All City & finance articles – Page 224
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NewsToday in retail: Business groups apply Brexit pressure
As if it wasn’t already feeling the heat, the Government is now under even more pressure to quickly secure a Brexit deal.
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NewsGear4music shrugs off results mess-up as revenues rise
Gear4music has posted a rise in sales and gross profit during its first half.
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NewsHut Group builds acquisition war chest with £515m credit
The Hut Group has secured a £515m revolving credit facility to bolster its acquisition war chest.
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NewsHobbs profits rise as turnaround plan bears fruit
Hobbs has posted an increase in full-year profits and sales as the retailer’s turnaround plan begins to pay dividends.
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NewsDebenhams dismisses claims of 'immoral' supplier demands
Debenhams has hit back at accusations that it demanded “immoral” discounts from its suppliers, following reports over the weekend.
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NewsAgenda: Debenhams updates the market
Retail Week looks ahead to the next seven days, with a preliminary update from Debenhams on the agenda.
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NewsShop Direct’s Barclay brothers to scoop £200m in deal
Shop Direct owners the Barclay brothers will receive over £200m in a refinancing deal, following their decision to abandon a sale of the business.
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NewsGames Workshop sales and profits 'well above' last year
Fantasy game specialist Games Workshop has said that its sales and profits are running “well above” the level they were at last year.
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NewsWickes like-for-likes slow in ‘difficult’ market
Wickes like-for-like growth slowed to 2.4% in its third quarter as it faced an “increasingly difficult market environment”.
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AnalysisThe City should give Debenhams’ Bucher breathing space
As the department store market comes under greater pressure perhaps than ever before, the job of turning around Debenhams looks more and more demanding.
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NewsToday in retail: Sainsbury’s cuts are a necessary evil
Sainsbury’s revelation that it is axing 2,000 roles as it restructures its human resources team represents a painful but necessary move.
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NewsZara UK full-year profits drop despite surging sales
Zara’s British arm suffered a fall in earnings last year despite a spike in sales.
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NewsAgenda: Asos updates the market with its preliminary results
Retail Week looks ahead to the next seven days, with a preliminary update from Asos on the agenda.
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NewsN Brown partners with Amazon Fashion as profits edge up
N Brown has recorded a rise in profit bolstered by strong sales across its core brands.
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NewsDunelm like-for-likes jump but margins hit
Dunelm like-for-likes jumped 9.3% in its first quarter although gross margin was down 220 basis points.
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NewsQuiz sales surge in first half as online rockets
Quiz’s sales surged 35% to £56.1m in its first half as it continued its omnichannel expansion in the UK and overseas.
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NewsToday in retail: Co-op closes in on Nisa deal
The Co-op’s swoop for Nisa took a giant step forward today when the symbol group and wholesaler’s board recommended the £137.5m offer to shareholders.
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NewsNisa board recommends Co-op’s £137.5m offer
Nisa’s board has “unanimously” recommended the Co-op’s offer worth up to £137.5m to its shareholders.
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NewsTed Baker profits rise bolstered by international sales
Ted Baker has reported healthy increases in its interim profits and sales, driven by increased demand in America and Asia and a thriving ecommerce arm.
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NewsToday in retail: What next for Oasis, Coast, Warehouse?
Having been on the block for a number of months, Oasis, Coast and Warehouse will not be changing ownership after all.