All City & finance articles – Page 14
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NewsNext upgrades profit guidance after ‘better than expected’ first quarter
Next has upgraded its profit before tax guidance for the full year, after warmer weather led to a “better than expected” first quarter of trading.
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NewsCard Factory boss: American expansion represents ‘a £60bn opportunity for us’
Card Factory chief executive Darcy Willson-Rymer says its expansion into the United States represents a potentially “£60bn opportunity for us”.
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NewsCard Factory sales and profits surge thanks to store expansion and growing proposition
Cards and gifts specialist Card Factory has “outperformed” the market as sales and profits for the full year surged thanks to growing store estate and product category evolution.
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Opinion‘Hoping for a retail leadership role? Here are some things you should know’
To understand the DNA of a successful chief executive it pays to listen to a wide range of voices, and getting to the top today takes more than personal ambition. Headhunter Spencer Stuart’s Sally Elliott shares some observations for those keen to make the grade
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NewsMarketplace OnBuy cites Trump’s tariffs for leap in UK sales
Online marketplace OnBuy has reported record sales figures and cites President Trump’s tariffs as one of the reasons for sales growth.
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Opinion‘After M&S’ cyber attack, these are the security questions retailers must ask themselves’
It’s a question of when, not if, there are more attempts to breach retailers’ cybersecurity. AlixPartners experts Brian Kalms and Edd Hardy look at how businesses can best protect themselves
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NewsBurberry begins search for new chair
British luxury group Burberry is using headhunters to find a successor to chair Gerry Murphy.
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NewsB&M names interim CEO as Russo departs
B&M group chief finance officer Mike Schmidt has been appointed as interim chief executive at the value retailer.
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NewsNew Post Office CEO extends in-branch cash services to 2030
Neil Brocklehurst was confirmed as the new Post Office CEO today, having been acting chief executive since September.
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NewsPrimark sales grow in key markets but decline in UK and Ireland
Primark has reported a sales decline in the UK and Ireland, but the rest of its key markets showed growth.
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NewsTHG revenue slips following Ingenuity demerger
THG has reported a decline in sales following its demerger from the group’s technology division, Ingenuity.
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NewsVinted delivers leap in sales and profit as it launches in new markets
Second-hand marketplace Vinted has recorded a large increase in sales and profit as it continues to expand into new categories and markets.
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NewsFood inflation rises in April as labour costs rise
Recent figures suggest that food price inflation is slowly creeping back up, according to the BRC-Nielsen shop price index.
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NewsOner Active sees ‘exceptional’ growth as sales nearly double
Women’s sportswear brand Oner Active has reported “exceptional” year-on-year growth as sales nearly double.
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NewsPoundland receives new takeover bid from Lakeland owner
Value giant Poundland has received two new takeover offers, according to reports.
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Opinion‘Can a new entrant controlled by a global giant disrupt UK grocery?’
The soft launch of Joybuy represents a play by Chinese powerhouse JD.com to snap up share of the food retail market, but established grocers won’t be quaking in their boots just yet, says George MacDonald
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NewsHundreds of jobs potentially at risk at The Original Factory Shop
Owner Modella Capital is aiming to renegotiate rents at almost half of the company’s stores, according to a Sky News report.
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NewsUK retail sales keep rising, defying analyst expectations
Clothing and outdoor retailers cited good weather as the reason for a rise in sales volumes, which rose by 0.4% versus the previous month. Analysts had been expecting a 0.4% fall.
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AnalysisTariffs, Topshop and loyalty: Why Asos’ boss is looking ahead despite the turmoil
After Asos showed the “strongest sign yet” of its transformation strategy paying off, Retail Week explores the opportunities and challenges ahead for the fashion retailer
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Opinion‘De minimis advantage – the elephant in the room for Shein, pre-IPO?’
UK retailers would benefit from the abolition of de minimis rules, which have given Shein’s business model an advantage, believes fashion analyst Maureen Hinton