All City & finance articles – Page 213
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AnalysisWhy New Look's McGeorge may not shut shops after all
New Look boss Alistair McGeorge was in remarkably bullish mood this week for somebody leading a company with losses of £75m.
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OpinionNick Bubb: Does HoF's new plan have a chance?
House of Fraser’s new management team want a chance to prove that a slimmed down business can be viable, but do they deserve a chance?
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NewsPwC fined £6.5m over BHS audit
The accountancy firm responsible for auditing BHS’ accounts ahead of its controversial £1 sale and subsequent collapse has fined a record £6.5m.
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NewsNew Look full-year losses total almost £75m
New Look suffered an underlying operating loss of £74.3m last year, when sales slid 7.3% to £1.35bn.
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NewsTed Baker posts sales rise despite poor weather
Ted Baker has reported a 4.2% increase in group sales despite tough trading conditions and unseasonal weather.
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NewsBoohoo sales surge as multibrand strategy pays off
Boohoo has reported rocketing revenues in its first quarter and expects continued growth throughout the year.
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NewsPoundworld collapse puts more than 5,000 jobs at risk
Poundworld has plunged into administration putting around 5,100 jobs at risk.
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NewsAgenda: Tesco, Boohoo and Ted Baker update the market
Retail Week looks ahead to the next seven days, with updates from Tesco, Boohoo, Ted Baker, Majestic, N Brown and Mulberry on the agenda.
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NewsTesco’s Lewis voices business rates concerns
Tesco chief executive Dave Lewis has blamed the burden of business rates for the collapse of some retailers.
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NewsLord Kirkham-founded Fabb Sofas enters administration
Fabb Sofas has fallen into administration less than two years after it was founded, due to a lack of external funding.
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VideoThe Retail Week: Will a CVA save House of Fraser?
House of Fraser aims to axe more than half of its stores through a CVA. We discuss the proposals and whether they are enough to revive the department store’s fortunes.
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OpinionOpinion: Debenhams can benefit from HoF's adversity
“Every adversity, every failure, every heartache carries with it the seed of an equal or greater benefit.”
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NewsPoundworld to file intention to appoint administrators
Poundworld will file its intention to appoint administrators today after a rescue bid from Alteri collapsed, putting 5,500 jobs at risk.
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NewsHouse of Fraser plans 31 store closures as CVA unveiled
House of Fraser has proposed the closure of 31 stores through a CVA, details of which have now been revealed.
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NewsJoules profits to beat expectations after sales surge
Joules expects full-year profits to come in just ahead of City expectations after sales rose strongly last year.
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NewsCarpetright secures £60m lifeline through share issue
Carpetright has secured the £60m it needs to fund its CVA and restructuring costs via a share issue.
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NewsWHSmith travel sales rise as high street dips
WHSmith’s travel sales rose in its third quarter as it developed a new smaller format for high street stores.
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NewsAO.com full-year losses widen despite sales rise
AO.com has slipped further into the red despite increased sales as Britain’s Got Talent marketing costs and the weak pound bit into its bottom line.
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NewsQuiz profits and sales soar in 'excellent' year
Quiz has posted a leap in full-year profits and sales, bolstered by a rapidly growing customer base and its successful float.
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NewsPoundworld closing in on rescue deal with Alteri
Former Austin Reed owner Alteri Investors is closing in on a deal to rescue embattled Poundworld.