All Studio Retail articles – Page 3
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NewsMike Ashley launches bid for Findel chairmanship
Sports Direct boss Mike Ashley bids to become chairman of home shopping group Findel, months after raising his stake in the business.
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NewsFindel admits ‘need to improve’ after drop in full-year profits
Findel has reported a 10.6% drop in pre-tax profits before exceptionals to £24.8m following a “more challenging than expected” year.
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NewsSports Direct raises stake in Findel to close to 30%
Sports Direct has upped its stake in Findel to nearly 30% – close to the point at which it would have to table a formal bid.
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NewsFindel hails ‘improvement in sales performance’ months after profit warning
Findel has hailed “an improvement” in sales performance, just two months after it warned on profits following a tough third quarter.
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NewsFindel shuns Sports Direct and sells Kitbag to US firm Fanatics
Findel has sold Kitbag to Fanatics, a US-licensed sports merchandise specialist, thwarting Sports Direct’s attempt to disrupt the sale.
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NewsFindel warns on profits after tough trading and currency woes
Findel has warned that its full-year profits will be lower than expected after a tough third quarter and the impact of currency movements.
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NewsBreakfast briefing: Retail news on business rates, Tesco, Homebase and more
Retail news round-up on December 7, 2015: High street to see hike in rates bill, Findel investors fear business closure and plastic bags usage down at Tesco.
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NewsBreakfast briefing: Retail news on Sports Direct and Argos
Retail news round-up on December 3, 2015: Mike Ashley's plan to get a director on Findel board set to be opposed, and Argos sorry for late Black Friday deliveries.
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NewsFindel half-year profits flat as sale of Kitbag business is delayed
Home shopping group Findel has reported flat half-year sales and profits while the sale of its Kitbag business has been delayed.
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NewsSports Direct calls for Findel general meeting over director appointment
Sports Direct has requested a general meeting be convened by home shopping group Findel to consider a director appointment.
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NewsBreakfast briefing: Retail news on Argos, M&S, Sports Direct and more
Retail news round-up on November 9, 2015: Argos’ website goes offline, M&S chief confirms stay and S&P cuts Matalan’s long-term credit rating.
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AnalysisAnalysis: Mike Ashley's share grab at Findel raises questions about Kitbag sale
Mike Ashley has once again set tongues wagging by snapping up a big chunk of shares in a fellow retailer, this time targeting Findel.
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AnalysisSports Direct takes stake in Findel as mystery bidder makes play for Kitbag
Sports Direct has become the third biggest shareholder in home shopping firm Findel after taking an 18.9% stake.
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NewsFindel reports 'solid' start to year as sales rise 1.9% in first quarter
Findel has reported a “solid” start to the year as total sales increased 1.9% in the 17 weeks to July 24.
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NewsFindel boss expects group to return to profit this year as Kitbag recovers
Findel executive chairman David Sugden expects the home shopping and education group to be back in the black in its current financial year.
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NewsFindel posts full-year loss, but Express Gifts boosts sales
Findel has revealed a full-year pre-tax loss of £1.7m, but sales edged up helped by the performance of its Express Gifts business.
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NewsFindel to keep hold of Kitbag business as it decides not to sell
Home shopping group Findel has decided not to sell its sports retail business Kitbag following a strategic review.
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NewsFindel sales rise 2.7% after 'strong' performance from Express Gifts
Findel said “strong” performance from its homewares business is set to drive group sales growth of 2.7% for the year ending March 27.
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NewsFindel strikes deal to sell Kleeneze to CVSL in £3.6m deal
Findel has agreed to sell its catalogue retailer Kleeneze to Trillium Pond, a subsidiary of US group CVSL, in a deal valued at £3.6m.
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AnalysisIn the news: Findel's departing boss Roger Siddle profiled
Roger Siddle is bowing out from Findel after almost five years turning the retailer around, but it is not the last retail will see of him.