Latest finance news – Page 439
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NewsBreakfast briefing: Retail news on Hotel Chocolat, Sports Direct, Debenhams, United Carpets and eBay
Retail news round-up on January 23, 2014: Hotel Chocolat revives stake sales; Sports Direct and Debenhams set for crunch meeting today, United Carpets and Floors2Go change pricing practices after OFT probe; eBay activist investor calls for PayPal spin-off
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NewsFindel to deliver 'strong profit growth' as sales edge up
Home shopping group Findel said it is on track to deliver “strong profit growth” as sales rose 3.8% in the 16 weeks to January 17.
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NewsBC Partners eyes £1bn float for Phones4U
Phones4U’s private equity owner BC Partners is considering floating the mobile phone retailer this year.
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NewsLaura Ashley pays shareholders £7.5m dividend as 'token of appreciation'
Laura Ashley has rewarded investors with a £7.5m bonus dividend to show its “appreciation to the shareholders for their continued support”.
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NewsCarphone Warehouse group like-for-likes climb 3.1% over Christmas
Carphone Warehouse group like-for-likes advanced 3.1% in the quarter to December 28, its sixth consecutive quarter of growth.
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NewsFat Face hires banks to work on IPO
Fashion retailer Fat Face has hired banks Citi and Jeffries to work on its prospective float which could take place within months.
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NewsConviviality Retail reports Christmas sales uplift
Bargain Booze and Wine Rack owner Conviviality Retail has reported a rise in sales over Christmas as first-half profits increased.
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NewsHotter Shoes to be bought by private equity firm Electra
Footwear retailer Hotter Shoes is to be sold to private equity firm Electra in a £200m deal.
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NewsKnicker factory behind Portas' lingerie business collapses into administration
The factory which made the knickers for Mary Portas’s Kinky Knickers lingerie business as part of the retail expert’s bid to revive UK manufacturing has collapsed into administration.
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NewsSports Direct takes option of larger Debenhams stake
Sports Direct has struck a complex share option agreement that allows it to take a 6.6% stake in Debenhams.
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NewsBonmarché Christmas like-for-likes up 6% as online sales rocket
Bonmarché has revealed like-for-like sales jumped 6% over Christmas, driven by its strong online business.
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NewsN Brown records 'robust' Christmas growth as it steps up overseas plans
N Brown revealed “robust, reliable growth” over the Christmas trading period, and it plans to step up investment for its overseas growth plans.
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NewsHalfords sales up 6.6% pedalled by strong cycling sales
Halfords group sales grew 6.6% in its third quarter, which included the festive period, driven by “significant growth” in its cycling category.
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NewsHome Retail appoints Argos boss John Walden as chief executive
Home Retail has appointed Argos boss John Walden as its new chief executive as it reveals sales growth at its fascias.
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NewsPrimark delivers 'excellent' Christmas with sales up 12%
Primark has recorded Christmas sales up 12% and expects its profit to be well ahead of last year, and margin higher than expected.
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NewsMonsoon founder Peter Simon takes stake in furniture etailer Loaf
Monsoon and Accessorize founder Peter Simon has taken a significant minority stake in furniture retailer Loaf for an undisclosed sum.
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NewsLaura Ashley disposes of Moss Bros stake
Homewares retailer Laura Ashley has disposed of its stake in formalwear specialist Moss Bros.
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NewsFindel secures new funding to support growth at Express Gifts
Home shopping group Findel has secured extra funding to invest in its growing Express Gifts catalogue business.
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NewsBurberry Christmas sales up 14% driven by online
Burberry revealed sales in its third quarter surged 14% driven by online but warned current exchange rates would be a headwind in its second half.
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NewsBreakfast briefing: Retail news on Sainsbury's, Asda and Scottish retail sales
Retail news round-up on January 15, 2014: Sainsbury’s sales beat Asda for the first time in a decade, Scottish retail sales down.