All Studio Retail articles – Page 5
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NewsFindel turnaround gathers steam with sales rise
Home shopping group Findel reported an encouraging start to its turnaround as group sales rose 1.1% year-on-year.
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News
Findel group sales ahead by 1.1%
Home shopping group Findel said group sales are ahead of the prior year by 1.1% in its interim management statement though with some pressure on margins which it said is offset by cost savings.
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News
Troubled Findel kick-starts three-year turnaround plan
Findel is working to repair relations with suppliers and customers as it embarks on a turnaround plan
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News
Findel profits drop as its turnaround begins
Home shopping group Findel’s pre-tax profit before exceptional items dropped from £11.7m to £7m and its three year turnaround begins.
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News
Little relief in sight as stores sector stays flat
The stores sector was flat as a Shrove Tuesday pancake - perhaps a better performance than might have been expected as the latest BRC sales data showed the worst growth in almost two years.
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News
Confetti to branch out to party products
Online retailer Confetti is to expand beyond its core wedding products range as it looks to grow.
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News
Findel to restructure in bid to lift performance
Home shopping group Findel aims to raise £80.5m via a rights issue and share placing as it plans to restructure its balance sheet and bids to improve performance.
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News
Findel unveils £80.5m fundraising
Home shopping group Findel has unveiled an £80.5m fundraising as it restructures its balance sheet and bids to improve performance.
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Opinion
No trolley dash for retail
Many retailers have weathered the trading storms well post credit crunch but their efforts have frequently not been matched by investor enthusiasm.
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News
Findel to raise £80m for investment and to cut debt
Multichannel specialist Findel wants to raise £80m of equity through a rights issue to pay down debt and invest in key areas.
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News
Findel profits up as it seeks to raise £80m through rights issue
Mulitchannel specialists Findel operating profits more than doubled from £0.9m to £1.9m in its home shopping arm in the 26 weeks to October 1.
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News
Findel profits to fall by £7m this year
Home shopping group Findel expects full-year profits to come in £7m below its expectations after contract delays at its educational division and accounting changes.
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News
In Focus: Findel
For years Findel was a well-respected, profitable home shopping and educational supplies business. Group sales hit £300m in 2002, peaking at close to £650m six years later.
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News
Findel appoints Roger Siddle as chief executive
Home shopping group Findel has appointed Roger Siddle as its chief executive with immediate effect.
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News
Findel considers sale of Express Gifts
Multichannel retailer Findel is understood to be considering a sale of its home shopping business, Express Gifts, as part of an ongoing restructure by the listed company.
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News
Morrisons and Sainsbury’s defy poor week for shares
General retail shares suffered another bad week when they once again underperformed the All Share index.
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News
Customers are left in the dark as Confetti goes into administration
The collapse of wedding specialist Confetti has sparked anger among customers who fear plans for their big days are in ruins.
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News
Confetti placed into administration
Wedding specialist Confetti has been placed into administration less than a week after it was bougth from home shopping group Findel by The Hut Group.
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News
Findel sells loss making arm
Home shopping group Findel has sold its loss- making arm CWIO to The Hut Group to help reduce its debt.
