All City & finance articles – Page 24
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NewsMamas & Papas to open 20 new international stores after record golden quarter
Mamas & Papas is set to expand its international store footprint after reporting a ‘record golden quarter’ in which it hit a new UK market share peak.
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NewsProCook sales have soared as Black Friday and Christmas campaigns pay off
ProCook has reported a “strong peak trading performance” as its focus on Black Friday and Christmas offers, product ranges and inventory levels paid off.
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NewsTopps Tiles has returned to sales growth as CEO announces retirement
Topps Tiles has reported surging sales during the first quarter as the search for a new chief executive begins to succeed long-serving boss Rob Parker.
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NewsSeasalt has posted ‘impressive’ sales growth but warns of Budget pressures
Cornish clothing brand Seasalt has recorded “impressive sales” over the festive trading period, with online, stores, wholesale and marketplace partner sales all increasing.
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NewsBrompton boss says bike industry ‘in turmoil’ as profits nearly wiped out
The chief executive of Brompton has said the industry is “in turmoil” and predicted that 2025 will be another tough year after profits nosedived.
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NewsThe Perfume Shop has seen a ‘successful’ Christmas trading period
The Perfume Shop has recorded another successful Christmas as 2 million bottles of perfume were sold between November 28 and December 24.
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NewsLidl celebrates its ‘most successful Christmas yet’
Discount supermarket Lidl has recorded its “most successful Christmas yet” as year-on-year sales and turnover increased.
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NewsIssa brothers are considering a multibillion US listing for their forecourt empire
The Issa brothers are looking at a potential £13bn US listing for their petrol station empire, EG Group, despite the business originating in the UK.
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FeatureBuyouts and boardroom bust-ups: the stories that rocked retail in 2024
Retail looks back at 2024. From political upheavals to well-known high street brands collapsing into administration, the year was also marked by the return of iconic brand promises and a few heavyweight city clashes.
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NewsQuiz is quitting the stock exchange to cut costs
Fashion retailer Quiz intends to cancel its listing on the AIM stock market and operate as a private company instead.
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NewsBoohoo has strengthened its balance sheet with office sale
Fashion retailer Boohoo has sold its office in London, helping the retailer to bolster its balance sheet.
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NewsBoohoo shareholders have given a slap in the face to Frasers Group
Attempts by Frasers Group to install founder Mike Ahsley on the board of online fashion specialist Boohoo have been rebuffed.
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NewsN Brown has received the green light to be taken private
Fashion retailer N Brown has received approval today for the business to be acquired and taken private by one of its non-executive directors and shareholders.
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NewsNetwork Rail retail sales have jumped ahead of Christmas rush
Network Rail Property saw a double-digit uplift in retail sales across its 19 managed stations over the summer ahead of the Christmas peak.
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NewsNike is vowing to ‘return sport to the centre of everything we do’ as sales fall
Nike’s new boss has pledged to act fast to restore the trainer brand and retail giant’s fortunes as he reported a quarterly sales fall.
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Opinion‘A Christmas profit warning is inauspicious, but retail has reasons to be cheerful about 2025’
Despite a hefty profit warning from Shoe Zone, as long as retailers overall meet muted Christmas expectations then City appetite for their shares could pick up in the new year, writes George MacDonald
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NewsThe Body Shop is ‘back in profit baby!’ new boss reveals
Ethical cosmetics specialist The Body Shop is back in the black – albeit over a short period.
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NewsShoe Zone will close stores and slash jobs after profit warning
Struggling footwear retailer Shoe Zone has issued a profit warning and said it plans to close “a number of stores” due to increased costs related to the Budget.
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NewsLandsec snaps up majority stake in shopping centre for £490m
Landsec has snapped up a majority stake in shopping centre Liverpool One in a deal worth £490m.
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NewsUK businesses slashing staff at fastest rate in years after Budget
UK businesses are slashing staff numbers at the fastest rate since the global financial crisis, according to a new survey which blames the government’s October Budget.