All City & finance articles – Page 230
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NewsHut Group snaps up Glossybox and hits £2.5bn valuation
The Hut Group’s latest funding round has more than doubled its valuation as the health and beauty etail group acquired cosmetics subscription business Glossybox.
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OpinionOpinion: Asda sales will prove it is past its nadir
It’s been a long, dark tunnel for Asda – one it has been attempting to crawl its way out of for almost three years.
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NewsAmazon's European retail business pays just £15m in tax
Amazon’s European business paid just €16.5m (£14.95m) in tax last year, despite raking in revenues of €21.6bn (£19.57bn).
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NewsAgenda: Asda and Kingfisher report second quarter results
Retail Week looks ahead to the next seven days, with updates from Asda and Kingfisher on the agenda.
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NewsToys R Us full-year profits jump despite falling sales
Toys R Us’ pre-tax profits rocketed in its latest full year, but sales dipped amid what the retailer described as a ‘competitive market environment’.
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NewsScalpel or axe? How retailers should seek to streamline
As the likes of Tesco, John Lewis, Sainsbury’s and Asda streamline their cost bases, Lawrence Hutter explores the departments where retail’s axe is likely to fall.
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NewsCard Factory sales spike amid store expansion plan
Card Factory has posted a jump in like-for-like sales during its first half as the business presses ahead with a drive to broaden its proposition.
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NewsScS like-for-likes slip against ‘tough comparatives’
In a pre-close update, ScS said order intake slipped 0.7% on a like-for-like basis in its full year as it came up against tough comparatives.
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NewsCath Kidston profits jump as international arm blooms
Cath Kidston’s full-year profits surged as “essential Britishness” struck a chord with shoppers in its overseas markets.
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OpinionTen years on, credit crunch lessons still apply
Ten years ago today, August 9, 2007, “the world changed”.
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NewsWhite Stuff profits drop in 'a year of investment'
White Stuff has posted a drop in earnings following “a year of investment” into its store expansion plan.
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NewsPets at Home sales rise driven by services arm
Pets at Home has posted a sales upswing as its veterinary services drove growth in what boss Ian Kellett hailed as a “strong” first quarter.
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NewsSports Direct investors desert Ashley-owned firm
Sports Direct’s independent investors are deserting it, as some suspect the retailer may never resolve its corporate governance crisis.
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NewsAgenda: Pets at Home and DFS update the market
Retail Week looks ahead to the next seven days, with updates from Pets at Home and DFS on the agenda.
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NewsWyevale close to refinancing debt after losses mount
Wyevale Garden Centres is close to securing new funding that will put it on a stronger footing after racking up losses of around £100m last year, Retail Week understands.
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NewsToday in retail: DFS and Sofology cosy up
It’s fast becoming a week of deals in the retail sector, with consolidation seemingly the order of the day.
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NewsYoox Net-a-Porter profits climb in first half
Yoox Net-a-Porter has reported a rise in sales and earnings in the first half of the year.
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NewsNext full-price sales edge up in second quarter
Next has posted a 0.7% rise in full-price sales in the second quarter, helped by warm weather.
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OpinionOpinion: Asda – is this the long-awaited nadir?
As Asda pre-tax profits plummet 18.8%, is this rock bottom for the grocer? Ged Futter fears not.
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NewsAsda suffers full-year profits and sales slump
Asda’s full-year performance fell “behind expectations” as the struggling grocer’s profits and like-for-like sales declined.