Latest finance news – Page 509
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News
Kesa shareholders give Comet sale to OpCapita the green light
Kesa Electricals shareholders have given the go-ahead for the sale of Comet to private equity firm.
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NewsAnalysts confident of Carpetright recovery
Analysts believe Carpetright is well positioned for when the recovery comes despite the floorings retailer reporting a first-half loss.
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NewsCarpetright IT and e-commerce director Ian Woosey made redundant
Carpetright group IT and e-commerce director Ian Woosey has been made redundant following a review of the business.
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NewsDFS invests in growth despite earnings fall
Sofas giant DFS has posted a fall in quarterly sales and earnings but is continuing to invest in expansion and confident in longer-term prospects.
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NewsMoss Bros like-for-likes soar
Moss Bros like-for-likes soared 10.5% in the 19 weeks to December 10, despite being up against tough comparables.
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NewsSports Direct sales up in first half
Sports Direct has reported flat pretax profits at £100.3m as sales grew in the first half.
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NewsClintons FD Paul Salador quits
Clinton Cards group finance director Paul Salador has stepped down after 15 years at the business.
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NewsSupergroup profits dip despite like-for-like growth
Supergroup underlying profit before tax dipped £0.5m to £13m as like-for-likes grew 4% in its half year to October 30.
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NewsCPI inflation falls in November
The rate of Consumer Prices Index (CPI) inflation has fallen during November.
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NewsWickes like-for-likes plummet over past eight weeks
Wickes like-for-likes have plummeted 6.8% over the past eight weeks.
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NewsGo Outdoors and Mountain Warehouse join Sports Direct in race to buy Blacks
Sports and outdoor specialists including Sports Direct, Go Outdoors and Mountain Warehouse are lining up to takeover up-for-sale retailer Blacks Leisure.
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NewsCarpetright reports first half loss
Carpetright has reported a first half pretax loss of £800,000 against a £9.8m profit last year as the “very challenging trading environment” hit performance.
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NewsGame set to appoint Deloitte to plot turnaround
Game Group is set to appoint the restructuring team at Deloitte to help it devise a plan to turn around the business next year.
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NewsPrivate equity firm Cinven weighs up Mothercare bid
Private equity houses including Cinven are vying to take over struggling maternity retailer Mothercare.
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NewsBleak sales growth adds to retail woe
It was another frustrating week for investors in retail companies as food and general merchandise groups put in a lacklustre showing versus a wider market advance.
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NewsSale on cards as profits rise at food specialist Abel & Cole
Profits have surged at grocery home shopping specialist Abel & Cole and the retailer could be put up for sale next year.
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NewsBarratts Priceless plunges into administration
Shoe specialist Barratts Priceless Group has collapsed into administration for the second time in two years.
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NewsBarratts Priceless 'nears administration'
Barratts Priceless is reportedly close to appointing administrators for the second time in two years.
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NewsDirect Golf chases private equity
Specialist retailer Direct Golf is eyeing private equity investment as it looks to replicate the success of fellow fast-growing sports chain Go Outdoors.
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NewsMulberry profits soar 231%
Profits at Mulberry, the luxury brand and retailer, rocketed 231% over the last six months boosted by strong growth overseas.