Latest finance news – Page 335
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NewsGear4music revenues soar in its maiden full-year results
Gear4music has reported a healthy increase in sales and profits in its first set of full-year results following its flotation last June.
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NewsGo Outdoors explores potential sale as it eyes further expansion
Go Outdoors has hired financial adviser KPMG to explore the possibility of a potential sale in an effort to fuel expansion.
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NewsBreakfast briefing: Retail news on BHS, Go Outdoors and more
Retail round-up on May 10, 2016: Go Outdoors mulls sale of business and April retail sales suffer biggest drop since last August.
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NewsPensions Regulator learnt of BHS sale to Retail Acquisitions via media
The Pensions Regulator only found out that Sir Philip Green had sold BHS to Retail Acquisitions for £1 via the media, it emerged today.
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NewsConviviality reshapes exec board following Matthew Clark acquisition
Bargain Booze owner Conviviality has reshaped its senior leadership team following the acquisition of drinks wholesaler Matthew Clark.
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NewsBHS inquiry kicks off today but regulator interest piqued a year ago
MPs are expected to hear today that the BHS pensions probe began “soon after” Sir Philip Green sold the business to Retail Acquisitions.
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News
Sports Direct makes shock bid for Austin Reed while circling BHS
Sports Direct’s founder Mike Ashley has reportedly placed a bid to buy the beleaguered Austin Reed out of administration.
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NewsBreakfast briefing: Retail news on BHS, Austin Reed and Morrisons
Retail round-up on May 9, 2016: Lord Myners asks Sir Philip Green to 'calm down' after BHS collapse and Sports Direct tables bid for Austin Reed.
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NewsBreakfast briefing: Retail news on BHS, Austin Reed and Burberry
Retail round-up on May 6, 2016: Sir Philp Green calls for Frank Field to quit BHS inquiry and Hawes & Curtis owner eyeing Austin Reed.
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NewsAlibaba profits almost triple after delivering strong fourth-quarter sales
Alibaba’s full-year profits nearly tripled as the etailer delivered a strong fourth quarter driven by rocketing mobile sales.
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NewsHotel Chocolat boss Thirlwell: 'We are worth' £167m valuation
Hotel Chocolat boss Angus Thirlwell has insisted “we are worth it” after the business unveiled its initial public offering on AIM.
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NewsGame acquires augmented reality supplier to drive customer engagement
Game has acquired augmented reality software business Ads Reality to grow the group’s digital capabilities and customer engagement.
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NewsHotel Chocolat sets share price at upper end of range as it lists on AIM
Hotel Chocolat has set its share price at the top end of the anticipated range ahead of its float, valuing the retailer at £167m.
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NewsMorrisons like-for-likes rise as its food to go offer drives sales
Morrisons has posted a rise in first-quarter like-for-likes as boss David Potts said its efforts to stabilise trading were “taking effect”.
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NewsFarfetch raises £76m in new Asian expansion financing round
Luxury fashion etailer Farfetch has raised £76m ($110m) in a new financing round, which aims to facilitate international expansion.
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NewsMothercare launches finance initiative for suppliers
Mothercare has launched a new initiative to support its suppliers’ financial health, allowing them to request early payment of invoices.
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NewsSainsbury's boss: BHS demise supports rationale for Argos buy
Sainsbury’s boss Mike Coupe says the falls of BHS and Austin Reed have reaffirmed the grocer’s rationale for acquiring Argos.
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NewsNext lowers sales guidance after first-quarter revenue fall
Next has posted a 0.2% dip in total sales across its first quarter and has warned of a possible “wider slow-down in consumer spending”.
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NewsSainsbury’s swings to full-year profit in "rapidly" changing market
Sainsbury’s has swung to a statutory full-year pre-tax profit, but like-for-like sales dipped as the grocery sector continues to change “rapidly”.
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NewsGovernment launches full inquiry into the collapse of BHS
The government has launched an inquiry into the collapse of BHS, investigating the conduct of all directors involved in the retailer’s demise.















