All City & finance articles – Page 240
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NewsSports Direct ups French Connection stake to 27%
Sports Direct has increased its stake in French Connection to 27% after snapping up shares from two of the fashion chain’s activist investors.
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NewsBonmarché sales advance as turnaround bears fruit
Bonmarché unveiled an increase in both online and store sales in its first quarter as the fashion retailer’s new strategy began to pay off.
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NewsToday in retail: American Eagle flies away home
Merely three years after hatching its UK business, American Eagle is spreading its wings and flying away home.
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NewsMySale profits jump as customer numbers increase
Online flash sales business MySale has registered a jump in full-year earnings, driven by a spike in customer numbers and gross margin gains.
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NewsJoules profits surge in first full year since IPO
Joules has posted rocketing profits and sales in its first full year since floating on AIM.
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NewsRetail rich list 2017: The industry’s wealthiest 100
Retail Week’s list of the top 100 richest retailers has uncovered record wealth, a surprisingly high proportion of new entries and a new number one.
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NewsGames Workshop sales soar as it ups profit forecast
Games Workshop has posted a leap in its full-year sales and said profits for its current financial year are “likely to be above market expectations”.
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NewsMichael Kors to buy Jimmy Choo for £896m
Fashion brand Michael Kors is set to snap up Jimmy Choo with a bid valuing the luxury footwear retailer at 230p per share.
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NewsBathstore records rise in full-year profit
Bathstore has reported a rise in gross profit – its preferred measure – and sales in its last financial year.
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NewsMcColl’s first-half profits hit by Co-op deal costs
McColl’s has posted a fall in pre-tax profits, reflecting its acquisition of 298 Co-op stores.
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NewsThe Perfume Shop profits slide as online drives sales
The Perfume Shop posted a decline in its full-year profits, which it attributed to increased competition from etailers and rising costs.
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NewsAO.com sales rise despite ‘challenging’ UK environment
AO.com has hailed sales growth during its first quarter but warned that the UK trading environment “remains challenging”.
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NewsAgenda: Joules, Gear4music and the latest grocery data
Retail Week looks ahead to the next seven days, with updates from Joules, Gear4Music and the latest grocery market share data all on the agenda.
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AnalysisInfographic: Waitrose, N Brown and Dixons Carphone
Words and numbers, July 21, 2017: Waitrose on why it has created head of food services role, BRC on footfall growth, plus N Brown, Game and Dixons Carphone.
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NewsToday in retail: The sun shines on retail sales
June provided some light in the midst of what could be a long and gloomy tunnel for retailers and consumers alike.
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NewsShop Direct sale scrapped by Barclay brothers
The Barclay brothers have decided not to sell or float Shop Direct due to declining investor appetite.
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NewsQuiz valued at over £200m as float nears completion
Fast fashion retailer Quiz has been priced at £102.7m prior to the completion of its stock market listing on AIM and given a market cap of around £200m.
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AnalysisSports Direct’s recovery – marathon or sprint?
At first glance it would be easy to write off Sports Direct’s preliminary results, which saw pre-tax profit plunge almost 60%, as an unmitigated disaster.
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NewsMothercare UK like-for-likes creep up in first quarter
Mothercare’s UK like-for-like sales edged up 1.9% in its first quarter but a poor performance in the Middle East caused its international sales to sag.
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NewsSports Direct full-year profits plummet, new CFO hired
Sports Direct’s profits plummeted nearly 60% last year and the Mike Ashley-controlled retailer appointed Jon Kempster from JVM group as its new chief financial officer.