All articles by Amy Shields – Page 10
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NewsArcandor investor cuts stake in stricken German retail group
Arcandor shareholder German bank Sal Oppenheim has cut its stake in the German retail and tourism group and said it would decide whether to remain its second-largest shareholder only when the insolvent retailer revealed a restructuring plan.
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NewsEBay concerned over supplier 'bullying'
EBay has expressed concern that its online traders have been prevented by manufacturers from selling goods at a discount to high street shops.
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NewsMulberry profits down but sales up
Upscale fashion retailer Mulberry has revealed a drop off in full-year pre-tax profits but said that like-for-likes have soared 21 per cent in the past 10 weeks.
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NewsBest Buy first-quarter profits fall
First-quarter profits at US electricals retailer Best Buy have been impacted by restructuring costs, including those incurred by its joint venture with Carphone Warehouse.
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NewsHouse of Fraser trading update reassures over covenants
House of Fraser has issued a statement quashing rumours that it is close to breaching its banking covenants, a suggestion that has prompted feverish speculation that it is the subject of a takeover attempt by rival Debenhams.
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NewsHobbs appoints Alana Mazza as retail director
Hobbs has appointed former Principles retail trading director Alana Mazza as retail director of the upmarket fashion brand.
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NewsMatalan defies retail gloom
Matalan has revealed that like-for-likes rocketed 8.2 per cent in the 14 weeks to June 6 after posting robust full-year results.
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NewsIceland profits skyrocket as it sidesteps recession
Iceland chief executive Malcolm Walker has declared that the retailer is “not taking part” in the recession after revealing record sales and profits.
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NewsDebenhams drives down debts with share placing
Debenhams has raised £323m by placing new shares in a bid to slash its £972m debt pile.
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AnalysisRob Templeman: the man behind Debenhams' share placing
Debenhams’ share placing last week is the result of years of work by deal-making chief Templeman to tighten the ship. Amy Shields reports
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NewsQS owner resolves to make profit despite losses of £21m last year
The owner of QS has vowed to make the value fashion retailer profitable this year despite recording a £21.4m pre-tax loss last year.
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NewsFood prices continue to fall
Food prices fell for the second month in a row as promotional levels within the grocery sector soar.
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OpinionRetail's near-wins on policy don't go far enough
The day that VAT will change has been pushed back. But don’t get too excited.
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NewsPark Group profits soar
Christmas savings specialist Park Group has revealed robust full-year profits and said it is “holding firm” in a difficult climate.
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NewsGap to open more UK Outlet stores to drive market share
US fashion giant Gap will increase its number of Outlet stores in the UK as part of plans outlined by management to generate growth overseas and online while stabilising its US business.
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NewsSir Philip Green warns against VAT level increases
Arcadia and Bhs owner Sir Philip Green has spoken out against the scheduled increase to VAT levels.
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NewsRetail sales in May grow 0.8 per cent
Retail sales rose 0.8 per cent year-on-year in May, as a poor performance in non-food dragged figures down.
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NewsCarphone Warehouse to demerge by July 2010
Carphone Warehouse is to demerge from its Talk Talk fixed line and broadband business by July 2010.
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NewsNew UK managing director for Inditex as Stefano Sutter moves to Europe
Zara owner Inditex has appointed a new UK and Ireland managing director to replace Stefano Sutter, who has been moved from his role to run other European markets for the Spanish fashion giant.