All City & finance articles – Page 236
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NewsDunelm profits hit by Worldstores in ‘subdued’ year
Dunelm suffered a fall in pre-tax profits but said sales increased in its second and final full year under former boss John Browett.
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OpinionWill Kingfisher sink or swim after stormy first half?
Last month, B&Q and Screwfix owner Kingfisher issued an underwhelming second-quarter trading update.
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NewsToday in retail: JD Sports races ahead with soaring profits
JD Sports continued its run of beating its competitors to the finishing line today, posting rocketing profits and revenues.
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NewsJD Sports profits and sales climb in ‘record’ half-year
JD Sports has posted a jump in profits and sales for its interim results, bolstered by international store expansion and online growth.
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NewsIndian entrepreneur targets Coast, Oasis and Warehouse
An Indian entrepreneur, who is wanted by Interpol, is targeting a takeover of Coast, Oasis and Warehouse.
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NewsPrimark full-year sales soar as margin improves
Primark has hailed a jump in full-year sales and margins after the latter was driven up by lower markdowns.
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AnalysisCan Sports Direct score with investors and shoppers again?
The Sports Direct saga took what, for many onlookers, appeared to be an unexpected twist at its annual general meeting in Shirebrook.
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NewsNatura completes The Body Shop acquisition from L’Oréal
Brazilian cosmetics manufacturer Natura Cosméticos has completed its acquisition of The Body Shop from L’Oréal after being given the green light by competition watchdogs.
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NewsAgenda: Dunelm, JLP, Morrisons, Next and Primark update
Retail Week looks ahead to the next seven days, with updates from Dunelm, John Lewis Partnership, Morrisons, Next and Primark on the agenda.
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NewsToys R Us hires lawyers to explore US restructuring
Toys R Us in the US has hired lawyers to explore restructuring options ranging from bankruptcy to raising financing and restructuring debt.
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NewsKoovs full-year sales rocket but losses remain
Koovs has revealed soaring full-year sales and steady losses as it aims for profitability in 2020.
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OpinionOpinion: Next won’t keep pace while overspaced
Moving out of retail’s typically slower summer months, the City is gearing up for a flurry of financial updates next week.
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NewsSports Direct chair Hellawell secures investor backing
Sports Direct’s chairman Keith Hellawell has been re-elected as chairman by the retailer’s independent shareholders at today’s AGM.
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NewsSports Direct reiterates profit ambitions ahead of AGM
Sports Direct said sales at its new stores “exceed our expectations” amid growing calls for chairman Keith Hellawell to step down at today’s AGM.
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OpinionOpinion: Asos sets benchmark for embracing tech change
Cast your mind back 25 years, to a world in which digital giants like Amazon and Asos didn’t exist.
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NewsGear4Music sales crescendo amid investment drive
Gear4Music said its first-half sales have risen ahead of expectations, but investment has increased operational costs and “restricted margins”.
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NewsHalfords first-quarter sales driven by staycations
Halfords has unveiled an increase in first-quarter sales, which outgoing boss Jill McDonald attributed to the heightened popularity of holidaying in the UK.
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NewsH&M UK profits and sales flat despite expansion
H&M’s UK profits and sales were flat last year despite expanding its store estate by nearly 10%.
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NewsUpdate: Fraud trial of ex-Tesco executives adjourned
The trial of three former Tesco executives in relation to the supermarket giant’s 2014 accounting scandal has been adjourned until September 25.
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NewsM&Co plots expansion push as profits and sales climb
M&Co is plotting a fresh store expansion drive in the UK after registering an increase in full-year earnings and sales.