All City & finance articles – Page 186
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OpinionOpinion: These smaller retailers are the industry's real winners
The retail sector is undergoing an important shift in its evolution, with consumer choice never stronger thanks to a wave of small and nimble operators disrupting established players.
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NewsAgenda: JD Sports and Card Factory update the market
Retail Week looks ahead to the next seven days with JD Sports and Card Factory updates on the agenda.
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NewsBonmarché warns Philip Day offer 'undervalues' business
Bonmarché has warned prospective buyer Philip Day that his recent bid “undervalues” the business, but has offered further talks.
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NewsUniqlo issues profit warning after winter discounting
Fast Retailing, the owner of Japanese-based fashion giant Uniqlo, has issued a profit warning after unseasonably warm weather forced it to slash prices for winter clothes.
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NewsArcadia revamps board as Green mulls restructure
Sir Philip Green has recruited two restructuring specialists to the board of Arcadia, as he mulls a potential CVA for his struggling fashion empire.
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AnalysisAnalysis: How did Asos get it so wrong?
Following a shock profit warning in December, Asos’ half-year results laid bare the extent of its problems.
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NewsWHSmith profits fall amid InMotion acquisition
WHSmith has suffered a fall in half-year profits but insisted it is “well-positioned” to hit full-year expectations.
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OpinionClive Black: Tesco and Lewis deserve a pat on the back
Tesco has issued a set of preliminary results that underscore its recovery and set the expectation for brighter times ahead.
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NewsSports Direct lawyers clash with Debenhams administrators
Lawyers for tycoon Mike Ashley’s Sports Direct have written to the administrators of Debenhams alleging a conflict of interest.
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AnalysisAnalysis: Where are Tesco's 'untapped opportunities'?
Tesco answered many of its critics today when it beat analysts’ expectations by posting a spike in full-year earnings.
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NewsAsda contract changes could leave 3,000 staff worse off
Asda is in consultation with staff and unions over proposals to “streamline” the contracts of hourly paid staff, which could leave around 6,000 workers worse off.
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NewsLeonard Green ditches Topshop stake
US investment firm Leonard Green has sold its 25% stake in Topshop and Topman for an undisclosed sum to the brands’ parent company Arcadia.
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NewsLewis: Tesco will 'finish' turnaround this year
Tesco boss Dave Lewis has revealed the grocer is eyeing new avenues for growth and value creation following another “strong” year on its road to recovery.
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NewsAsos profits plunge as international costs bite
Asos has reported a nosedive in interim profits, which boss Nick Beighton attributed to “major capex” costs that “inevitably involved significant disruption and transition costs”.
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NewsTesco full-year profits climb as turnaround bears fruit
Tesco’s profit and sales rose as boss Dave Lewis says the grocer has “met or are about to meet the vast majority of our turnaround goals”.
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NewsDunelm delivers ‘strong' third-quarter sales growth
Dunelm has recorded a rise in its third-quarter sales as the retailer was spurred by an uplift in sales across its stores and online.
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OpinionOpinion: JD Sports has plenty of track left to run
JD Sports holds the unique position of being both Sports Direct’s biggest rival and, in many ways, its polar opposite.
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AnalysisAnalysis: What next for Debenhams?
Debenhams’ lenders took control of the department store business today through a pre-pack administration, and a sale is now likely to be pursued.
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NewsChinese firm closes in on LK Bennett acquisition
A Chinese firm which supplies LK Bennett is closing in on a deal to buy the beleaguered fashion retailer from administrators.
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OpinionDebenhams needs renewed purpose post-administration
The redundancy of Debenhams’ once-vaunted claim to be ‘Britain’s favourite department store’ was sadly laid bare as it fell into a pre-pack administration today.