All City & finance articles – Page 13
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NewsDr Martens holds firm on guidance despite ‘challenging’ UK market
Ahead of its annual general meeting, footwear retailer Dr Martens said it is trading “in line with expectations” so far during this financial year and confirmed that all guidance for the 2026 financial year remains unchanged.
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NewsThe Cotswold Company sales rocket in ‘milestone year’
The Cotswold Company has posted record sales growth and has more than doubled profits in what it described as a “milestone year” for the business.
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NewsShein puts pressure on UK as it files for IPO in Hong Kong
Shein has reportedly filed for an initial public offering (IPO) in Hong Kong as it puts pressure on UK regulators to approve its London listing.
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NewsMaternitywear brand Seraphine enters administration
Maternitywear retailer Seraphine has entered administration, with the majority of its 95 staff being made redundant.
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NewsFootasylum hails ‘standout’ year as profits and sales surge amid ongoing growth
Sportswear retailer Footasylum has hailed the success of its “standout performance” for the full year as profits and sales surged amid the retailer’s ongoing growth trajectory.
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NewsApple’s corporation tax surges following £1bn profit milestone
American tech group Apple has seen its corporation tax in the UK surge after it exceeds £1bn in profits.
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NewsBensons for Beds reports losses but its on track for ‘significantly improved’ performance
Bensons for Beds has reported a loss as it continues to battle “market headwinds and inflationary cost pressures”.
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NewsFrasers Group bags ‘substantial’ increase to credit facility
Frasers Group has entered into a new term loan and revolving credit facility, bolstering its existing financing facilities to fuel future growth.
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AnalysisCurrys completes turnaround phase as it looks to power ahead
Currys has beaten its annual profit expectations and resumed its dividend payments to shareholders as boss Alex Baldock and co have put their turnaround phase behind them.
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NewsCurrys results show “strongest balance sheet in a decade”
The electricals retailer reported £162m in group adjusted profit before tax in the year ended May 3, 2025, a 37% increase year on year.
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AnalysisHot or not: Are soaring temperatures really behind Greggs’ unexpected profit warning?
In unexpected news today, high street food-to-go expert Greggs today issued an unexpected profit warning. Is the heat wave really to blame, or is there more than just weather at play?
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NewsSuperdrug profits rise as sales grow across stores and online
Health and beauty retailer Superdrug has reported a rise in profit accompanied by a growth in sales across stores and online channels.
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NewsTrade customers power Topps Tiles revival
Topps Tiles has hailed its “strong trading momentum” and improving sales across the business, as its turnaround efforts gather pace.
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NewsGreggs issues profit warning
Food-to-go giant Greggs has issued a profit warning, saying that it was dealing with strong year-on-year sales comparatives and ballooning costs across the business.
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NewsClarks slashes 1,200 jobs as sales slump in ‘year of transition’
Footwear specialist Clarks slashed more than 1,000 jobs last year as its sales slumped by almost £100m in a “year of transition” at the business.
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NewsShop prices return to inflation as retailers battle cost pressures
Headline shop prices have returned to inflation in June as cost pressures on retailers take toll.
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InterviewQ&A: Gousto boss Timo Boldt on riding value, health and convenience into the ‘Champions League of start-ups’
After posting record profits for the 2024 financial year, Gousto chief executive and founder Timo Boldt talks to Retail Week about focusing on the customer, international expansion and the power of convenience and value.
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NewsWHSmith revises sale of UK high street arm
WHSmith has announced the completion of the sale of its UK high street arm to new owner Modella Capital under amended sale terms.
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NewsBoots sales rise as online performance continues to strengthen
High street health and beauty retailer Boots has recorded a rise in sales as its online performance continues to grow.
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NewsTopps Tiles names new chief executive
A former National Express boss has been appointed as the new chief executive of Topps Tiles.