All City & finance articles – Page 20
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DataForget Blue Monday, growth in UK retail sales was another positive surprise from January
The release of the ONS’ retail sales on Friday was the latest in a surprisingly positive flurry of economic indicators in what is supposed to be the saddest month of the year
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Opinion‘You could be forgiven for thinking that a new cost-of-living crunch is upon us’
Hard-pressed consumers, like retailers, face unwelcome cost increases in the next few months and that has implications for spending, says Retail Week executive editor George MacDonald
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NewsFashion retailer Quiz calls in administrators
Clothing group Quiz has brought administrators on board, likely leading to job losses and store closures.
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NewsConsumer confidence hits ‘new low’ as energy bills rise looms
Consumer sentiment has stepped back this month, when confidence in the state of the economy fell.
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NewsThe Very Group has delivered an ‘improved performance’ as profit grows
The Very Group has recorded an “improved performance” as it saw profits rise but its revenue slipped.
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NewsClub L London’s sales have surged as it targets global expansion
Fashion retailer Club L London has seen its turnover rocket in its most recent financial year as it targets international expansion in 2025.
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FeatureShow me the money – what incentives make staff act like they own the company?
What sort of schemes are operating, and which might be most effective? And will such schemes change as basic pay – powered by rising minimum wage costs – rises and the overall cost of employing people goes up?
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NewsShein exec says 'growth remains strong' amid tariff worries
Donald Tang, executive chairman at the retailer, was reassuring investors in a letter seen by Reuters.
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AnalysisWhat’s next for Shein as regulatory scrutiny and Trump tariffs threaten London float?
Caught between the rock of Trump’s protectionist tariffs in the US and the hard place of an EU crackdown on a “tsunami” of cheap goods, is Shein’s short-lived era of dominance over?
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NewsTopps Tiles’ CTD acquisition has triggered CMA concerns
The Competition and Markets Authority (CMA) has identified competition issues with Topps Tiles acquisition of CTD Tiles.
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NewsShein ponders pushing back IPO date after Trump tariff changes
Online fashion giant Shein is considering a delay to an IPO in London in the aftermath of changes to US tariff rules unveiled by President Trump.
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NewsIn The Style teeters on brink of collapse
Online fashion retailer In The Style is close to insolvency and its owner is lining up administrators.
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AnalysisWages are rising but will that filter through to an uptick in consumer spending?
Retailers do not have many reasons to be cheerful right now, but a lift in consumer spending would be a very welcome balm for some of their troubles.
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NewsDunelm sales climb as chief executive steps down
Dunelm’s chief executive Nick Wilkinson has announced his intention to step down from the business he guided through Covid, after it recorded another sales rise in the first half and moved towards the opening of its 200th store.
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NewsShein is set to slash target London IPO valuation
Shein is reportedly set to slash the target valuation for its highly-anticipated flotation on the London Stock Exchange.
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NewsAsda’s sales slump must be turned around to avoid credit derating, warns Moody’s
Asda’s chairman Allan Leighton needs to resolve the chain’s operational challenges in the months ahead to prevent further downgrades to its credit rating, according to Moody’s.
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NewsEstée Lauder has reported a drop in sales as it widens job cuts
Estée Lauder Companies has reported a decline in second quarter sales as it announces more job cuts.
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NewsAsos’ former credit insurers reinstate cover as it works on turnaround plan
Asos has seen two previous credit insurers reinstate their cover for Asos clothing suppliers as the fashion retailer continues its turnaround plan.
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NewsPoundland’s managing director has stepped down amid reports of a sale
Poundland’s managing director Austin Cooke has left the value retailer amid reports of a potential sale.
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NewsHomebase owes unsecured creditors including retailers over £650m
Homebase owes more than £650m to unsecured creditors following its collapse into administration last November.