All City & finance articles – Page 23
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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.
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NewsModella Capital lays out plans for WHSmith after acquiring its high street arm
Private equity firm Modella Capital has laid out its plans for the WHSmith high street business, which was acquired in a £76m deal.
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NewsWHSmith sells UK high street business to private equity firm and rebrands to TGJones
WHSmith has made the decision to sell its UK high street business to a private equity firm in a £76m deal as it focuses on becoming a pureplay global travel retailer.
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AnalysisBillion, schmillion? Why Next’s Lord Wolfson is looking beyond landmark profit
As Next joins retail’s billion pound profit club, Lord Wolfson explains why he’s not hung up about the big number, why he is opening a new space for the first time in years, and the changing shape of the business
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DataCharts: Next becomes the latest member of UK retail’s £1bn profit club
Only four UK retailers have exceeded £1bn in nominal profits, with Next being the latest to join the club.