All City & finance articles – Page 20
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NewsLush losses widen and it expects to pass on tariff costs to US customers
Lush has reported widening losses and said it anticipates passing the tax from tariffs on to American shoppers.
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NewsClintons returns to profit following period of distress
Card and gifting retailer Clintons has returned to profit after a period of distress that included a restructuring plan and store closures.
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NewsUK shoppers expected to spend over £2bn during Easter
UK shoppers are set to spend over £2bn over the upcoming Easter bank holiday weekend, according to GlobalData research.
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NewsTrump frames tariffs as economic ‘medicine’ as markets tumble
“I don’t want anything to go down. But sometimes you have to take medicine to fix something,” Trump said.
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NewsJigsaw has a new majority shareholder after securing £5m fresh funding
Fashion retailer Jigsaw has secured a fresh multimillion-pound cash injection from Carphone Warehouse co-founder David Ross.
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NewsGuess announces new CFO
The US-based retail business announced that Alberto Toni is expected to take the role in mid-June.
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NewsTHG completes refinancing package
The ecommerce company has completed debt refinancing through to December 2029.
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AnalysisLiberation day: what do Trump’s tariffs mean for UK retailers?
What does US President Donald Trump’s “Liberation Day” mean for retailers, and their shoppers, in the UK? Retail Week explores.
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NewsCo-op ready to ‘stand and fight’ against inflationary pressures
The Co-op says the work it has done over the last few years to offset costs and strengthen its balance sheet means it’s now ready to “stand and fight” in any potential price war.
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NewsNew Look owners invest £30m to ‘supercharge’ digital transformation
New Look chief executive Helen Connolly has “never been more excited about the future” of the business after its owners invested £30m to fuel its ambitious growth plans.
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NewsCo-op profits soar as it targets growth despite rising costs ahead
C-store specialist the Co-op’s profits have rocketed for the full year as it hails strategic progress and “right-sizing” of business starting to pay off.
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NewsMoonpig hails ‘strong’ performance as profits and sales grow
Online greetings card and gifting retailer Moonpig has hailed a “strong performance” as sales and profits continue to grow.
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NewsCurrys lifts profit guidance once again
Electricals giant Currys has lifted its profit outlook for the full year again.
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NewsTopps Tiles sales improve despite challenging external cost environment
Topp Tiles have reported improving sales in the first half of the year but warned that the external cost environment remains challenging for the business.
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Opinion‘Longstanding assumptions are being challenged as retailers navigate new reality’
Tough trading conditions mean that many retailers now recognise the need to strike a better balance between breadth of product and services and profitability, observes Alvarez & Marsal’s managing director Erin Brookes
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NewsTheo Paphitis’ Boux Avenue marks ‘breakthrough year’ for profits
Entrepreneur Theo Paphitis’ lingerie and clothing business Boux Avenue will clock up its first-ever profit in the financial year just ending, Retail Week can reveal.
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DataData: How costs will increase for retailers in the new financial year
This week marks the start of the new financial year for many and the coming into force of the big whammy of cost rises the retail sector has been dreading for months
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NewsMajestic buys wine supplier to ‘turbocharge’ business
Specialist retailer Majestic Wine is to acquire a leading wine and spirits supplier as it prepares for a new business phase.
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NewsPets at Home cuts next year’s profit guidance due to costs from Budget
Pets at Home has reduced its profit guidance for the next financial year as it battles cost increases stemming from the Budget.
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NewsBoohoo vows to push forward with Debenhams rebrand despite Frasers Group intervention
Boohoo has vowed to push forward with its plans to rebrand the group to Debenhams, despite Frasers Group thwarting its efforts to pass a resolution on the subject at today’s general meeting.