All City & finance articles – Page 245
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NewsDFS issues profit warning as consumer uncertainty bites
DFS has said its full-year profits will be below market expectations as uncertainty triggered by the general election has hurt sales.
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NewsInditex profits and sales surge in its first quarter
Zara owner Inditex has posted a leap in first-quarter profits driven by soaring sales as the fast-fashion giant eyes international online expansion.
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NewsMajestic swings to pre-tax loss despite sales rise
Majestic Wine reported a full-year pre-tax loss, which boss Rowan Gormley attributed to the “most risky and cost intensive” phase of the retailer’s transformation plan.
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NewsToday in retail: Dark times for BrightHouse
BrightHouse’s problems were laid bare today when the rent-to-buy business posted an eye-watering slump in profitability.
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AnalysisSeven ways to navigate post-election uncertainty
As the retail sector’s current state of uncertainty looks set to continue, we identify seven things retailers can do to successfully navigate it.
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NewsBrightHouse profits slump as affordability checks bite
BrightHouse has suffered a steep drop in full-year profits after new regulations surrounding its business model impacted earnings.
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NewsHamleys’ chief financial officer Dunn to step down
Hamleys’ veteran finance chief Alasdair Dunn is to leave the toy retailer after 10 years in charge.
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NewsWHSmith travel stores drive sales advance
WHSmith has posted a rise in sales and expects to meet full-year profit expectations.
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NewsToday in retail: Retailers with staying power
With great power comes great responsibility – just ask the likes of Jeff Bezos, Seb James, Dave Lewis and Mike Coupe.
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NewsBHS: Retail Acquisitions’ liquidators appointed
Liquidators have been appointed to Retail Acquisitions, the consortium that owned BHS at the time that the retailer entered administration.
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NewsJaeger creditors attack former owner Better Capital
Jaeger creditors who claim they are owed millions from the collapse of the heritage brand have bought shares in former owner Better Capital.
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NewsTed Baker sales continue to climb despite uncertainty
Ted Baker has fashioned a 14.2% group sales rise, despite an “uncertain macro environment”, as it drives its ecommerce business and ploughs ahead with global expansion.
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OpinionOpinion: Tesco and Morrisons bosses worth every penny
As the hotly debated issue of executive pay continues to fall under the microscope, this week the focus will turn on Tesco and Morrisons.
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NewsLuxury etailer Farfetch eyes New York float
Online luxury retailer Farfetch is considering floating in New York and is reportedly seeking a $5b (£3.9b) valuation.
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NewsOcado unveils financing plans as profits rise
Ocado has revealed plans to raise hundreds of millions of pounds by launching bonds and extending its credit facility.
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NewsPhilip Day eyes Coast, Oasis and Warehouse
Retail tycoon Philip Day is reportedly looking at acquiring Coast, Oasis and Warehouse from the administrators of current owner Kaupthing.
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NewsMorrisons could face investor revolt over Potts' pay
Morrisons could face a shareholder backlash over executive pay at its AGM this week after a leading voting adviser recommended opposing its remuneration report.
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NewsNisa drafts in bankers to explore possible sale
Nisa Retail has drafted in bankers to advise over a potential sale of the business, according to reports.
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AnalysisAnalysis: What does election result mean for retail?
Theresa May’s decision to call a snap general election backfired as the Conservative Party lost its majority, plunging the UK into further political uncertainty.
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AnalysisRetail chiefs: 'Worst election result we could have'
After the snap election resulted in a hung parliament, Retail Week spoke to retail executives to gauge reaction across the industry.