All City & finance articles – Page 226
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OpinionOpinion: No one in big ticket is sitting comfortably
As inflation rises, wage growth stagnates and uncertainty abounds in the wake of the Brexit vote, consumer confidence cannot be taken for granted.
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NewsHotel Chocolat to launch new subscription service
Hotel Chocolat is launching a new subscription service as part of a drive to give customers access to its products “wherever they are”.
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NewsBoohoo ups sales guidance as profits and revenues rocket
Boohoo has upped its full-year sales guidance after hailing a spike in sales and profits during its first half.
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NewsHotel Chocolat tastes success as profits double
Hotel Chocolat has posted a surge in profits as sales growth, new store openings and margin gains sweetened its bottom line.
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NewsMike Ashley firm's profits dented by Sports Direct woes
Sports Direct founder Mike Ashley’s personal investment vehicle suffered a slump in profits last year amid a “tough trading environment” for the retailer.
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NewsBlue Inc losses ballooned prior to CVA deal
Blue Inc has suffered ballooning losses but insisted it can stave off turbulent market conditions to continue trading “for the foreseeable future”.
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NewsMySale profits rocket as revenue creeps up
MySale’s full-year profits have rocketed thanks to the group prioritising the acquisition of high-lifetime-value customers.
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NewsCard Factory profits hit by wage and currency costs
Card Factory’s interim profits have been hit by the increased costs in wages and currency headwinds as well as investment.
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NewsWyevale unveils new strategy after profits dive
Wyevale Garden Centres has unveiled a new business strategy after losses spiralled in its last full year, Retail Week can reveal.
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NewsAldi profits fall again despite sales rise
Aldi’s profits have fallen for the third year in a row, despite sales and market share doubling in just four years.
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NewsAgenda: Aldi, Boohoo, Hotel Chocolat and Card Factory
Retail Week looks ahead to the next seven days, with financial updates from Aldi, Card Factory, Hotel Chocolat, Moss Bros and Boohoo all on the agenda.
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NewsCo-op member reward scheme eats into half-year profits
Co-op’s underlying pre-tax profits slumped in its first half as the group invested in its member reward scheme and earnings fell in its insurance business.
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NewsRiver Island profits slip despite sales climb
River Island’s profits slipped during its last full year despite a slight rise in sales.
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NewsOpinion: Hotel Chocolat is brewing a recipe for success
The Alternative Investment Market (AIM) has proven a hotbed for rapidly growing retailers in the UK since its formation just over 20 years ago.
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NewsHoF losses widen as transformation costs bite
House of Fraser has posted widening losses and a drop in like-for-like sales in its half-year update, but new boss Alex Williamson is “optimistic”.
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NewsOcado CFO cautions on costs as it grows new warehouse
Ocado has cautioned that costs will rise in its current financial year as it presses ahead with plans to grow its new Andover warehouse.
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NewsOcado sales soar as it scales up fulfilment centres
Ocado sales continued to rise in its third quarter, with group sales up 14.3% in the 13 weeks to August 27.
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NewsToys R Us files for bankruptcy protection in N. America
Toys R Us’ American and Canadian business has filed for bankruptcy protection, just two weeks after it hired lawyers to explore restructuring options.
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NewsFrench Connection losses shrink as non-execs replaced
French Connection narrowed its losses during its first half, despite suffering falling sales.
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NewsKurt Geiger profits jump as online sales surge
Kurt Geiger has posted a jump in full-year profits and sales driven by spikes in sales online and within its women’s categories.