer confidence falls at sharpest rate in 26 years amid Brexit 'concern'
Consumer confidence plummeted in its sharpest month-on-month decline in 26 years as shoppers revealed “concern” following the Brexit vote.
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NewsLloydsPharmacy gets CMA green light to acquire Sainsbury's unit
LloydsPharmacy’s deal to buy Sainsbury’s pharmacy unit has had the go-ahead from competition authorities, but it must still sell some stores.
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NewsAgenda: Updates from Next, Pets at Home and Travis Perkins
Retail Week looks to the next seven days with updates from Next, Pets at Home and Wickes owner Travis Perkins all on the agenda.
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NewsSports Direct begins £90m share buyback and plans more
Sports Direct has begun the process of buying back nearly £90m worth of its own shares, and has plans to purchase more in the future.
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NewsBonmarché blames like-for-like sales slump on bad weather
Bonmarché reported drops in like-for-like and overall sales, which the fashion retailer attributed to poor weather impacting summer trading.
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NewsOpinion: Next's slowdown reflects wider fashion challenges
In a world where Next is finding trading tough, you have to feel for the rest of the apparel market in what has been a challenging year so far.
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NewsConsumer confidence crashes to lowest point in three years
Consumer confidence has slumped to its lowest point in three years following the vote for Brexit, latest official figures have revealed.
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NewsApple to launch in India as it bids to offset falling global iPhone sales
Apple chief executive Tim Cook has unveiled plans to open stores in India as the tech giant bids to capitalise on “huge potential” in the market.
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NewsArgos owner Home Retail's shareholders vote in favour of Sainsbury's acquisition
Argos owner Home Retail Group’s shareholders have unanimously voted in favour of the proposed £1.4bn acquisition by Sainsbury’s.
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NewsMcColl’s half-year profits rise but like-for-likes dip
McColl’s has reported an increase in pre-tax profits in the six months to the end of May, although like-for-likes fell during the period.