All City & finance articles – Page 15
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Opinion‘Unless Amazon wants to remain a bit-part player in UK grocery, an acquisition would be the likely route’
Amazon’s UK grocery presence amounts to a pimple on an elephant’s backside so, if it wants to grow, a deal would be the obvious option, believes Shore Capital’s Clive Black
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NewsHilco ponders pounce on troubled Claire’s
Hilco, the investment business which recently bought Lakeland, is considering an offer for the UK arm of embattled Claire’s.
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NewsRetailer profit warnings speed up in May to June
UK-listed retailers issued seven profit warnings during the second quarter of 2025, double the amount seen in the first three months of the year.
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AnalysisIs the UK on the cusp of a ‘vibecession’?
With inflation climbing, job markets softening and consumer spending cooling despite soaring temperatures, is the UK in a summer ‘vibecession’?
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NewsConsumers to spend big during women’s Euro quarterfinals
Brits are expected to splurge in retail stores as football fever takes over and England’s women gear up to play Sweden in the Euro 2025 quarterfinals.
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NewsMango sales surge despite ‘uncertain macroeconomic and geopolitical environment’
Mango has reported surging sales in the first half of the financial year, despite what boss Toni Ruiz described as the continuingly “uncertain sectorial, macroeconomic and geopolitical environment”.
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NewsMorrisons shaves down debt through further refinancing
Morrisons has today announced it has completed its recent refinancing exercise, paying down or agreeing additional loan terms on over £2bn of debt.
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NewsDFS to beat guidance following ‘strong trading’
Sofas specialist DFS expects annual profits to come in “slightly above the top end of guidance” on the back of trading momentum and cost control.
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NewsDunelm strikes bullish tone as sales rise
Homewares specialist Dunelm has generated a rise in fourth-quarter and full-year sales and said it will “not stand still” in a tough trading environment.
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NewsOcado reports earnings growth as it prioritises ‘turning cashflow-positive’
Technology and online grocery group Ocado has posted a surge in first-half earnings and is focused on becoming cashflow-positive next year.
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NewsFrasers Group profits rise but Budget costs pose challenge
Frasers Group has reported an increase in annual profits but earnings in the new financial year may be slightly different as the retailer confronts extra costs.
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NewsSosandar: M&S cyber-attack blackout cost us £800,000 in lost sales
The cyber-attack on Marks & Spencer and subsequent ecommerce website blackout cost fashion partner Sosandar £800,000 in revenue.
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NewsSosandar moderates growth expectations due to M&S cyber incident
The fashion retailer says that lower revenue through M&S and a decision to halt new store openings means they are taking a “prudent view” and cutting sales expectations for this year by £2.6m.
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NewsRetail sales heat up as temperatures soar
The BRC-KPMG Sales Monitor, produced by the British Retail Consortium and KPMG, indicates that total retail sales in the UK have increased by 3.1% year on year in June, measured against a decline of 0.2% last year.
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NewsSpace NK close to being acquired by US beauty chain
UK high street retailer Space NK is close to being sold to a US-listed beauty chain, more than a year after bankers were first hired to auction the chain.
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Opinion‘If cyber criminals strike, you’d better know how to use pen and paper’
There was great news today as suspects were arrested over cyber attacks on retailers. But there’s no doubt such attacks will continue and there were practical cyber crime takeaways for retailers from this week’s select committee hearing, where M&S directors shared their experience
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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.